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After its 2022 exit, Exxon is exploring a return to Russia's Sakhalin-1 project. The firm has been in talks with Russian energy major Rosneft, as Putin signals openness during Alaska summit
Trump's comments came in response to a question about whether there was a timeline for Putin to agree to bilateral talks with Zelenskyy before the US president would impose threatened sanctions
Oil's rally on Monday was primarily driven by supply risks after Ukraine strikes on Russian energy infrastructure and the possibility of further US sanctions on Russian oil
Asian shares fell across the board Tuesday, taking their cue from a broad decline on Wall Street that reversed some of the big gains notched last week on hopes for interest rate cuts from the Federal Reserve. Japan's benchmark Nikkei 225 dove 1.1 per cent in morning trading to 42,342.28. Australia's S&P/ASX 200 declined 0.3 per cent to 8,949.40. South Korea's Kospi lost 0.8 per cent to 3,184.70 after data showed improved consumer sentiment, strengthening expectations that the central bank won't move on interest rates. Hong Kong's Hang Seng shed 0.2 per cent to 25,766.68, while the Shanghai Composite slipped 0.1 per cent to 3,878.24. On Wall Street, the S&P 500 fell 0.4 per cent Monday, but remains near its all-time high. The Dow Jones Industrial Average closed 0.8 per cent lower after setting a record high on Friday. The Nasdaq composite closed 0.2 per cent lower. Selling was widespread, with health care stocks among the biggest drags on the market. Pfizer fell 2.9 per cent ...
Trump said that his decision is dependent on what happens in the next two weeks and pushed for a meeting between Russian President Vladimir Putin and his Ukrainian counterpart Zelenskyy
Brent crude futures fell 16 cents, or 0.23 per cent, to $68.64 per barrel at 0005 GMT, while West Texas Intermediate (WTI) crude futures also lost 16 cents, or 0.25 per cent, to $64.64
Russia accused Ukraine on Sunday of launching drone attacks that sparked a fire at a nuclear power plant in its western Kursk region overnight, as Ukraine celebrated 34 years since its independence. Russian officials said several power and energy facilities were targeted in the overnight strikes. The fire at the nuclear facility was quickly extinguished with no injuries reported, according to the plant's press service on Telegram. While the attack damaged a transformer, radiation levels remained within normal ranges. The United Nations' nuclear watchdog said it was aware of media reports that a transformer at the plants had caught fire due to military activity, but hadn't received independent confirmation. It said its director-general, Rafael Mariano Grossi, said that every nuclear facility must be protected at all times. Ukraine did not immediately comment on the alleged attack. Firefighters also responded to a blaze at the port of Ust-Luga in Russia's Leningrad region, home to a
Today's Opinion Page looks at the RBI's recent discussion paper on inflation targeting, OpenAI's plans for India, the role of institutions in growth, and the recent GST rate cuts boost to growth
Vice President J D Vance on Sunday said President Donald Trump has applied aggressive economic leverage such as secondary tariffs on India to force Russia to stop bombing Ukraine. Vance was speaking during an exclusive interview on NBC News' Meet the Press when he also said the step would make it harder for the Russians to get rich from their oil economy. The Trump administration has been highly critical of India for its procurement of discounted crude oil from Russia. Interestingly, Washington has not been criticising China, the largest importer of Russian crude oil. India has been maintaining that its energy procurement, including from Russia, is driven by national interest and market dynamics. Vance remained confident the US can broker an end to the war between Russia and Ukraine despite potential hang-ups that have emerged since President Trump's meeting this month with Russian President Vladimir Putin, NBC News said. We believe we've already seen some significant concessions
Strong Roots is its own kind of dam, against the rushing anguish of war and generational trauma
Russia's defence ministry said at least 95 Ukrainian drones had been intercepted across more than a dozen Russian regions on August 24
Oleksandr Donii was one of the leaders of student-led protests for sovereignty and political reform in 1990 that preceded Ukraine's declaration of independence. He remembers thinking the fight for autonomy would take decades. Instead, it came much sooner than he ever imagined. When the Soviet Union collapsed, Ukraine quickly declared independence in 1991 and later conducted a referendum backed by more than 90 per cent of voters. I was preparing myself for prisons and labour camps, and I thought the struggle would last about 2030 years, Donii told The Associated Press. Moscow's grip endured after independence As the country marks 34 years since that monumental event Sunday, Donii and others from Ukraine's first generation of lawmakers and activists describe how despite separation from the Soviet Union, Moscow's grip endured. Russia used political pressure, social division and the sidelining of pro-Western voices. That eventually paved the way for the full-scale invasion of Ukraine .
A combat unmanned aerial vehicle (UAV) belonging to the Armed Forces of Ukraine was shot down by air defence systems near the Kursk Nuclear Power Plant
Lithuania last month accused Russia of orchestrating a spike in GPS jamming, causing a 22-fold increase in such incidents since the previous year
Russian President Vladimir Putin on Friday voiced optimism about Russia-US ties, saying there was light at the end of the tunnel in relations that have hit their lowest point in years, as the two sides explore cooperation on projects in the Arctic and Alaska. "As for our relations with the United States, they are at an extremely low level. I have said this many times. "However, there is a light at the end of the tunnel now that President (Donald) Trump has come to power, Putin said in televised remarks during a meeting with nuclear industry workers in the town of Sarov, the birthplace of the Soviet atomic programme. Relations between Moscow and Washington have sharply deteriorated over issues ranging from the Ukraine conflict, NATO's eastward expansion, and sanctions against Russia. Putin said Russia and the US are discussing the possibility of working together in the Arctic and Alaska. We are discussing with our American partners the possibility of working together in this field,
Trump said that his decision is dependent on what happens in the next two weeks and pushed for a meeting between Russian President Vladimir Putin and his Ukrainian counterpart Volodymyr Zelenskyy
Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India
Russian Foreign Minister Sergey Lavrov's statement comes almost a week after Putin's meeting with US President Donald Trump in Alaska to discuss measures to end the long-running Russia-Ukraine war
Russian President Vladimir Putin wants Ukraine to quit Donbas, drop Nato plans and bar Western troops; in June 2024, he demanded Kyiv give up four regions, terms Ukraine called surrender
Indian Rupee today: The domestic currency opened 8 lower at 87.35 against the dollar on Friday, according to Bloomberg.