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Crude oil prices stay muted in 1H amid altered oil flows tracking Ukraine war

Crude oil prices stay muted in 1H amid altered oil flows tracking Ukraine war

Dated Brent prices are expected to remain relatively flat in the first half of 2023. On ample inventories despite persistent supply risks. With an...
New Russian offensive underway in Ukraine, says NATO

New Russian offensive underway in Ukraine, says NATO

KYIV: Days before the first anniversary of Moscow's invasion heavy artillery bombardment was being directed at the eastern Ukrainian city of Bakhmut. As the...
Europe bans Russian diesel, other oil products over Ukraine

Europe bans Russian diesel, other oil products over Ukraine

FRANKFURT Germany: In an effort to reduce its reliance on Moscow for energy and as retaliation for its invasion of Ukraine. Europe put a...
EU officials visit Kyiv as Russia strikes civilian target

EU officials visit Kyiv as Russia strikes civilian target

KYIV, Ukraine: Leading representatives of the European Union arrived in Kyiv. For talks with Ukrainian authorities as rescue workers combed through the debris of...
IAEA sends staff to all Ukraine nuclear plants in safety bid

IAEA sends staff to all Ukraine nuclear plants in safety bid

KYIV, Ukraine: In order to lessen the chance of catastrophic mishaps while Russia's war on Ukraine continues. The International Atomic Energy Agency has dispatched...
CIA director visits Kyiv, meets with Ukraine’s Zelenskyy

CIA director visits Kyiv, meets with Ukraine’s Zelenskyy

Washington, D.C. According to a U.S. official, Volodymyr Zelenskyy and CIA Director William Burns met in Kyiv last week. This was the most recent...
Global food prices in 2022 hit record high amid drought, war

Global food prices in 2022 hit record high amid drought, war

ROME: According to the U.N. Food and Agriculture Organization, global prices for food commodities such as grains and vegetable oils reached their highest levels...
US to send $3.75B in military aid to Ukraine, its neighbors

US to send $3.75B in military aid to Ukraine, its neighbors

WASHINGTON: As Russia's invasion of Ukraine continues, the United States will provide $3.75 billion in military supplies and other aid. To Ukraine and its...
EU eyes Russian officials, banks, industry for sanctions

EU eyes Russian officials, banks, industry for sanctions

BRUSSELS: As part of a fresh wave of sanctions meant to increase pressure on Moscow over its involvement in the crisis in Ukraine. The...
Biden approves $800M in new military assistance for Ukraine

Biden approves $800M in new military assistance for Ukraine

WASHINGTON USA: In anticipation of a new Russian offensive in eastern Ukraine, President Joe Biden approved an $800 million package of military assistance. Including...
Finland, Sweden move ahead toward possible NATO membership

Finland, Sweden move ahead toward possible NATO membership

HELSINKI Finland: European Union nations Finland and Sweden reached important stages. On their way to possible NATO membership. As the Finnish government issued a...
Biden waiving the ethanol rule in a bid to lower gasoline prices

Biden waiving the ethanol rule in a bid to lower gasoline prices

MENLO, Iowa USA: With inflation at a 40-year high, President Joe Biden journeyed to corn-rich Iowa on Tuesday. To announce a modest step aimed...
Poland-Ukraine ties seen as a target of Russian disinformation

Poland-Ukraine ties seen as a target of Russian disinformation

WARSAW, Poland: Days before Poland’s Independence Day in November, vandals painted the blue-and-yellow colors of the Ukrainian flag on monuments in Krakow. The vandalism,...
Biden, Modi to speak as US presses for a hard line on Russia

Biden, Modi to speak as US presses for a hard line on Russia

WILMINGTON USA: President Joe Biden is set to speak with Indian Prime Minister Narendra Modi as he presses world leaders to take a hard...
S&P downgrade indicates Russia headed for historic default

S&P downgrade indicates Russia headed for historic default

BOSTON USA: The credit rating agency Standard & Poor’s has downgraded its assessment of Russia’s ability to repay foreign debt. Signaling rising prospects that...
The US doubts the new Russian war chief can end Moscow’s floundering

