(WASHINGTON, USA) – Central banks across the Group of Seven nations are preparing for a series of interest rate decisions this week as oil prices approach $100 per barrel, intensifying inflationary risks that could force policymakers to signal a return to rate increases by the autumn. Brent crude currently tradesContinue Reading
(KYIV, UKRAINE) – Global grain prices face a renewed threat from deliberate Russian attacks on Ukrainian agricultural enterprises and port infrastructure, President Volodymyr Zelensky has warned, drawing a direct link between the strikes on food production facilities and the risk of a fresh world food crisis. Zelensky said in hisContinue Reading
(BAGHDAD, IRAQ) – Iraq plans to build oil pipelines across Syrian territory to the Mediterranean Sea, opening a new export route for Iraqi crude to world markets as the government presses ahead with a broader programme of energy infrastructure development. The Iraqi cabinet authorised the director general of Basra OilContinue Reading
(LONDON, UK) – Europe may fail to reach its target of filling gas storage facilities to at least 80 percent before the winter heating season, as competition with Asian buyers for liquefied natural gas cargoes intensifies and Russian pipeline supplies remain cut off, the head of Norwegian energy company EquinorContinue Reading
(TEHRAN, IRAN) – Iran has sold crude oil worth $18 billion since the beginning of its conflict with the United States, securing more than 60 percent of the annual budgeted oil revenue even during the most intense period of hostilities, Oil Minister Mohsen Paknejad said. Paknejad told Al Jazeera thatContinue Reading
(MOSCOW, RUSSIA) – Russia will extend its ban on petrol exports until the end of the year as the country grapples with a fuel crisis triggered by damage to several refineries from drone strikes, Deputy Prime Minister Alexander Novak said. The decision, taken at a meeting of the relevant governmentContinue Reading
(KYIV, UKRAINE) – The Ukrainian government is working with international partners on a package of measures to protect export logistics as daily Russian attacks on critical infrastructure threaten to disrupt transport links and weaken the country’s economic stability. President Volodymyr Zelensky said separately that the state is updating its grainContinue Reading
(GENEVA, SWITZERLAND) – Ukraine has called on the World Trade Organization to help restore safe shipping in the Black Sea, warning that Russian attacks on port infrastructure and foreign civilian vessels carrying Ukrainian farm products pose a serious threat to the global trading system and food price stability. Ukraine’s PermanentContinue Reading
(LONDON, UK) – British consumer goods company Reckitt Benckiser has agreed to sell its Russian hygiene business to local manufacturer Arnest Management, pressing ahead with plans to reduce its presence in Russia first announced in 2022. The sale covers a production facility in Moscow, intellectual property rights for local brandsContinue Reading
(KYIV, UKRAINE) – Ukrainian officials and their family members declared cryptocurrency holdings worth nearly 839 million hryvnias, equivalent to approximately $20.5 million (around £16.1 million or €18.8 million), in their 2025 asset declarations, with the most valuable crypto assets reported by officials based in the capital. The National Agency onContinue Reading
