Sources say Kuwait Petroleum Corporation is in talks with Blackstone Group, Brookfield Company, and EIG over a pipeline project that could be worth $7 billion.

Conflict Situation: 1. Zelensky's Chief of Staff: Ukraine and Russia may conduct another prisoner exchange this week. 2. Ukrainian Security Service official: Ukrainian drones attacked an oil pumping station in Russia's Tatarstan region. This station is a key facility of the "Friendship" pipeline, which transports Russian oil to Eastern Europe. 3. Ukrainian military official: Ukraine regained control of 400 square kilometers of territory and eight settlements in the Oleksandrivka direction in February. 4. Russian Ministry of Defense: Since the start of the special operation, the Ukrainian armed forces have suffered losses exceeding 1.5 million personnel (casualties), 27,835 tanks, and 670 aircraft. Peace Negotiations: 1. Ukrainian official: A new round of negotiations with Russia may be held on February 26-27. 2. Senior US State Department official: Russian and US delegations met on Monday and will meet again on Tuesday. Other Developments: 1. The EU announced sanctions against eight Russian individuals. 2. EU Foreign Ministers: The EU has not reached an agreement on the 20th round of sanctions against Russia. 3. Australia and New Zealand will lower the price ceiling for Russian crude oil. 4. Hungarian Foreign Minister: We will not agree to anything as long as Ukraine continues to shut down oil shipments through the "Friendship" pipeline. 5. Reports from the World Bank and other institutions show that estimates for rebuilding the Ukrainian economy over the next decade have been revised upward by 12% to $588 billion. 6. Slovak Prime Minister: We have requested a halt to emergency electricity supplies to Ukraine. We were forced to take the first reciprocal measure against Ukraine; this measure will be lifted once oil shipments to Slovakia resume. 7. EU High Representative for Foreign Affairs and Security Policy, Karas: If the €90 billion loan provided by the EU to Ukraine is ineffective, we can re-examine the use of frozen assets.

The Central Bank of Hungary stated that maintaining stability in the foreign exchange market is crucial to curbing CPI expectations.