Is Europe Bringing Trump and Zelenskyy Closer Together?

Summary

Bloomberg's Oliver Crook reports from the G7 summit in Evian, where Zelensky sought to re-engage Trump with a stronger negotiating position. Converging US-European views on Ukraine's momentum could shift diplomatic efforts, while the US considers reinstating Russian oil sanctions. AI nationalism is another focus as tech leaders meet G7 officials amid US restrictions on foreign access to advanced AI models.

• Zelensky meets Trump and G7 leaders seeking US re-engagement in peace process on favorable terms for Ukraine.
• Ukraine has gained battlefield momentum and secured a €90 billion EU loan, strengthening its hand.
• The US may reinstate oil sanctions on Russia, which were previously lifted to ease supply shocks.
• Global demand for air defense and military hardware remains high, boosted by Gulf states and European Ukraine aid.
• Tech CEOs from Anthropic, OpenAI, and Google meet G7 leaders to discuss AI governance and collective approach.
• AI nationalism emerges as the US restricts foreign national access to advanced AI models, prompting calls for favored access.