Trump's bigger Maga war
The President of the United States is facing the wrath of his core supporters over his administration's scandalous about-turn on the 'Jeffrey Epstein Files'.
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Force with no firepower
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The Sun
3 hours ago
- The Sun
Russia claims capture of Ukrainian villages in three front areas
MOSCOW: Russia announced on Thursday that its forces had taken control of Ukrainian villages in three separate regions, marking an expansion of its summer offensive despite international pressure to halt hostilities. Ukraine has not yet commented on these claims. The Russian defence ministry stated that its troops had 'liberated' the settlements of Popiv Yar in Donetsk, Degtiarne in Kharkiv, and Kamianske in Zaporizhzhia. Kamianske, located along the Dnipro River, had a pre-war population of around 2,000. Degtiarne, a small village near the Russian border, had not seen Russian advances since the early stages of the conflict. Popiv Yar lies south of Kramatorsk, a key Ukrainian city. Russian forces have intensified their offensive for three consecutive months, with June recording the largest territorial gains since November last year, according to AFP analysis of ISW data. US President Donald Trump recently warned Moscow of potential sanctions if no peace deal is reached within 50 days. However, Ukraine maintains that Russia has no intention of ending the conflict and will continue its military operations. - AFP
New Straits Times
4 hours ago
- New Straits Times
Oil prices gain on geopolitical risks, inventory worries
LONDON: Oil prices rose on Thursday, even as global trade tensions appeared to cool, with analysts pointing to low inventories and renewed Middle East risks as factors supporting the market. Brent crude futures were up 31 cents, or around 0.5 per cent, to US$68.83 a barrel at 1203 GMT. US West Texas Intermediate crude futures were up 61 cents, or 0.9 per cent, at US$66.99. US President Donald Trump has said letters notifying smaller countries of their US tariff rates would go out soon, and has also alluded to prospects of a deal with Beijing on illicit drugs and a possible agreement with the European Union. "Near-term prices (are) set to remain volatile due to the uncertainty over the final scale of US tariffs and the resultant impact on global growth," said Ashley Kelty, an analyst at Panmure Liberum, adding that prices would likely settle lower in the medium term. The oil market on Thursday was also reacting to a tightened inventory scenario, said John Evans, analyst at PVM Oil Associates. Last week, the International Energy Agency said that oil output increases were not leading to higher inventories, which showed markets were thirsty for more oil. "Oil thinking has been distracted from the Middle East, and the reminders of Israel's attacks into Syria and the drone attacks on oil infrastructure in Kurdistan are timely and once again add a little fizz to proceedings," Evans said. Drone attacks on oilfields in Iraq's semi-autonomous Kurdistan region have slashed crude output by up to 150,000 barrels per day, two energy officials said on Wednesday, as infrastructure damage forced multiple shutdowns. "For now, oil market indicators continue to suggest the physical market remains tight. But ongoing trade tensions could weigh on oil demand growth prospects and pose downside risks to prices," said UBS commodities analyst Giovanni Staunovo.
