Russia becomes world’s fourth-biggest LNG producer, says PM
MOSCOW, RUSSIA – Prime Minister Mikhail Mishustin said the country became the world’s fourth-biggest LNG producer last year.The Russian Prime Minister said this in an annual report at the State Duma (lower house of the parliament), TASS reported.“Energy is adjusting gradually as well. A serious adjustment of logistics was required...
World Bank urges support for poor as food prices soar
Developing and import-dependent countries have been heavily impacted by Russia's invasion of Ukraine -- the two countries that account for more than a quarter of the world's annual wheat sales.Moscow gas threat as NATO warns Russians ‘regrouping’ in Ukraine
Russia threatened Thursday to turn off its gas taps to Europe if the continent fails to pay in rubles, opening up a new front amid its war in Ukraine, where NATO and Kyiv warned that Russian troops were regrouping for new attacks. Over a month into Russia's invasion of its...OPEC+ sticks to modest oil output increase despite Western pressure
The 13 members of the Saudi-led OPEC and 10 countries spearheaded by Russia backed an increase of 432,000 barrels per day in May, marginally higher than in previous months.Saudi deposits $5bn in Egypt, plans to invest double: State media
The Egyptian and Saudi governments have signed a draft agreement for Saudi investments in the country totaling a projected $10 billion, according to a statement by the Egyptian cabinet.Russia says will scale down Kyiv offensive; Ukraine, West sckeptical
Vladimir Putin’s pledge to scale down military activity was met with skepticism in Ukraine and Western capitals, with the Pentagon saying Moscow had merely repositioned a ‘small number’ of forces near Kyiv, but could be preparing a ‘major offensive’ elsewhere.Muslims face frugal Ramadan as Ukraine war drives up food prices
Russia's Ukraine invasion, which has already exacerbated food woes in parts of Africa and the Middle East, is marring preparations for the holy month of Ramadan and forcing a turn to frugal iftar sunset meals. From Lebanon to Tunisia and Somalia, Muslims who traditionally break a dawn-to-dusk fast with lavish...Palestine wants Russia-Ukraine war to stop: Minister
Hard-pressed to prop up the economy and stem steep price hikes if the Ukraine war continues, Khaled Osaily, Economy Minister of the Palestinian Authority, is praying for peace.Saudi minister says oil volatility would be worse without OPEC+
Volatility on oil markets sparked by Russia's invasion of Ukraine would be worse without OPEC+, the Saudi energy minister said on Tuesday, insisting the alliance that includes Russia deserves credit.Social media’s rocky ride through conflict zones
Activists in Arab Spring countries now lament how the platforms they once lauded have been retooled to serve the powerful. In Burma, people recount how Facebook was used to incite violence against minorities.KSA launches global campaign for its bid to host Expo 2030 Riyadh
Five countries, including Saudi Arabia, South Korea, Italy, Ukraine and Russia are in the reckoning for the 2030 World Expo.Ukraine retakes Kyiv suburb, as negotiations for peace resume
Ukrainian troops "liberated" the suburban town of Irpin, Interior Minister Denys Monastyrsky said, wresting a key gateway to the capital's northwest from Russian control, even as its negotiators prepared to meet Russian counterparts for face-to-face talks in Istanbul on Tuesday.Abbas slams West’s ‘double standards’ on Ukraine, Palestinians
Blinken held talks with Abbas on the first full day of a trip that includes a meeting with the foreign ministers of Israel and four Arab countries.French FM says world powers must ‘keep talking’ with Putin
International powers must keep talking with Russia's President Vladimir Putin until he is ready to end his invasion of Ukraine, France's Foreign Minister Jean-Yves Le Drian said Sunday.How Ukraine war left China’s ‘Nickel King’ on hook for billions
The nickel market is dominated by a handful of players, including Tsingshan, founded by Xiang Guangda.Russians can do business in Turkey, says minister
Turkey’s Foreign Minister Mevlut Cavusoglu has said Russia's oligarchs can continue to do business in his country so long as they respect national and international law.US steps up pressure as Russia continues Ukraine attack
In an impassioned speech from the Royal Castle in Warsaw, delivered after meeting top Ukrainian ministers in Poland and earlier conferring with NATO and EU allies on the conflict, US President Joe Biden plainly warned Russia: ‘Don't even think about moving on one single inch of NATO territory.’EU foreign policy chief sees Iran nuclear deal in days
