Oil prices rise amid G7 talks on new Russian sanctions

Oil prices rise amid G7 talks on new Russian sanctions

Crude oil storage tanks are seen at the Kinder Morgan terminal in Sherwood Park, near Edmonton, Alberta, Canada November 14, 2016. REUTERS/Chris Helgren Register now for FREE unlimited access to Reuters.com Register HOUSTON, June 27 (Reuters) – Oil prices traded higher on Monday in a volatile session as investors waited for any moves against Russian … Read more

NATO to have over 300,000 troops at higher readiness- Stoltenberg

NATO to have over 300,000 troops at higher readiness- Stoltenberg

Madrid summit to adapt NATO stance towards Russia Change driven by Russia’s invasion of Ukraine New strategy paper to brand Russia a ‘direct threat’ BRUSSELS, June 27 (Reuters) – NATO will massively boost the number of troops on high readiness to over 300,000, Secretary-General Jens Stoltenberg said on Monday, with allies set to adopt a … Read more

G7 to hike sanctions on Russia, nears oil price cap deal, U.S. official says

G7 to hike sanctions on Russia, nears oil price cap deal, U.S. official says

SCHLOSS ELMAU, Germany, June 27 (Reuters) – The Group of Seven rich democracies will commit on Tuesday to a new package of coordinated actions meant toraise pressure on Russia over its war in Ukraine, and will finalize plans for a price cap on Russian oil, a senior U.S. official said on Monday. The announcement came … Read more

Russian forces turn sights on Lysychansk in battle for eastern Ukraine

As war in east rages on, Ukraine gets chance to 'live the European dream'

Ukraine needs modern air defence system – Zelenskiy U.S. to announce missile defence system for Ukraine -source Russian missiles strike Kyiv for first time in weeks Biden condemns Kyiv attack as act of “barbarism” KYIV/POKROVSK, Ukraine, June 27 (Reuters) – Russian forces were fighting on Monday to capture Lysychansk, the last major city still held … Read more

G7 aims to raise $600 billion to counter China’s Belt and Road

G7 aims to raise $600 billion to counter China's Belt and Road

SCHLOSS ELMAU, Germany, June 26 (Reuters) – Group of Seven leaders on Sunday pledged to raise $600 billion in private and public funds over five years to finance needed infrastructure in developing countries and counter China’s older, multitrillion-dollar Belt and Road project. U.S. President Joe Biden and other G7 leaders relaunched the newly renamed “Partnership … Read more

Ukraine suffers major setback after fall of Sievierodonetsk

Ukraine suffers major setback after fall of Sievierodonetsk

KYIV/POKROVSK, June 26 (Reuters) – Ukraine special forces remained in Sievierodonetsk directing artillery fire against Russian-backed troops, said an adviser to Ukraine’s president, after the city fell in a major setback for Kyiv as it struggles to keep control of the country’s east. Ukrainian shelling on Saturday forced Russian troops to suspend the evacuation of … Read more

Russian missiles strike across Ukraine, says Kyiv

Russian missiles strike across Ukraine, says Kyiv

Ukraine says Russia launches widespread shelling Shelling hit chemical plant where civilians trapped Ukraine forces withdraw from Sievierodonetsk Dozens of missiles hit Ukrainian military bases KYIV, June 25 (Reuters) – Russian missiles rained down across Ukraine on Saturday, hitting military facilities in the west and the north as well as a southern city as the … Read more

Prince Charles expresses sorrow over slavery in Commonwealth speech

Prince Charles expresses sorrow over slavery in Commonwealth speech

Commonwealth leaders gather for Kigali summit Charles alludes to colonialism, slavery in speech Rwanda’s Kagame speaks of “reimagining” Commonwealth Members vote to keep Patricia Scotland as sec-gen KIGALI, June 24 (Reuters) – Britain’s Prince Charles expressed deep sorrow over slavery in a speech to Commonwealth leaders in Rwanda on Friday and acknowledged that the roots … Read more

EU plans for life without Russian gas amid inflation spike

EU plans for life without Russian gas amid inflation spike

‘The notion of cheap energy is gone,’ Latvian PM says Inflation in euro zone has shot to all-time highs Germany warns some industries may have to close this winter BRUSSELS, June 24 (Reuters) – EU leaders on Friday warned that “cheap energy is gone” and agreed to boost preparations for further cuts in Russian gas, … Read more

Ukraine’s EU candidacy will strengthen Europe as Russia threatens freedom – Zelenskiy

Ukraine's EU candidacy will strengthen Europe as Russia threatens freedom - Zelenskiy

Ukraine EU candidacy will strengthen Europe-Zelenskiy ‘Our future is together’, says European Council chief EU candidacy will anger Moscow Russia continues shelling cities in Donbas KYIV, June 24 (Reuters) – President Volodymyr Zelenskiy said Ukraine’s formal candidature to join the European Union was a big step towards strengthening Europe at a time when Russia was … Read more