Page 33 - Russia

Asian countries spend big on fuel oil amid global gas shortage concerns

Japanese imports of the fuel, which can be used instead of natural gas to produce electricity, surged to a four-year high in August, and are set to stay high in the coming months

Russia hits power stations, infrastructure after Ukraine counteroffensive

Russia attacked power stations and other infrastructure, causing widespread outages across Ukraine as Kyiv's forces pressed a swift counteroffensive that has driven Moscow's troops from swaths of territory it had occupied in the northeast. The bombardment on Sunday ignited a massive fire at a power station on Kharkiv's western outskirts and killed at least one person. President Volodymyr Zelenskyy denounced the deliberate and cynical missile strikes against civilian targets as acts of terrorism. Ukraine's second-largest city of Kharkiv appeared to be without power Sunday night. Cars drove through darkened streets, and the few pedestrians used flashlights or mobile phones to light their way. Separately, the Zaporizhzhia Nuclear Power Plant in the Russia-occupied south completely shut down in a bid to prevent a radiation disaster as fighting raged nearby. Kyiv's action in recent days to reclaim Russia-occupied areas in the Kharkiv region forced Moscow to withdraw its troops to preven

Kremlin says 'special military operation' will meet its goals in Ukraine

Russia shrugs off retreat in northeast Ukraine as Putin focuses on economy

Russian defenses crumble as Ukrainian forces retake key territory

Russia's Defense Minstry on Sunday published a map showing much of the country's forces out of the Kharkiv region, without commenting further

India-Russia trade hits roadblock as Moscow wants ruble for its exports

Moscow is pushing for ruble payment for crude imports after Russia's energy major Gazprom signed a deal with China to start payments for gas supplies to China in yuan and rubles instead of dollars

Countering G7 price cap proposal, Russia offers discounted oil to India

The discounts are expected to be substantial and lower than those offered by Iraq in recent months. The third largest oil importer India has been approached by the G7 nations to support the price cap

Russia's Kharkiv retreat marks 200 days of its Ukraine invasion

Zelenskyy says the military has reclaimed about 2,000 square kilometre of its territory

Russia announces troop pullback from two areas in Ukraine's Kharkiv

Russia's Defence Ministry announced on Saturday that it was pulling back troops from two areas in Ukraine's eastern Kharkiv region where a Ukrainian counteroffensive has made significant advances in the past week. The news came after days of apparent advances by Ukraine south of Kharkiv, the country's second-largest city, in what could become the biggest battlefield success for Ukrainian forces since they thwarted a Russian attempt to seize the capital, Kyiv, at the start of the nearly seven-month war. Russian Defence Ministry spokesman Igor Konashenkov said troops would be regrouped from the Balakliya and Izyum areas to the eastern Donetsk region. Izyum was a major base for Russian forces in the Kharkiv region, and earlier this week social media videos showed residents of Balakliya joyfully cheering as Ukrainian troops moved in. Konashenkov said the Russian move was being made in order to achieve the stated goals of the special military operation to liberate Donbas", one of the ..

Russia announces troop pullback from two areas in Ukraine's Kharkiv

Russia's Defence Ministry said Saturday that it is pulling back forces from two areas in Ukraine's Kharkiv region where a Ukrainian counter offensive has made significant advances in the past week. Defence Ministry spokesman Igor Konashenkov said the troops would be regrouped from the Balakliya and Izyum areas to the Donetsk region. Izyum was a major base for Russian forces in the Kharkiv region. Konashenkov said the move is being made in order to achieve the stated goals of the special military operation to liberate Donbas,' one of the eastern Ukraine regions that Russia has declared sovereign. The claim of pullback to concentrate on Donetsk is similiar to the justification Russia gave for pulling back its forces from the Kyiv region earlier this year.

Russia ready to donate potash fertilizers to developing countries: Putin

Russian President Vladimir Putin said that Russia is ready to donate its potash fertilizers to developing countries.

'Substantial victory' for Kyiv conceded on Russian state TV: Report

The Ukrainian breakthrough near Kharkiv was the fastest advance reported by either side for months, and one of the biggest shifts in the war's momentum

Russian Unistream bank in talks on instant money transfers to India, Turkey

Russian bank Unistream, which specialises in money transfers, has seen a surge in remittances since Moscow began operations in Ukraine and plans to launch instant transfers to India, Turkey

Oil supported by supply threats, but likely to drop on demand fears

Oil rose on Friday supported by real and threatened cuts to supply, although crude was set for a 2nd weekly decline as aggressive interest rate hikes and China's Covid curbs weighed on demand outlook

Price cap won't largely affect Russian gas supply, says Estonian minister

Any price cap EU countries might set on gas from Russia probably won't make a large difference on the supply of it to Europe, Estonia's energy minister said

Russia's exclusion may pave way for India into global bond index

Getting high-yielding Indian sovereign bonds into global indexes would make it easier for overseas investors to put their money into Asia's third-biggest economy with its $1 trillion debt market

US announces sanctions against Iranian firms for selling drones to Russia

The US Treasury Department has announced that it is levying sanctions against four Iranian companies that it says were involved in sending drones to Russia last month for use in Moscow's war against Ukraine. Tehran-based Safiran Airport Services, Paravar Pars Company, Design and Manufacturing of Aircraft Engines, and Baharestan Kish Company were all hit with the new sanctions. Russia is making increasingly desperate choices to continue its unprovoked war against Ukraine, particularly in the face of our unprecedented sanctions and export controls, said Brian Nelson, under secretary of the Treasury for terrorism and financial intelligence on Thursday. The United States is committed to strictly enforcing our sanctions against both Russia and Iran and holding accountable Iran and those supporting Russia's war of aggression against Ukraine." Safiran coordinates Russian military flights between Iran and Russia, including those that US intelligence officials say transported Iranian unmann

Russian airstrikes on positions of Nusra Front in Syria kills 120 rebels

Russian airstrikes on positions of the al-Qaida-linked Nusra Front in northwestern Syria reportedly killed 120 rebels.

We will cap Russia gas price despite Putin's warning: European Union

Putin has warned that contracts could be discarded in the event of price caps

Oil price edges up from 7-month low as Russia threatens export halt

Prices drew some support from Russian President Vladimir Putin's threat to halt oil and gas exports if price caps are imposed by European buyers

Explained: How have India's crude import sources changed over time?

The top three countries have changed significantly before and after the military action in Ukraine