Russian crude imports are expected at around 2.1 mbpd in August, down from 2.6 mbpd in June and July; fresh US sanctions on Iran are unlikely to have a material direct impact
Given the pressure on Moscow's crude exports, processors have been seeking alternative barrels from regions including West Africa and even the Americas
Moscow and Kyiv, major players in global agriculture markets, have accused each other of intensified attacks on vessels used for food exports during Russia's war in Ukraine.
Russian President Vladimir Putin said Moscow was prepared to increase fertiliser supplies to India, while noting that bilateral trade grew in the first half of 2026
Jaishankar met Putin during his visit to Moscow for a meeting of the India-Russia Inter-Governmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation.
A Russian missile barrage overnight Thursday killed at least 12 people in Kyiv as explosions echoed across Ukraine's capital throughout the night, local authorities said. At least 33 people were wounded, according to Ukraine's Emergency Service. The air raid alert remained active into the early morning hours Thursday. The strikes hit 12 locations across Kyiv's Darnytskyi, Sviatoshynskyi and Solomianskyi districts, damaging residential buildings, a medical facility and an educational institution. Emergency crews were at the scene and pulled people out from under the rubble. In Solomianskyi district, the top two floors of a 9-story residential building were destroyed and fires broke out on other floors. People were also trapped in two residential buildings and a school shelter. 60-year-old Larysa Bondaruk sat on the ground, holding her cat, Chanel, which had been rescued by firefighters. With tears in her eyes, she said that her neighbour's grandson had been trapped under the rubble
Ufa is home to three oil refineries, Novoil, Ufimsky and Ufaneftekhim, all owned by Rosneft PJSC's Bashneft unit.
Deputy Prime Minister Alexander Novak said in July that Russia would begin importing oil products to help stabilise the domestic market
The investigation identified 10 Russian bases with newly built launch pads for advanced Iranian-modelled Shahed-type drones
Two people were killed after a Russian strike hit the ArcelorMittal steel plant in Ukraine, partially disrupting operations at the country's largest steelworks owned by Indian billionaire Lakshmi Mittal. According to Russian state-run newspaper Rossiya Gazeta, the strike on Sunday hit key energy and blast furnace production facilities at the plant in Kryvyi Rih. "ArcelorMittal Kryvyi Rih, Ukraine's largest steel plant, announced a partial shutdown following Russian strikes," it said. The report described the facility as part of Ukraine's strategic economic and security complex. Quoting ArcelorMittal's press service, Ukraine's English-language newspaper Kyiv Post reported that the missile strike on the facility killed two people and injured 13 workers and contractors. Search and rescue operations are ongoing, involving firefighters, rescue workers, and medical personnel, it said. The attack damaged primary production facilities related to energy and blast furnace operations, promp
Russia launches new talent visa for foreign professionals: Who can apply and what it offers
Romania, which borders Ukraine, said an F-18 fighter on a Nato air policing mission had shot down a drone that breached its airspace during the latest attacks
Official says trade talks with Washington remain 'reassuring'
Russian attacks on cargo vessels have sharply disrupted shipping from Odesa, threatening to trap millions of tonnes of grain during Ukraine's harvest season.
TASS cited Putin as saying of those measures: "Of course, this is nothing short of piracy and banditry. And if this is actually put into practice, we will be forced to respond in kind."
Ukraine agreed not to target CPC infrastructure or non-Russian vessels as long as the latter were not under Ukrainian sanctions and were not carrying Russian oil or cargo, FT reported
Costa Rican arbitrator and former trade minister Dyalá Jimenez, who was jointly selected by both sides, will lead the three-member tribunal
It's the first time Moscow has imported the motor fuel from the South Asian nation, according to Kpler data, with the lengthy journey required an indication of how dire the crunch is becoming
Russia attacked Ukrainian cities with missiles, drones and glide bombs Tuesday, killing at least 10 civilians, officials said, as President Volodymyr Zelenskyy said Moscow is getting new military help from North Korea for its more than 4-year-old invasion. Zelenskyy said Russian forces used ballistic missiles supplied by North Korea in an overnight attack on the southeastern city of Zaporizhzhia, where officials said seven people were killed and 24 wounded. Three more people, including a 15-year-old boy, were killed by Russian drones and artillery in the central Dnipropetrovsk region, authorities said. In addition to the ballistic missiles, North Korea is preparing to deploy more of its troops to Russia, Zelenskyy said late Monday. Russian President Vladimir Putin and North Korean leader Kim Jong Un signed a strategic partnership agreement in 2024, pledging mutual aid if either country faces aggression. Kim has sent thousands of troops and huge supplies of weapons to support Putin
A Ukrainian drone attack on the Russian city of Nizhnekamsk killed at least 13 people, including a child and eight Central Asian nationals, while 39 others were wounded.