Oil prices fell slightly on Wednesday as investors awaited more clarity on a potential Russian missile strike against Poland, while mixed U.S. inventory data and concerns over slowing Chinese demand also brewed more uncertainty in the market Crude markets were focused squarely on the North Atlantic Treaty Organization’s (NATO) response to a Russian-made missile killing […]
Tag: Russia
Ukraine and Poland have agreed to share customs supervision to make border crossings easier
On Sunday, Ukraine and Poland agreed to develop a common border customs control system and work on a shared railway firm to facilitate people’s movement and boost Ukraine’s export potential. During a meeting in Kyiv on Sunday, Ukrainian President Volodymyr Zelensky and Polish President Andrzej Duda praised the two countries’ growing cooperation, with Duda promising […]
Russia cuts gas supplies to a Ukrainian facility controlled by Germany
In retaliation for Western sanctions over the Ukraine conflict, Russia has halted natural gas supplies to a Gazprom business seized by Germany. According to German Economy Minister Robert Habeck, Gazprom Germania GmbH and its subsidiaries are no longer receiving all contracted volumes. He claims that Europe’s greatest economy and a major importer of Russian gas […]
Oil gains 0.3% as a result of EU sanctions against Russia and a potential crude ban
Oil prices rises on Thursday, extending gains from the previous session, as a European Union plan for more penalties against Russia, including a six-month oil embargo, countered concerns over Chinese demand. By 0209 GMT, Brent crude futures had risen 35 cents, or 0.3 percent, to $110.49 a barrel, while West Texas Intermediate crude futures had […]
President Joe Biden set to announce new military assistance for Ukraine
President Joe Biden is set to announce plans on Thursday to send additional military aid to help Ukraine fight back against the Russian invasion, according to a US official. The official, who was not authorized to comment publicly and spoke on the condition of anonymity, said Biden will deliver a Thursday morning address at the White House […]
Russian armed forces destroy ammunition plant in Ukraine’s Kiev
Russia’s forces have destroyed an ammunition plant in Ukraine’s Kyiv region, the Russian Defence Ministry said. “During the night, high-precision air-based missiles destroyed an ammunition factory near Brovary (city) in the Kyiv region,” Ministry Spokesman, Igor Konashenkov told a daily briefing on Sunday. He added that 29 militants, including foreign mercenaries, were eliminated during the […]
US considering sending high-level official to meet Zelenskyy in Kyiv
The Biden administration is considering sending a high-level official to Kyiv to meet Ukrainian President Volodymyr Zelenskyy. The report on Wednesday said that the US administration has made no final decision about who to send to Kyiv but it could be President Joe Biden, Vice President Kamala Harris, Secretary of State Antony Blinken, or Defense […]
India to allow Russia to invest, borrow from domestic market: Report
In the face of mounting sanctions against Russia for launching military operations in Ukraine, India in line with its old ties and friendly relations will allow Moscow to invest and borrow in the domestic market. Russia has been hit by multiple sanctions following its military operations in Ukraine. Countries around the world are imposing fresh sanctions against Russia. The United States, […]
AI flight carrying students evacuated from Ukraine’s Sumy lands in Delhi
An Air India flight from Poland’s Rzeszow carrying students evacuated from northeastern Ukrainian city Sumy landed in Delhi on Friday morning, officials said. The flight had taken off from Rzeszow around 11.30 pm (IST) on Thursday and landed in Delhi at 5.45 am on Friday, they said. India has sent three flights to Poland to bring back 600 […]
Russia, China build case at U.N. to protect Iran from U.S. sanctions threat
By Administrator_India Capital Sands Russia and China have started making the case at the United Nations against Washington’s claim that it can trigger a return of all sanctions on Iran at the Security Council, with Moscow invoking a 50-year-old international legal opinion to argue against the move. Russian Foreign Minister Sergey Lavrov and the Chinese […]