Iran Agrees to Stop Producing Near Bomb-Grade Uranium: IAEA

Iran Agrees to Stop Producing Near Bomb-Grade Uranium: IAEA

Iran has agreed to stop producing uranium enriched close to the level required for nuclear weapons, a sign the Islamic Republic may be ready to resolve a standoff with the West over its atomic activities. Monitors from the International Atomic Energy Agency said Tuesday that Iran has begun implementing measures “aimed at stopping the increase of …

Kremlin: Putin ready for negotiations on Ukraine

Kremlin: Putin ready for negotiations on Ukraine

Kremlin may be open to freeze current front line, Reuters says Zelenskiy earlier said his country won’t concede on territory Kremlin spokesperson Dmitry Peskov ensured on Wednesday that Russian President Vladimir Putin is ready to restart negotiations on the Ukrainian conflict with international leaders, including United States President-elect Donald Trump. “The president has indeed repeatedly …

Ukraine strikes inside Russia with ATACMS missiles for first time

Ukraine strikes inside Russia with ATACMS missiles for first time

  Ukraine has used US-supplied ATACMS ballistic missiles to strike Russian territory for the first time, RBC-Ukraine reported on Tuesday. The successful attack, as reported by RBS-Ukraine, comes after the Kremlin issued a warning against Ukraine and its allies not to use the system, which the Kremlin regards as a major threat. In that context, …

Oil Prices Dip After Initial Surge on Oilfield Outage

Oil Prices Dip After Initial Surge on Oilfield Outage

Crude oil prices added over $2 per barrel on Monday on the news about a production halt at Norway’s Johan Sverdrup field due to an onshore power outage but earlier today the momentum began to slow down with traders refocusing on fundamentals. Despite that dip, the market will be carefully watching developments between Russia and Ukraine. …

Poland’s Duda Says Scholz Undermining Trump Push to End War…… Kremlin: Nuclear response to Ukraine using Western weapons possible

Poland’s Duda Says Scholz Undermining Trump Push to End War…… Kremlin: Nuclear response to Ukraine using Western weapons possible

Duda warned Trump in call of Germany’s Kremlin dealmaking Polish president takes aim at Scholz’s phone call with Putin Poland’s head of state accused Chancellor Olaf Scholz of trying to cut Donald Trump out of talks over the future of Ukraine in a bid to revive Germany’s own relations with Russia. Scholz drew criticism from the …

Oil prices up 1.7% amid geopolitical tensions

Oil prices up 1.7% amid geopolitical tensions

Crude oil futures increased by over 1.7% on Monday as supply disruptions and geopolitical conflicts exerted upward pressure on oil markets. The uptick comes in the wake of Russia’s latest “massive combined attack” targeting all regions in Ukraine during the weekend, marking its biggest air strike in nearly three months. Further, The New York Times reported yesterday …

Kremlin: Outgoing US admin aims to escalate Ukraine crisis

Kremlin: Outgoing US admin aims to escalate Ukraine crisis

Kremlin spokesperson Dmitry Peskov on Monday commented on previous reports on United States President Joe Biden’s decision to allow Ukraine to use long-range weapons to strike deep into Russian territory and claimed that the outgoing US administration wants to escalate the conflict between Moscow and Kiev. “If such a decision has indeed been formulated and communicated to …

Trump Picks Oil Executive as Head of the Department of Energy

Trump Picks Oil Executive as Head of the Department of Energy

Chris Wright, chief executive of Liberty Energy, has been nominated to lead the Department of Energy in the Trump administration. Wright is a vocal critic of the energy transition as envisaged by most Western governments to date, instead calling for energy realism and prioritizing the supply security and affordability of energy rather than its emission …

Russia pounds Ukraine’s power grid in ‘massive’ air strike

Russia pounds Ukraine’s power grid in ‘massive’ air strike

Russia stages first big missile attack on Kyiv since August Power system damaged further as winter sets in Strike piles pressure on Ukraine at critical juncture Attack prompts Poland to scramble air force KYIV, Nov 17 (Reuters) – Russia unleashed its largest air strike on Ukraine in almost three months on Sunday, launching 120 missiles …

Biden authorizes Ukraine to use US-supplied longer range missiles for deeper strikes inside Russia

Biden authorizes Ukraine to use US-supplied longer range missiles for deeper strikes inside Russia

President Joe Biden has authorized Ukraine to use U.S.-supplied missiles to strike deeper inside Russia, easing limitations on the longer range weapons as Russia deploys thousands of North Korean troops to reinforce its war, according to a U.S. official and three other people familiar with the matter. The decision allowing Kyiv to use the Army Tactical Missile System, …