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Zelensky Says the Refinery Block Is Over as Europe Weighs a US Asset Plan

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4 min read
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News & Analysis
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Oct 15, 2026
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Volodymyr Zelensky with Ursula von der Leyen at a European Political Community summit in 2026. Zelensky is due to join EU leaders in Brussels on Friday. Photo via Wikimedia Commons.
  • Zelenskyy told the Financial Times that Ukraine will restart strikes on Russian oil refineries: "The block is out. We're done."
  • He says US early-warning alerts for incoming ballistic missiles have stopped and Starlink has been slowed across Ukraine. EU Insider could not independently confirm the extent of either.
  • US officials have proposed that Europe release part of Russia's frozen sovereign assets into a vehicle overseen by Washington, the FT reports. Zelenskyy joins EU leaders on Friday.

Ukraine's president has told Europe what he expects from the US before he reaches the summit table. He expects less than before.

The block comes off

In an interview with the Financial Times in London, Volodymyr Zelenskyy said Ukraine will resume strikes on Russia's oil refineries despite US opposition. "The block is out. We're done," he said. Washington has pressed Kyiv to stop hitting the refineries, arguing that a pause, together with its deal to buy Russian diesel, is needed to bring American fuel prices down. Zelenskyy said he paused energy strikes for three days to comply, while Moscow kept hitting Ukrainian energy infrastructure and killing civilians.

Intelligence and Starlink

Zelenskyy called the withdrawal of US intelligence "dangerous". He said his forces have been left without US early-warning alerts for incoming ballistic missiles during an intense wave of Russian attacks. He also said Elon Musk's Starlink service has been slowed across Ukraine, which hampers frontline operations and some strikes on Russian military sites. EU Insider has not been able to verify those claims independently. Earlier this week European officials told the FT that US officials had threatened to cut intelligence sharing unless Kyiv stopped hitting refineries.

A US plan for Russia's assets

The FT also reports, citing officials, that the US has asked European countries to unfreeze some of the Russian sovereign assets immobilised after the 2022 invasion and move them into a vehicle overseen by Washington. The aim is to encourage Moscow to engage in peace talks. The idea is likely to be contentious. Belgian Prime Minister Bart De Wever has already blocked Chancellor Friedrich Merz's plan to use frozen assets for Ukraine, according to Euractiv. Most of the assets sit in Belgium.

What Europe can offer on Friday

Zelenskyy is due to take part in the summit on Friday. Diplomats told Euractiv that talks will focus mainly on preparing Ukraine for winter, with more work on its financing needs for 2027. That leaves open how that bill is shared. French presidential frontrunner Marine Le Pen said in Brussels on Wednesday that France could no longer afford to support Ukraine financially, although she said it would keep training Ukrainian soldiers and supplying equipment.

What This Means

Europe is being asked to replace US intelligence and funding at the same moment a US plan for its assets reaches its capitals. Ukraine's decision on refineries also tests whether Europeans will back a strategy Washington opposes. Expect winter support to be agreed quickly and the money for 2027 to be left for later. Watch whether leaders say anything on the asset proposal, and whether Brussels offers Kyiv a substitute for the intelligence it says it lost.

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