Russia’s Lavrov visits Beijing to discuss Ukraine
Russian Foreign Minister Sergei Lavrov met Sunday in Beijing with his Chinese counterpart to discuss Ukraine and relations with the United States.
US tells oil majors it needs more supply
The surge in energy costs is a consequence of Russia's invasion of Ukraine, which prompted Washington and its European allies to impose tough sanctions on Moscow, including a US ban on Russian oil imports that was announced by President Joe Biden on Tuesday.UAE says will urge OPEC to boost oil output
Brent had spiked to $139 on Monday — about $8 short of an all-time record — in expectation of the US embargo on Russian oil and gas.How Russian ‘safe corridors’ worked in bitter Syria war
Russia's offer of "humanitarian corridors" for civilians to flee the Ukrainian cities it has besieged is a well-tried approach Moscow adopted during Syria's devastating civil war.Protests rock Iraq’s southern area as food prices surge
Protests erupted Wednesday in Iraq's impoverished south over a rise in food prices that officials attributed to the conflict in Ukraine. For about a week, the price of cooking oils and flour have skyrocketed in local markets as government officials have sought to address growing anger with various statements and...France says ‘worried’ about ‘delays’ to Iran nuclear deal
France warned Tuesday that further delays could stymie a revived nuclear agreement between world powers and Iran, with the West at loggerheads with Russia over its invasion of Ukraine, while Washington said it would cede nothing to Moscow. Russian Foreign Minister Sergei Lavrov has demanded written assurances from Washington that...Israel gives financial guarantees for its flights to Russia
Israel was poised Tuesday to extend financial guarantees for its airlines to fly into Russia, raising criticism in Kyiv as most Western airlines boycott Russia over its invasion of Ukraine.Russia to open Ukraine ‘humanitarian routes’, but fears persist
Russia planned to open humanitarian corridors in Ukraine Tuesday for civilians to flee besieged cities, but Kyiv insisted the move was a publicity stunt and people would not be able to escape. Moscow's offer to evacuate residents was condemned because most of the routes led into Russia or its ally...IAEA reports second Ukraine nuclear facility damaged
The International Atomic Energy Agency said Monday (Mar 7) it has received reports of artillery shells damaging a nuclear research facility in Ukraine's besieged second city Kharkiv, but there was no "radiological consequence". The Vienna-based UN body said Ukrainian authorities reported an attack took place on Sunday, adding that no...Israeli town welcomes fleeing Ukrainian Jews
Interior minister Ayelet Shaked estimated Sunday that about 15,000 Ukrainians could reach Israel by the end of March.UAE dispatches 30 tonne of aid to war-torn Ukraine
The United Arab Emirates said it flew 30 tonnes of aid and medical supplies to Poland for transportation to war-torn Ukraine Monday, to help relieve the "deteriorating humanitarian situation" after Russia's invasion.Bahrain pledges $1 million as aid for refugees fleeing Ukraine
UN Secretary-General Antonio Guterres had called for resources to meet the increasing humanitarian needs in Ukraine.Remittances: Ukraine flows may rise by 8 percent, Central Asian countries hit
Remittances to Ukraine, which were around 12 percent of its GDP and nearly three times the size of foreign direct investment in 2021, will increase by 8 percent in 2022 despite the ongoing conflict, according to a report by Global Knowledge Partnership on Migration and Development (KNOMAD). The remittance flows...Blinken says new Russia demands on Iran nuclear deal ‘irrelevant’
US Secretary of State Antony Blinken on Sunday dismissed as "irrelevant" Russian demands for guarantees that new sanctions linked to Ukraine will not affect Moscow's rights under a reworked Iran nuclear deal. With the parties to the Iran agreement, which the US abandoned in 2018, now seemingly close to a...Brent crude nears $140 per barrel, headed towards all-time high
Brent North Sea crude oil for May delivery reached $139.13 shortly after electronic trading opened around 2300 GMT on Sunday.Ukraine is Europe’s ‘fastest growing refugee’ crisis since World War II
UN officials said they expected the wave of refugees to intensify further as the Russian army pressed its offensive, particularly toward the Ukrainian capital Kyiv. Since Russia invaded on February 24, a total of 922,400 people have fled Ukraine to Poland. Hungary, Moldova, Romanian and Slovakia have also seen Ukrainian...Italy, Qatar discuss cooperation in energy sector amid Ukraine crisis
