Analysts see Brent crude climbing to levels last seen in the first months of the Ukraine war after Saudi Arabia and Russia extended production cuts.
Category: Russia
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Oil Prices Jump on Extension of Production Cuts by Saudi Arabia and Russia
The move reflected renewed efforts by the two major exporters to bolster the price of crude.
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South African Inquiry Rebuts U.S. Charge on Russian Arms
A government investigation about a Russian ship contradicts U.S. accusations that South Africa provided arms to fight Ukraine, President Cyril Ramaphosa said. But a government report won’t be released, he added.
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A Merchant Ship’s Perilous Black Sea Passage in Ukraine
Ukraine’s Danube River ports have become key arteries for grain exports. But threats from Russia and costly delays have made some shippers rethink their operations in the Black Sea.
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BRICS May Add More Countries to the Group. Here’s What to Know.
Saudi Arabia, Argentina, Indonesia and Egypt are among the potential candidates to expand the five-nation bloc, many of them seeking stronger ties with non-Western powers. Iran is also interested.
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Intelligence Agencies Warn Foreign Spies Are Targeting U.S. Space Companies
U.S. officials say Chinese and Russian spy agencies are trying to steal technology from private American space companies and preparing cyberattacks that could disable satellites in a conflict.
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Russia Tries to Bolster Ruble as Inflation Adds to Economic Woes
The central bank in Moscow took steps to counter the currency’s slide, but the war and resulting sanctions have put intense pressure on the economy.
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The ruble’s fall is raising concerns inside Russia about rising inflation.
The Russian currency has lost about a quarter of its value against the dollar this year, a reflection of the country’s roiling economy.
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Anna Netrebko Sues Met Opera After Losing Work Over Support of Putin
Seeking at least $360,000, the singer accused the storied opera house of discrimination, defamation and breach of contract. The company disputed her claims.