Oil prices jump over $4 as EU considers Russian oil ban

Oil prices jump over $4 as EU considers Russian oil ban

EU nations and U.S. President Biden set to hold talks Saudi refinery attack adds to market jitters Some OPEC+ producers still falling short of quotas LONDON, March 21 (Reuters) – Oil prices jumped by more than $4 on Monday, with Brent crude climbing above $111 a barrel, as European Union nations considered joining the United …

Ukraine Update: Russia Claims Second Use of Hypersonic Missile

Ukraine Update: Russia Claims Second Use of Hypersonic Missile

https://youtu.be/5C1EnhVP7g4 Russia says it has launched a hypersonic missile attack on Ukraine for the second consecutive day, amid claims that thousands of people trapped in a besieged city have been “forcibly deported” to Russian territory. The weapon – known as Kinzhal, meaning dagger – hit a Ukrainian fuel depot near the Black Sea port of …

Ivermectin didn’t protect people from COVID-19, study shows

Ivermectin didn’t protect people from COVID-19, study shows

Researchers testing repurposed drugs against Covid-19 found that ivermectin didn’t reduce hospital admissions, in the largest trial yet of the effect of the antiparasitic on the disease driving the pandemic. Ivermectin has received a lot of attention as a potential treatment for Covid-19 including from celebrities such as podcast host Joe Rogan. Most evidence has …

Orthodox Patriarch blames Ukraine war on Rusonphobia

Orthodox Patriarch blames Ukraine war on Rusonphobia

ROME – Russian Orthodox Patriarch Kirill, responding to a request that he intervene with Russia’s leaders to end the war in Ukraine, accused the west of disregarding Russia’s security concerns and stoking tensions between the two countries in a bid to weaken Russia. In his response to a March 2 letter from acting secretary general …

Ukraine Update: Germany Rues ‘Stupid’ Reliance on Russian Gas

Ukraine Update: Germany Rues ‘Stupid’ Reliance on Russian Gas

Germany was “stupid” to let itself become dependent on Russia for about half of its gas supplies, according to Economy Minister Robert Habeck. Habeck, who’s in Qatar and the United Arab Emirates this weekend to discuss buying liquefied natural gas, told Deutschlandfunk radio that individual suppliers should in future each be limited to providing “10% …

IEA urges ’emergency measures’ to cut oil use as Ukraine war threatens supply

IEA urges ’emergency measures’ to cut oil use as Ukraine war threatens supply

The International Energy Agency (IEA) has called on governments to urgently implement measures to cut global oil consumption within months following supply fears stemming from Russia’s invasion of Ukraine. The outbreak of war in Ukraine has sent fuel prices up sharply and led to major economies, such as the United States and Canada, sanctioning Russia …

US Hypersonic missile failures…. Russia deploying them in the Ukraine

US Hypersonic missile failures…. Russia deploying them in the Ukraine

Hypersonic missile failures cast doubt on US bid to catch up with China and Russia after Pentagon awarded $1 billion development contract to Lockheed Martin The US-developed hypersonic missiles have failed three consecutive tests The program must complete two successful tests by June 30 to stay on schedule The Pentagon hopes to have the weapons, …

Russia attacks Ukraine for the first time with its latest hypersonic missiles

Russia attacks Ukraine for the first time with its latest hypersonic missiles

Russia’s defence ministry claims that it has used hypersonic missiles for the first time ever during combat. Russia on Friday used its latest Kinzhal hypersonic missiles in Ukraine for the first time to destroy a weapons depot in the west of the country, the defense ministry said. Russia has never admitted to using the high-precision …