Explore Business Standard
Associate Sponsors
Co-sponsor
The US State Department has expressed its displeasure about Ukraine's recent attacks on the Russian port of Novorossiysk on the Black Sea that have impacted US oil interests in Kazakhstan, Kyiv's chief envoy to Washington said on Tuesday. Ambassador Olga Stefanishyna noted the US concern on the fourth anniversary of Russia's brutal invasion of Ukraine. "This reach-out was not related to encouraging Ukraine from refraining to attack Russian military and energy infrastructure. It was related to the very fact that American economic interest was affected there," Stefanishyna told reporters in Washington. "It did happen, and we have taken the note." The State Department did not immediately respond to a request for comment. The Caspian Pipeline Consortium operates a pipeline from the Caspian coast in northwest Kazakhstan to the Novorossiysk port. The pipeline handles much of the crude exports from three major Kazakh fields in which major U.S. energy companies, Chevron and ExxonMobil, hav
The Kremlin on Thursday said it regretted the expiration of the last remaining nuclear arms pact between Russia and the United States, while US President Donald Trump declared he was against keeping its limits and wants a better deal. The pact's termination left no caps on the two largest atomic arsenals for the first time in more than a half-century, fuelling fears of an unconstrained nuclear arms race. Russian President Vladimir Putin last year declared his readiness to stick to the treaty's limits for another year if Washington followed suit, but Trump has ignored the offer and argued that he wants China to be a part of a new pact, something Beijing has rebuffed. "Rather than extend NEW START (A badly negotiated deal by the United States that, aside from everything else, is being grossly violated), we should have our Nuclear Experts work on a new, improved, and modernised Treaty that can last long into the future," Trump posted on his Truth Social network. Putin discussed the ..
The US and Russia agreed on Thursday to reestablish high-level military dialogue for the first time in more than four years in another sign of warming relations between the two countries since President Donald Trump returned to office and sought to end the war in Ukraine. High-level military communication was suspended in late 2021, as tension between Moscow and Washington rose ahead of the full-scale Russian invasion of Ukraine in February 2022. Trump then campaigned for a second term on promises that he would swiftly end the fighting. Many of his proposals for peace have heavily favoured the Kremlin, including requiring Ukraine to cede territory to Russia. The restored communication channel "will provide a consistent military-to-military contact as the parties continue to work towards a lasting peace," the US European Command said in a statement. The agreement emerged from a meeting between senior Russian and American military officials in the capital of the United Arab Emirates.
Russian President Vladimir Putin has said any decision on joining the Board of Peace led by the US to oversee the Gaza ceasefire plan will be taken after consultations with Moscow's strategic partners. "Regarding our participation in the 'Peace Board', the Ministry of Foreign Affairs has been instructed to study the documents received by us, consult with our strategic partners on this matter, and only then will we be able to respond to the invitation extended to us," Putin said in his televised opening remarks at the national Security Council meeting late Wednesday night. "We have always supported and continue to support any efforts aimed at strengthening international stability. We also acknowledge the current US administration's contribution to the search for a solution to the Ukrainian crisis," Putin said, thanking US President Trump for the invitation. The Board of Peace led by Trump was originally envisioned as a small group of world leaders overseeing the Gaza ceasefire ...
Russia's Foreign Ministry has said the US threats to strike Iran are categorically unacceptable. The ministry on Tuesday warned in a statement that any such strikes would have disastrous consequences for the situation in the Middle East and global security. It also criticised what it called brazen attempts to blackmail Iran's foreign partners by raising trade tariffs. The statement noted that the protests in Iran had been triggered by social and economic problems resulting from Western sanctions. It also denounced hostile external forces for trying to exploit the resulting growing social tension to destabilise and destroy the Iranian state and charged that specially trained and armed provocateurs acting on instructions from abroad sought to provoke violence. The ministry voiced hope that the situation in Iran will gradually stabilize and advised Russian citizens in the Islamic Republic not to visit crowded places.