The US doubts the new Russian war chief can end Moscow’s floundering

WASHINGTON USA: Russia has tapped a new Ukraine war commander to take centralized control of the next phase of the battle. After its costly...
Food prices soar to record levels on Ukraine war disruptions

Food prices soar to record levels on Ukraine war disruptions

ROME ITALY: Prices for food commodities like grains and vegetable oils reached their highest levels. Everlast month largely because of Russia’s war in Ukraine...
Europe agrees to ban Russian coal but struggles with oil, gas

Europe agrees to ban Russian coal but struggles with oil, gas

The European Union nations have agreed to ban Russian coal the first sanctions on the vital energy industry over the war in Ukraine. But...
UN assembly suspends Russia from top human rights body

UN assembly suspends Russia from top human rights body

UNITED NATIONS: The U.N. General Assembly voted to suspend Russia from the world organization’s leading human rights body. Over allegations of horrific rights violations...
Congress votes to suspend Russia trade status, enact oil ban

Congress votes to suspend Russia’s trade status, enact an oil ban

WASHINGTON USA: Congress voted overwhelmingly to suspend normal trade relations with Russia and ban the importation of its oil. Ratcheting up the U.S. response...
Germany seeks to boost renewable energy and cut Russian imports.

Germany seeks to boost renewable energy and cut Russian imports.

BERLIN Germany: The German government unveiled a major package of reforms. To boost the production of renewable power, and meet its climate goals. And...
UN to vote on suspending Russia from the rights council.

UN to vote on suspending Russia from the rights council.

UNITED NATIONS: The U.N. General Assembly will vote on whether to suspend Russia from the U.N.’s premier human rights body. The move was initiated...
Mariupol’s dead put at 5,000 as Ukraine braces in the east.

Mariupol’s dead put at 5,000 as Ukraine braces in the east.

ANDRIIVKA, Ukraine: The mayor of the besieged port city of Mariupol put the number of civilians killed there at more than 5,000. As Ukraine...
The US hits Russia with ‘war crimes’ sanctions, Europe following.

The US hits Russia with ‘war crimes’ sanctions, Europe following.

WASHINGTON USA: The U.S. rolled out a new wave of financial sanctions on Wednesday against Russia. That President Joe Biden said would place a...
Asia’s US$350bil gas projects intensify the clean energy debate.

Asia’s US$350bil gas projects intensify the clean energy debate.

SINGAPORE: Asia is pumping billions of dollars into new gas infrastructure. Making the region pivotal in a debate over the role of fossil fuels...
Wins for pro-Putin leaders buttress autocracies in Europe.

Wins for pro-Putin leaders buttress autocracies in Europe.

BUDAPEST, Hungary: After two nationalist European strongmen won overwhelming victories in elections on Sunday. One of the first foreign leaders to congratulate both were...
The US to seek Russia’s suspension from Human Rights Council.

The US to seek Russia’s suspension from Human Rights Council.

BUCHAREST, Romania: The United States plans to seek a suspension of Russia from its seat on the U.N.’s top human rights body. Pointing to...
Russia faces global outrage over bodies in Ukraine’s streets.

Russia faces global outrage over bodies in Ukraine’s streets.

BUCHA, Ukraine: Moscow faced global revulsion and accusations of war crimes. After Russian pullout from the outskirts of Kyiv revealed streets strewn with corpses...
Ukraine accuses Russia of the massacre, a city strewn with bodies.

Ukraine accuses Russia of the massacre, a city strewn with bodies.

BUCHA, Ukraine: Bodies with bound hands, close-range gunshot wounds, and signs of torture lay scattered in a city on the outskirts of Kyiv. After...
Secret intelligence has an unusually public role in the Ukraine war.

Secret intelligence has an unusually public role in the Ukraine war.

