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[ad_1] NEW YORK: Oil prices rose about 1% to a nine-month high on Friday on rising US diesel futures and worries about tight oil supplies after Saudi Arabia and Russia extended voluntary cuts this week. Brent futures rose 76 cents, or 0.9%, to $90.68 a barrel by 1608 GMT. US West Texas Intermediate (WTI) crude rose 67 cents, or 0.8%, to $87.54. Both crude benchmarks remained technically overbought for a sixth day in a row, with Brent on track for its highest close since November 16 and WTI since November 11. For the week, both benchmarks were up about 3% after Brent gained about 5% last week and WTI gained about 7% last week. Also read Of rising oil prices and the devaluing rupee This week, Saudi Arabia and Russia extended their voluntary supply cuts of a combined 1.3 million barrels per day (bpd) to the end of the year. Saudi Arabia will probably find it difficult to end its cuts at the end of the year without triggering a price slide, Commerzbank analysts said in a not

[ad_1] G-7 leaders stand together after the family photo. Picture Alliance | Picture Alliance | Getty Images Ukraine's Volodymyr Zelenskyy arrived in the Japan on Saturday to attend the Group of Seven (G-7) summit, giving him a rare chance to both drum up support from the world's rich democracies and sound out "Global South" leaders with long ties to Russia. The Ukrainian president's attendance at the G-7 summit in Hiroshima, the first city to suffer a nuclear attack, also put in sharp relief western concerns over the nuclear threat posed by Moscow. G-7 members — the United States, Japan, Germany, France, Britain, Italy and Canada — are grappling with the immense challenges posed by Russia's invasion of Ukraine and tensions with China, notably over Taiwan and economic security. Worried by the outsized role China now plays in supply chains in everything from semiconductors to critical minerals, the G-7 issued a communique that set out a common strategy tow

[ad_1] European Commission President Ursula von der Leyen looks on during a press conference. John Thys | Afp | Getty Images An increasingly isolated Russia is now dependent on China for both its military and economic ends, the European Commission's president said Tuesday. Ursula von der Leyen said Russia was leaning more heavily on its eastern ally as it fails to achieve its objectives. "Russia is failing on strategic goals," von der Leyen said at the World Economic Forum  in Davos, Switzerland. "It is first and foremost a military failure," she said, noting that Ukraine had thus far retained its "freedom and independence" in its almost two-year war with Moscow. "Russia's failure is also economic," she continued, highlighting the impact sanctions have had in isolating the country from trade with Western allies. "Russia is now dependent on China," von der Leyen added. Ukraine, meanwhile, is "closer than ever" to j

[ad_1] Drone warfare in Bakhmut An Ukrainian serviceman attaches a hand grenade to use in an attack, near Bachmut, in the region of Donbas. An Ukrainian serviceman attaches a hand grenade on a drone to use in an attack, near Bachmut, in the region of Donbas, on March 15, 2023.  Aris Messinis | AFP | Getty Images An Ukrainian serviceman attaches a hand grenade on a drone to use in an attack, near Bachmut, in the region of Donbas, on March 15, 2023.  Aris Messinis | AFP | Getty Images — Aris Messinis | AFP | Getty Images Russia ambassador says Moscow will "no longer allow anyone to break into its waters" Russia's Ambassador to the U.S. Anatoly Antonov appeared to blame the U.S. for the downing of a U.S. drone over the Black Sea on Tuesday that the U.S. military blamed on the "reckless" and "unsafe" behavior of Russian fighter jets. Mark Wilson | Getty Images News | Getty Images Russia's Ambassador Anatoly Antonov said that Moscow will "no l

[ad_1] Moscow's combat position in the war in Ukraine will not be impacted by the loss of troops belonging to Russian paramilitary group Wagner, according to a senior Russian defense official. Wagner forces were integral to Moscow's advance in Kyiv before the group staged an attempted insurrection at the end of last month, damaging relations with the Kremlin's top military brass irreconcilably. The failed rebellion propelled Wagner leader Yevgeny Prigozhin into exile in Belarus and the militia group said it has now suspended recruitment as it relocates to the country. Members of Wagner group looks from a military vehicle in Rostov-on-Don late on June 24, 2023.  Roman Romokhov | AFP | Getty Images Elsewhere, a new center for the prosecution of aggression in Ukraine opens on Monday, bolstering the capabilities of the Dutch-based International Criminal Court, which is limited in its mandate to pursue crimes of aggression. The ICC already has open warrants for Russian Pres

[ad_1] LONDON: British tennis chiefs are set to abandon their controversial ban on Russian and Belarusian players ahead of this year's Wimbledon championships, it was reported Friday. Following Russia's invasion of Ukraine last year, the UK's governing Lawn Tennis Association (LTA) came under pressure from the British government to impose a ban. Russian and Belarusian players were eventually barred from all five ATP tournaments staged by the LTA, including the longstanding Queen's Club event in London. The All England Lawn Tennis Club (AELTC), which runs Wimbledon, imposed a similar suspension. But Britain's Daily Telegraph reported Friday: "All expectations suggest that the AELTC will lower the ban on Russians and Belarusians". However, it added players from those countries may need to sign a declaration promising they will not "promote or glorify" Russia president Vladimir Putin's war in any way during the tournament. Jon Wer

