Skyrocketing energy prices have cost Europe nearly $1 trillion, considered the fallout of the war in Ukraine; it presages the beginning of the deepest crisis in decades.

Moscow has warned that foreign military aid to Ukraine will only prolong the war. In addition, Europe’s unwavering support for Kiev comes at the expense of millions of others in dire need of aid.

The presidential office announced the news on Friday.

Russian missiles pounded more than 40 Ukrainian cities and towns, officials said on Thursday, after a U.N. General Assembly resolution called Moscow's annexation of Ukrainian territory "illegal".

The conflict in Ukraine has raised the prospects of an all out confrontation between nuclear armed states with Russian Foreign Minister, Sergei Lavrov, warning of the likelihood of World War III breaking out.

Russia has said Ukrainian soldiers have until Sunday to lay down arms and surrender in the southern city of Mariupol as the city has been under siege for weeks.

Russia says US and European threats and ultimatums against Moscow would do nothing to ease tensions over Ukraine.

British Defense Secretary, Ben Wallace, calls for de-escalation between Russia and the West over Ukraine, saying war would fuel greater instability, higher fuel prices and migrant flows.

US Secretary of State Antony Blinken said Wednesday he will not present a formal response to Russian proposals on the Ukraine crisis in talks this week, saying the two sides needed to explore common ground.

The European Union (EU) says it will give a "firm answer" to a ruling by the Polish Constitutional Tribunal bringing the primacy of EU law under question, and will call on Warsaw to "abide by the rules of the club."