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: Ukraine
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 […]
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 […]
Ukraine crisis: PM Modi asks Air Force to evacuate stranded Indians
Prime Minister Narendra Modi has asked the Indian Air Force (IAF) to evacuate Indians stranded in Ukraine due to the Russian military offensive against that country, sources said on Tuesday. The IAF is likely to deploy several C-17 aircraft as part of Operation Ganga from Tuesday, they said. Till now, only private Indian carriers were […]