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PARIS, France (AFP) — The International Energy Agency on Friday urged governments to urgently implement measures to cut global oil consumption within months following supply fears stemming from Russia’s invasion of Ukraine. The IEA also called on the OPEC+ group of oil-producing nations led by Saudi Arabia and Russia to help “relieve the strain” on markets, while warning that the world faced the biggest shock to supply “in decades”. The outbreak of war in Ukraine […]
MOSCOW, Russia (AFP) — Russian President Vladimir Putin on Friday accused Ukrainian authorities of stalling talks, but added that Moscow was ready to search for solutions as he spoke with German Chancellor Olaf Scholz. “It was noted that the Kyiv regime is trying in every possible way to stall negotiations, putting forward more and more unrealistic proposals,” the Kremlin said after the phone call. “Nevertheless, the Russian side is ready to continue to search for […]
by Joe Stenson with Danny Kemp and Dmytro Gorshkov in Kyiv Agence France Presse LVIV, Ukraine (AFP) — Russian missiles struck near Lviv’s airport in the far west of Ukraine early Friday, as Moscow expanded a countrywide aerial bombardment campaign that has intensified allegations of war crimes and deliberate targeting of civilians. Lviv Mayor Andriy Sadovyi said Russian forces had destroyed an aircraft repair plant — which sits near the Polish border. Ambulance and […]
by Sebastian Smith and Frankie Taggart Agence France Presse Ukraine’s leader Volodymyr Zelensky made a desperate appeal for help against Russia to the US Congress on Wednesday, and within hours of the speech, President Joe Biden responded by promising $1 billion in new weapons to fight “war criminal” Vladimir Putin’s invading army. The Ukrainian president’s video address from embattled Kyiv, bolstered by a montage of horrific TV footage of Ukrainian civilians under Russian assault, […]
LONDON, United Kingdom (AFP) — Oil prices soared Thursday on tensions surrounding key producer Russia, as equities diverged with traders tracking interest rate decisions, the Ukraine conflict and China’s pledge to support volatile markets. The price of benchmark oil contract, Brent North Sea crude, jumped more than five percent to return above $100 per barrel after Russia rejected a ruling from the UN’s top court to suspend its Ukraine offensive. “Russia’s invasion is still […]
KYIV, Ukraine (AFP) – Ukraine claimed Thursday that Russia had destroyed a theatre harbouring more than a thousand people in the besieged southern port city of Mariupol, with the toll as yet unknown. Officials posted images that appeared to show the once gleaming whitewashed three-storey theatre hollowed out and ablaze, with bricks and scaffolding piled high. “The invaders destroyed the Drama Theatre. A place where more than a thousand people found refuge. We will never […]
UNITED NATIONS, United States (AFP) – Moscow asked Wednesday to postpone again a UN Security Council vote on a resolution it drafted about the “humanitarian” situation in Ukraine, where Russian troops have launched an all-out assault. Some diplomats believe, however, that the text could ultimately be abandoned due to lack of support from Russia’s allies. Discussions are also underway, according to other diplomatic sources, to allow Ukrainian President Volodymyr Zelensky to speak to the United […]
PARIS, France (AFP) – The International Energy Agency cut its world oil demand forecast for 2022 on Wednesday, warning that sanctions against Russia over its invasion of Ukraine could spark a global supply “shock”. “Faced with what could turn into the biggest supply crisis in decades, global energy markets are at a crossroads,” the IEA said in a monthly report. “While it is still too early to know how events will unfold, the crisis may […]
First visit of foreign leaders in Ukraine after Russia attack KYIV, Ukraine (AFP) — The Polish, Czech and Slovenian prime ministers met Ukrainian President Volodymyr Zelensky in Kyiv on Tuesday in the first visit by foreign leaders to Ukraine’s besieged capital since Russia’s invasion. The prime ministers, who arrived by train, sat round a table with their Ukrainian counterpart Denis Shmyhal amd and the Ukrainian president, who detailed the situation to them. “They are shelling […]
DNIPRO, Ukraine (AFP) – Russian forces on Wednesday targeted the southern Ukraine city of Zaporizhzhia, where thousands of refugees are taking shelter after escaping the besieged port city of Mariupol, regional officials said. “Civilian objects have been bombed for the first time in Zaporizhzhia,” the regional governor Alexander Starukh wrote on the Telegram social media platform. “The rockets landed in the area of the Zaporozhye-2 railway station,” he added, specifying that there were no casualties. […]
ABU DHABI, United Emirates (AFP) – British Prime Minister Boris Johnson was to lobby Saudi Arabia and the United Arab Emirates to pump more oil to calm turbulent markets as he meets the Gulf states’ leadership on Wednesday. Johnson arrived in Abu Dhabi for talks with Crown Prince Mohammed bin Zayed and was due to fly to Riyadh later as the West seeks to end its dependency on Russian oil following the invasion of Ukraine. […]
by Danny KEMP, with Emmanuel DUPARCQ Agence France-Presse KYIV, Ukraine (AFP) – A trio of eastern European leaders met Ukraine’s president in his besieged capital Tuesday, in a defiant act of solidarity as Russian forces pressed in and air strikes claimed yet more lives in the city under curfew. As talks ground on between Moscow and Kyiv in a bid to halt the devastation, the White House upped the ante by announcing President Joe Biden […]