EU foreign policy chief Josep Borrell said Saturday that a new deal on Iran's nuclear program would be sealed within days.US indicts 4 Russians who targeted energy sector, including Saudi facility
The Russian hackers tried their exploits on thousands of computers at hundreds of companies in 135 countries between 2012 and 2018, which included energy-sector targets such as a US nuclear power operator and a Saudi petrochemical facility, the US Justice Department has said.US announces new sanctions after North Korea ICBM test
The targeted persons and organizations are accused of “transferring sensitive items to North Korea’s missile program,” the State Department said in a statement.UN to again ‘demand’ Russia ‘immediately’ end war in Ukraine
The vote comes after 141 countries approved a previous non-binding resolution on March 2 that similarly demanded that Russia immediately cease the use of force against Ukraine. In that vote, five states, including Russia, voted against and 35 abstained.Biden heads to Europe to bolster West’s unity, toughen Russia sanctions
President Joe Biden leaves Wednesday for Europe on a mission to bolster Western unity, ramp up unprecedented sanctions against Russia over its invasion of Ukraine and attempt to upset the post-Cold War balance of power. The conflict with Russian President Vladimir Putin is redefining Biden's 14-month old presidency as he...Japan presses UAE to pump more oil as Ukraine war spikes prices
The plea by Japan's Foreign Minister Yoshimasa Hayashi came during meetings with Emirati officials which coincided with a visit by Germany's economy minister.Gulf treads humanitarian path on Ukraine crisis
Most Gulf Cooperation Council countries took no maximalist position on the conflict and stressed on a diplomatic approach for its resolution.UAE paves way for the return of Bashar al-Assad to Arab fold
A surprise visit by Syria's Bashar al-Assad to the oil-rich United Arab Emirates opens the door to his isolated regime's return to the embrace of the Arab world, analysts say. The president's trip also showed that a more assertive UAE is willing to upset its ally Washington with a rapprochement...Ukraine urges China to condemn Russia attack
Russia's claim on Saturday to have unleashed its new hypersonic Kinzhal missile would mark a new escalation of its campaign to force Ukraine to abandon hopes of closer ties with the West, even as Volodymyr Zelensky urged Vladimir Putin for presidential-level talks.GCC airfares soar as oil prices rise
The amplifying factors include sanctions against Russia’s aviation sector, which cast a global pall over the aviation industry.Ukraine offers dialog as Russia continues urban attacks
Ukraine's leader Volodymyr Zelensky made a fresh appeal for talks with Moscow on Saturday, even as the two sides have been already holding negotiations remotely. But so far, as in previous rounds, the talks have yielded little progress, with both sides blaming the other.Russian wheat flour supply to Palestine to resume
The Palestinian Authority is already engaged in ongoing national efforts to diversify international markets that supply Palestine with basic commodities.India bypasses Western attempt to choke off Russian oil supply
Indian government officials on Friday defended the continued buying of Russian oil, saying European countries were still purchasing hydrocarbons from Moscow and that high crude prices left New Delhi with little choice.Postmen deliver the goods on Ukraine’s home front
The Nova Poshta courier company in Lviv handled millions of parcels before the war. Now, most of the 100,000 daily parcels are food, medicine and clothing.UAE foreign affairs minister stresses peaceful resolution of Ukraine conflict
The ministers of UAE and Russia discussed cooperation between the two countries and ways to enhance the bilateral strategic partnership in various fields. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met today with Sergey Lavrov, Minister of Foreign Affairs of the Russian Federation, in...US Fed raises interest rate in battle against high inflation
Markets are expecting a total of seven rate hikes this year, and while the US Federal Reserve’s Open Market Committee typically moves in quarter-point steps, Fed Chair Jerome Powell has said it could be more aggressive if needed.IEA cuts oil demand outlook, fears Russia supply ‘shock’