[ad_1] Any attempt to arrest President Vladimir Putin after the International Criminal Court (ICC) issued a warrant for the Kremlin chief would amount to a declaration of war against Russia, his ally Dmitry Medvedev said on Thursday. The ICC issued an arrest warrant on Friday, accusing Putin of the war crime of illegally deporting hundreds of children from Ukraine. It said there are reasonable grounds to believe that Putin bears individual criminal responsibility. Former President Dmitry Medvedev told Russian media that the ICC, which countries including Russia, China and the United States do not recognise, was a “legal nonentity” that had never done anything significant. Any attempt to detain Putin, though, would be a declaration of war, said Medvedev, who serves as deputy chairman of Putin’s powerful security council. “Let’s imagine — obviously this situation which will never be realised — but nevertheless let’s imagine that it was realised: The current head of the nuclear

[ad_1] Intensified spying by American drones near Ukraine could lead to an escalation and Russia will respond proportionally to future intelligence-gathering operations, Moscow’s defence chief has told his US counterpart. According to international media reports, the comments came in a phone conversation on Wednesday between Sergei Shoigu and Pentagon boss Lloyd Austin after the United States accused a Russian Su-27 fighter jet of colliding with one of its Reaper surveillance drones, forcing it to crash into the Black Sea. Russia denied it deliberately brought the unmanned aerial vehicle down. “It was noted that flights by American strategic lethal drones by the Crimea coastline were provocative in nature and created pre-conditions for an escalation of the situation in the Black Sea zone,” a defence ministry statement quoted Shoigu as saying. “[Russia] has no interest in such a development, but it will continue to respond proportionately to all provocations.” It was the fi

[ad_1] Russia 's G20 sherpa Svetlana Lukash says there is no place and time in the all-powerful group to discuss one regional conflict that has dominated the minds of western nations. In an interview to TOI, she said many G20 countries are concerned about the banking crisis and it should be analysed. Excerpts: How is the mood inside with regard to Russia? The G20 agenda is much broader and much more important than one issue, which is in the interest of a limited group of countries. The world faces unprecedented challenges right now. We have fragmentation in global trade, we have high inflation, we have disrupted global value chains after the pandemic that threatens global growth. We have highly indebted countries especially when it is least developed and low-income countries and we have low progress in implementing the sustainable development goals. With these global challenges, G20's efforts are needed to solve these issues to provide coordinated action. There is no plac

[ad_1] Moscow — A U.S. journalist working for The Wall Street Journal has been arrested in Russia on charges of spying for Washington, Russia's FSB security services said Thursday. The announcement marks a serious escalation in Kremlin's efforts to silence perceived critics, a crackdown that gained momentum following Russia's military operation in Ukraine last year. The FSB security services said they had "halted the illegal activities of U.S. citizen Evan Geshkovich," saying The Wall Street Journal reporter was "suspected of spying in the interests of the American government." Evan Gershkovich, a reporter for The Wall Street Journal, is seen in an undated photo from his LinkedIn profile.  Evan Gershkovich/LinkedIn Their statement confirmed that Geshkovich, 31, was working with press accreditation issued by the Russian foreign minist

[ad_1] African leaders push Putin on grain deal resolution, peace plan A bakery along an alley in Cairo on July 27, 2023. Khaled Desouki | AFP | Getty Images African leaders gathered in St. Petersburg for a Russia-Africa summit urged President Vladimir Putin to move ahead with their peace plan for the conflict in Ukraine and provide guarantees for the safe passage of grain to their countries. "The African (peace) initiative deserves the closest attention, it mustn't be underestimated," Congo Republic President Denis Sassou Nguesso told Putin and African heads of state, according to a Reuters translation. "We once again urgently call for the restoration of peace in Europe," he added. Egypt's President Abdel Fattah al-Sisi also called on Russia to restore the Black Sea Grain Initiative, which Moscow exited last week. Prior to the withdrawal, it had allowed for the safe, global export of grain from Ukraine. Putin says Russia withdrew from the pact because

[ad_1] A  49-year-old female passenger Anzhelika Moskvitina was arrested by police for creating ruckus on an Aeroflot flight from Stavropol to Moscow. She bared her chest in front of other passengers - including children - on the flight in protest of not letting her smoke in the lavatory on the plane. As per a report on Mirror, the woman passenger was restrained with cuffs on the flight, and was handed over to the cops upon landing in Moscow. A video has surfaced on the social media platforms revealing the moment when the woman - suspected of being intoxicated - was arguing with cabin crew as they sought to pacify her. As per reports, the high drama began at a height of 33,000 ft when Anzhelika Moskvitina locked herself in the toilet and smoked while the plane was going through turbulence. When asked to back to her seat, she bared herself open in front of everyone, and demanded to enter the cockpit. As business class passengers assisted the crew to restrain her, she bit one of t

[ad_1] Ukrainian ballet company makes U.S. debut - CBS News Watch CBS News The men and women of the United Ukrainian Ballet company will make their U.S. debut in Washington, D.C., on Wednesday night. For their members, the stage is a refuge from the horrors of war. Christina Ruffini has more. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On [ad_2] Source link https://worldnews2023.com/entertainment/ukrainian-ballet-company-makes-u-s-debut/?feed_id=122478&_unique_id=6525d8f4ca56a