Italy and Qatar discussed greater cooperation in the energy field in light of the Russia-Ukraine conflict, in a meeting at Doha on Sunday. Italian Foreign Minister Luigi Di Maio and his Qatari counterpart Mohammad bin Abdelrahman Al-Thani represented their countries in the meeting. Saudi media reports said that “bilateral and...Ukraine crisis threatens Arab wheat supplies
A look at the Arab countries that are dependent on wheat imports from Ukraine and Russia.Israel PM to press on with Ukraine talks, even if chances ‘not great’
Israel's premier said Sunday his country had a "moral obligation" to help stem fighting in Ukraine even if chances of success were "not great", after shuttle diplomacy that saw him visit the Kremlin.Ukraine dominates social media info war with Russia
People from Ukraine have posted videos showing the success of their forces, and they have become viral.Israel PM meets Putin on Ukraine in ‘risky’ diplomatic move
Israeli Prime Minister Naftali Bennett's sit-down with Russian President Vladimir Putin was the first by a foreign leader since the day Russian forces invaded Ukraine last week, and came after Kyiv had asked Israel to launch a dialogue with Moscow.Hermes, Chanel, Louis Vuitton pause business in Russia over Ukraine war
Hermes group runs three stores in Russia, including one in the Gum department store on Red Square, and employs 60 people in the country.UN food agency warns of global hunger due to Ukraine war
The United Nations’ World Food Programme warned Friday about a looming food crisis in Ukraine in conflict areas, while disruptions in production and exports could lead to food insecurity globally. “In a year when the world is already facing an unprecedented level of hunger, it’s just tragic to see hunger...Russia attack on Ukraine nuclear plant draws global ire
With fears growing of nuclear conflict, the US and Russian armed forces have set up a new direct phone line to reduce the risks of ‘miscalculation’. But Vladimir Putin has been unmoved as Russia has become an economic, sporting, and cultural pariah.How did Saudi Arabia ensure food security?
The country has been able to overcome the hurdles that stood in the way of achieving food security by implementing comprehensive strategies and plans.Gas prices soar to record highs as Ukraine crisis stokes supply fears
Europe and UK gas prices hit record highs Friday and crude oil rallied, as Ukraine's invasion by key producer Russia continued to stoke supply fears. Europe reference Dutch TTF gas price struck 213.895 euros per megawatt hour in afternoon deals and UK gas hit 508.80 pence per therm. "There is...Russia sanctions pile on helium industry woes
Helium is used in the manufacturing of semiconductors, and its shortage is expected to exacerbate the paucity of computer chips.China-backed bank halts lending to Russia, Belarus
In a statement issued Thursday, the AIIB said that "in the best interests of the bank, management has decided that all activities relating to Russia and Belarus are on hold.US lawmakers seek to halt Russian oil imports
US president Joe Biden on Wednesday said he had not ruled out halting imports of Russian oil.Saudi Arabia offers to mediate between Russia and Ukraine
Prince Mohammed bin Salman called for a "political solution" after the Russian invasion and also reiterated his support for the OPEC+ group of oil producers.France says worst yet to come in Russia-Ukraine conflict
France on Thursday expressed fear that the worst phase of Russia's war on Ukraine could be yet to start, with key Ukrainian cities at risk of encirclement by Russian forces.UAE and US are facing a stress test: Ambassador Yousef al-Otaiba
The UAE and the US are facing a "stress test" in their relationship, a senior Emirati diplomat said Thursday, as Russia's war in Ukraine strains ties. The wealthy Gulf state hosts US troops and has been a strategic partner to Washington for decades.UN General Assembly demands Russia withdraw from Ukraine
The UN General Assembly on Wednesday overwhelmingly adopted a resolution that "demands" Russia "immediately" withdraw from Ukraine, in a powerful rebuke of Moscow's invasion by a vast majority of the world's nations. After more than two days of extraordinary debate, which saw the Ukrainian ambassador accuse Russia of genocide, 141...Turkish drones make waves in Russia-Ukraine war
