Russia Gains Momentum In Eastern Ukraine Offensive; Chasiv Yar Witnesses Bloody Clash
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
3 minutes ago
- Mint
Oil Edges Down With Trade Talks, EU Curbs on Russia in Focus
Oil nudged lower following its first weekly drop this month, with traders focused on US trade talks and the European Union's efforts to curb Russian energy exports. Brent crude traded near $69 a barrel after falling 1.5% last week. EU envoys are set to meet as early as this week to formulate a plan to respond to a possible no-deal scenario with US President Donald Trump, whose position is seen to have stiffened ahead of an Aug. 1 deadline. Late last week, the 27-nation bloc agreed on a package of sanctions against Moscow, including a lower price cap on the country's crude, curbs on fuels made from Russian petroleum and a ban on a large refinery in India. The UK joined the EU efforts. Beijing — with two Chinese banks and other companies included in the sanctions — protested the EU measures and said it will take the necessary steps to resolutely 'safeguard the legitimate rights and interests of Chinese firms and financial institutions.' China and India became the main buyers of Russian crude when global flows were reshaped following the Kremlin's 2022 invasion of Ukraine. The shipments have so far not been impeded by western restrictions. Oil has trended higher since early May, but Brent is still down about 7% this year as Trump ratchets up his trade war and OPEC relaxes supply curbs. Prices have been jolted by developments in the Middle East, as well as sanctions on crude from producers including Russia and Iran. Diesel's price relative to crude in Europe, a gauge for profitability of producing the fuel, was near the highest since March 2024, while its prompt time spread — the difference between its closest two contracts — also rallied on Friday, widening its bullish backwardation structure. To get Bloomberg's Energy Daily newsletter in your inbox, click here. ©2025 Bloomberg L.P. This article was generated from an automated news agency feed without modifications to text.
Time of India
10 minutes ago
- Time of India
Forests aren't just green cover they're Uttarakhand's identity.
Putin Dollar Shock For Trump After BRICS Declaration? Russia's Big De-Dollarisation Announcement Russian Deputy Foreign Minister Sergey Ryabkov clarified that BRICS nations don't aim to replace the US dollar, but rather seek alternatives for mutual settlements to circumvent US sanctions. He stated BRICS intends to trade in national currencies, with Russia already conducting 90% of payments with partners in local denominations. This counters US President Trump's concerns and threats of tariffs on BRICS countries, who are also developing "BRICS Pay," a decentralized blockchain payment system for cross-border transactions. 42.2K views | 21 hours ago
Time of India
an hour ago
- Time of India
Russia SMASHES Over 70 Ukrainian Drones As Kyiv Attacks Moscow Again
Russia claimed a significant victory in Donetsk by capturing Bila Hora after a successful offensive by its Yug Group of Forces. The Russian Defence Ministry said it neutralized 74 Ukrainian drones over seven regions, including Moscow, thwarting a major drone attack. In response, Russia launched 426 drones and 24 missiles at Ukraine overnight, causing fires, killing one person, and injuring dozens. The ministry also claimed to have eliminated over 1,250 Ukrainian troops in the last 24 hours as part of its ongoing military operation.#RussiaUkraineWar #DonetskOffensive #DroneAttack #BilaHoraCaptured #RussianMilitary #UkraineConflict #MilitaryUpdate #WarNews #SpecialOperation #RussiaStrikes Read More