LONDON UK: The war in Ukraine is the conflict where spies came in from the cold and took center stage. Since Russia invaded its neighbor...
Lithuania cuts off Russian gas imports and urges the EU to do the same.

Lithuania cuts off Russian gas imports and urges the EU to do the same.

VILNIUS, Lithuania: Lithuania says it has cut itself off entirely from gas imports from Russia. Apparently becoming the first of the European Union’s 27...
Ukrainian forces retake areas near Kyiv amid fear of traps.

Ukrainian forces retake areas near Kyiv amid fear of traps.

KYIV, Ukraine: Ukrainian troops moved cautiously to retake territory north of the country’s capital on Saturday using cables. To pull the bodies of civilians...
Russian space chief: Sanctions could imperil space station

Russian space chief: Sanctions could imperil space station.

MOSCOW: The head of Russia’s space program said that the future of the International Space Station hangs in the balance. After the United States,...
Pakistan Prime Minister Imran Khan protests to the U.S. about alleged interference.

Pakistan Prime Minister Imran Khan protests to the U.S. about alleged interference.

ISLAMABAD, Pakistan: Pakistan Prime Minister Imran Khan said his government handed an official protest to the U.S. embassy on Friday over what it called...
European inflation soars to a record 7.5% on fuel, food costs

European inflation soars to a record 7.5% on fuel, food costs.

LONDON: Inflation in Europe soared to another record, according to new EU figures released in a fresh sign. That rising energy prices fueled by...
Cyberattack in Ukraine war affected thousands across Europe.

Cyberattack in Ukraine war affected thousands across Europe.

A cyberattack targeting a satellite network used by Ukraine’s government and military agencies shortly after Russia’s invasion also knocked offline tens of thousands of...
Poland to end Russian oil imports, Germany warns on gas.

Poland to end Russian oil imports; Germany warns on gas.

WARSAW, Poland: Poland announced steps to end all Russian oil imports by year’s end. While Germany issued a warning about natural gas levels and...
US seeks tighter UN sanctions after N. Korea missile test

US seeks tighter UN sanctions after N. Korea missile test

SEOUL, South Korea: The United States called for tougher U.N. sanctions after North Korea said it test-fired its biggest intercontinental ballistic missile to date....
Activists stage global climate protest, slam Ukraine war

Activists stage global climate protest, slam Ukraine war.

Berlin Germany: Climate activists staged the 10th series of worldwide protests. To demand that leaders take stronger action against global warming. With some linking...
Russians shift focus from Kyiv, scaling back goals in war?

Russians shift focus from Kyiv, scaling back goals in war?

WASHINGTON USA: Russian forces in Ukraine seem to have shifted their focus from a ground offensive aimed at Kyiv the capital. Instead, prioritize what...
Ukraine war drives the US, EU deal to undercut Russian energy

Ukraine war drives the US, EU deal to undercut Russian energy

BRUSSELS: With stunning speed, Russia’s war in Ukraine is driving Western Europe into the outstretched arms of the United States again. Especially apparent when...
Biden pledges new Ukraine aid warns Russia on chemical weapons

Biden pledges new Ukraine aid warns Russia on chemical weapons.

BRUSSELS Belgium: President Joe Biden and Western allies pledged new sanctions and humanitarian aid. In response to Vladimir Putin’s assault on Ukraine. But their...
The U.S. reinstates 352 product exclusions from China tariffs

The U.S. reinstates 352 product exclusions from China tariffs.

WASHINGTON USA: The U.S. Trade Representative's office said on Wednesday it has reinstated 352 expired product exclusions from U.S. "Section 301" tariffs on Chinese...
The U.S. imposes fresh sanctions on Russia over the Ukraine invasion.

The U.S. imposes fresh sanctions on Russia over the Ukraine invasion.