Kyiv has around 20 Bayraktar TB2 drones, built by the Turkish military. Relatively cheap and effective, President Recep Tayyip Erdogan has been their number one salesman, securing deals with around 15 countries around the world.UAE makes $5m donation to UN’s Humanitarian Plan for Ukraine
The United Arab Emirates has offered $5 million in assistance to Ukraine to tide over problems suffered by civilians in the ongoing conflict.Aramco shares hit record high on the back of high oil prices
Saudi energy giant Aramco's shares rose to a record high on Wednesday amid a surge in global oil prices following Russia's invasion of Ukraine. The Gulf kingdom -- the world's top crude exporter -- has remained the firm's majority shareholder since a December 11, 2019 listing.Biden says US will contribute half of 60 mn emergency oil barrel release
The United States will contribute half of the 60 million barrels of oil International Energy Agency (IEA) countries agreed to release Tuesday to stabilize global markets after Russia's invasion of Ukraine, President Joe Biden said. "I can announce the United States has worked with 30 other countries to release 60...Treat Turkey like Ukraine: Erdogan tells EU
"Show Turkey the same sensitivity that we are witnessing towards Ukraine," Erdogan said at a press conference in Ankara.Israelis, Arabs, Iranians in harrowing exodus from Ukraine
More than 10,000 Arab students have also attended university in Ukraine, drawn to the former Soviet republic by its low cost of living.Biden slams ‘dictator’ Putin and his war in Ukraine
US President Joe Biden on Tuesday branded his Russian counterpart Vladimir Putin a "dictator" facing withering economic and diplomatic isolation for invading neighboring Ukraine, and warned the world is in a "battle" between democracy and autocracy. The US president praised the Ukrainian "wall of strength" that has stood tall against...Brent oil breaks $110 a barrel, WTI up 5% on Ukraine conflict
Brent crude broke above $110 a barrel on Wednesday and WTI was up more than five percent as Russia's invasion of Ukraine continued to fan fears over supplies of the crucial commodity from the resource-rich region. Russia is the world's third-biggest oil producer.Cryptocurrencies: Proof-of-work spared for now
Due to growing environmental consequences, even though proof-of-work was spared in the EU for now, it is simply too fragile to operate harmlessly through an ever-changing regulatory environment and the ascending intention to be sustainable from regulators, users, and developers across the globe, he adds.Arabs decry ‘racist’ double standard in Ukraine media commentary
Arabs noted that while the toll of war may be similar in the respective conflicts, the media treatment is not. Many also drew a comparison between Europe's welcoming of Ukrainian refugees and the influx of Syrians, Iraqis and Afghans.Shell to sell stakes In Gazprom
Action followed after Russia's invasion of Ukraine.Italy looks to Algeria to cover possible gas shortage
Italy imports around 95 percent of the gas it uses, and around 45 percent of that comes from Russia.Ukraine: Trudeau announces Canada ban on Russian oil imports
“Today, we are announcing a ban on all imports of crude oil from Russia, an industry that has benefited President Putin and his oligarchs greatly,” Trudeau told a news conference.Tech giants clamp down on Russia state-linked news
Facebook's parent Meta said it would be restricting access in the European Union to RT and Sputnik.Arab League plays safe, calls for diplomatic solution in Ukraine
The Arab League on Monday expressed its worry over Russia's invasion of Ukraine and called for a "diplomatic solution," as the regional bloc's members grapple with conflicting loyalties.Oil and safe havens rally, ruble sinks on Russia sanctions
Oil prices and safe havens surged Monday while the ruble plunged after world powers imposed fresh sanctions on Russia over its invasion of Ukraine.Russia on nuclear alert as Ukraine fiercely resists invasion
President Vladimir Putin ordered on Sunday Russia's nuclear forces onto high alert in response to what he called ‘unfriendly’ steps by the West. Russia has the world's largest arsenal of nuclear weapons and a huge cache of ballistic missiles. The United States, the world's second-largest nuclear power, slammed the order.Turkey recognises Russia-Ukraine ‘war’, may block warships
If needed, Turkey will apply the Montreux agreement which governs the free movement of commercial ships through the Bosphorus and the Dardanelles straits.