The International Energy Agency cut its world oil demand forecast for 2022 on Wednesday, warning that sanctions against Russia over its invasion of Ukraine could spark a global supply "shock". "Faced with what could turn into the biggest supply crisis in decades, global energy markets are at a crossroads," the...Slovakia approves NATO deployment on Ukraine’s doorstep
Ninety-six out of 134 lawmakers present voted in favour of the move on Tuesday, while 15 voted against. .German WWII ghosts loom large in Ukraine crisis
World War II still looms large in Germans' living memory and public discourse, shaping the perception of the Ukraine invasion.‘The enemy is the same, the goal same’: Syrian protestors at pro-Ukraine rally
Moscow is currently recruiting thousands of fighters in Syria, from the regular army and from militia groups, to be put on standby for possible deployment in Ukraine.Russia drafts thousands in Syria to fight in Ukraine war
Russia has drawn up lists of 40,000 fighters from Syrian army and allied militia ranks to be put on standby for deployment in Ukraine, a war monitor reported Tuesday.Deadly strikes rock Ukraine despite talks with Russia
With Russia threatening to take ‘full control’ of several major cities in Ukraine, the fourth round of talks failed to deliver a breakthrough on the 19th day of the invasion, even as the US tried to talk down China from helping its neighbor.Iran’s FM to hold talks on nuclear deal in Moscow Tuesday: Official
Ten months of talks in Vienna have brought major powers close to renewing a landmark 2015 agreement on regulating Iran's nuclear program. But the negotiations were halted again after Russia demanded guarantees that Western sanctions imposed following its invasion of Ukraine would not damage its trade with Iran.Instagram no longer accessible in Russia
The move comes after Facebook and Twitter were blocked in early March as part of sweeping efforts by Moscow to control information available to Russians.Russia and Ukraine to hold talks as troops edge closer to Kyiv
Russia and Ukraine were set for a new round of talks Monday as Moscow's invading forces maintain their devastating assaults across the former Soviet state. The discussions come as Russian troops edge closer to Kyiv and keep up their relentless bombardment of the besieged southern port city of Mariupol, where...UK PM may visit Saudi Arabia to lobby for uptick in oil output
Britain on Sunday defended lobbying Saudi Arabia to up its oil output as energy sanctions on Russia hit Western consumers, after the Gulf kingdom executed a record number of prisoners.Rising food prices shake North Africa as Ukraine war rages
Tunisia, Morocco, and Libya, along with several other Arab countries, import much of their wheat from Ukraine and Russia.Qatar may dislodge Russia to be Germany’s energy supplier
In order to lower its dependence on Russian oil and gas, Germany is looking toward Qatar to fulfill its energy needs.Weekly loss for UAE markets, amid contrast for TASI
Oil prices rose by more than 20 percent this week, due to ongoing concerns about supply disruptions and Russian output.Ukraine war to ‘deeply destabilise’ food supply in Europe, Africa: Macron
“Europe and also Africa will be very deeply destabilised as regards food because of what can’t be planted right now in Ukraine,“ Macron told reporters.UN dismisses Russia claim of Ukraine-US bioweapons
Russia called a meeting of the 15-member Security Council to repeat its previously made, unsubstantiated claims that Ukraine, with US help, had operated a network of 30 laboratories carrying out ‘very dangerous biological experiments’ aimed at spreading ‘viral pathogens’ from bats to people.Saudi World Defence Show sees tensions between Russia, Ukraine
Maxim Potemkov, sales director of one of the exhibiting Ukrainian companies, said there was a wall of silence between the two sides.Facebook allows calls for violence against ‘Russian invaders’
Facebook has temporarily eased its policy on violent speech after Moscow's invasion of Ukraine, allowing statements like "death to Russian invaders" but not credible threats against civilians, the tech giant said Thursday. Moscow's internationally condemned attack on its neighbor has provoked unprecedented sanctions from Western governments and businesses, but also...IMF expects to cut global growth forecast due to Ukraine war
The IMF in January cut the global growth forecast for 2022 to 4.4 percent due to the Omicron variant of Covid-19, after worldwide GDP rose 5.9 percent last year.


















