BRUSSELS/WASHINGTON: The United States on Thursday imposed fresh sanctions on Russia. Targeting dozens of Russian defense companies. Hundreds of members of its parliament, and...
Ukraine says 300 died in theater attack, hunger grips cities

Ukraine reports 300 dead in airstrike on Mariupol theater

KYIV, Ukraine: About 300 people were killed in the Russian airstrike last week on a Mariupol theater that was being used as a shelter....
Russian stock market, crushed by war, will partially reopen

Russian stock market, crushed by war, will partially reopen

NEW YORK USA: Russia plans to reopen its stock market for limited trading. Nearly one month after shares plunged and the exchange was shut...
Poland orders expulsion of 45 Russians suspected of spying

Poland orders expulsion of 45 Russians suspected of spying.

WARSAW, Poland: Poland ordered the expulsion of 45 Russians whom the government identified as intelligence officers. Using their diplomatic status as cover to operate...
Putin wants ‘unfriendly countries’ to pay rubles for gas.

Putin wants ‘unfriendly countries’ to pay rubles for gas.

MOSCOW Russia: President Vladimir Putin announced that Russia will demand that “unfriendly″ countries pay for Russian natural gas exports only in rubles from now...
NATO, in Arctic training drills, faces up to Putin's 'unpredictable' Russia.

NATO, in Arctic training drills, faces up to Putin’s ‘unpredictable’ Russia.

BARDUFOSS, Norway: NATO must face a Russian adversary that is more unpredictable and ready to take greater risks to project power in Europe. A...
UK inflation hits a 30-year high of 6.2% as Sunak readies response

UK inflation hits a 30-year high of 6.2% as Sunak readies response.

LONDON UK: British inflation shot up faster than expected last month to hit a new 30-year high. Worsening a historic squeeze on household finances...
‘No mercy’: Mariupol bombing compared to Nazi war crimes

‘No mercy’: Mariupol bombing compared to Nazi war crimes.

MEDYKA, Poland: The president of Poland compared Russia’s attacks on Ukraine to Nazi forces during World War II. Saying that besieged Mariupol looks like...
Ukraine war imperils wheat, but farmers are in no rush to pivot.

Ukraine war imperils wheat, but farmers are in no rush to pivot.

DUBAI, United Arab Emirates: Worldwide, farmers like are weighing whether to change their planting patterns and grow more wheat this spring. As the war...
UN chief: Don’t let Russia crisis fuel climate destruction

UN chief: Don’t let Russia crisis fuel climate destruction.

BERLIN Germany: Countries scrambling to replace Russian oil, gas, and coal supplies with any available alternative. May fuel the world’s “mutually assured destruction” through...
EU slams ‘war crimes’ in Ukraine but new sanctions unlikely

EU slams ‘war crimes’ in Ukraine but new sanctions unlikely

BRUSSELS Belgium: European Union countries accused the Russian armed forces of committing war crimes in Ukraine. But appeared unlikely to impose new sanctions on...
New rules for companies on climate risks proposed by SEC

New rules for companies on climate risks proposed by SEC.

WASHINGTON USA: Companies would be required to disclose the greenhouse gas emissions they produce. And how climate risk affects their business under new rules...
‘No city anymore’: Mariupol survivors take train to safety

‘No city anymore’: Mariupol survivors take train to safety.

LVIV, Ukraine: The heat on the train was as thick as the anxiety. Ukrainian survivors of one of the most brutal sieges in modern...
Russian win would bring ‘age of intimidation’

Boris Johnson: Russian win would bring ‘age of intimidation’

LONDON UK: British Prime Minister Boris Johnson said that Russia’s invasion of Ukraine was a “turning point for the world.” Arguing that a victory...
World Bank official says war-driven oil price hikes to slash growth for big importers

World Bank official says war-driven oil price hikes to slash growth for big importers

WASHINGTON: Persistent high oil prices prompted by Russia’s invasion of Ukraine could cut a full percentage point off the growth of large oil-importing developing...
Biden bans Russian oil, warns of higher prices at US pumps.

Biden bans Russian oil, warns of higher prices at US pumps.

WASHINGTON: President Joe Biden announced that the U.S. will ban all Russian oil imports. Toughening the toll on Russia’s economy in retaliation for its...
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