World news

Iran sharply reduces oil prices, competes with Russia to sell to China

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Iran has sharply reduced its already cheap crude oil prices to sell to China in the context of Russia becoming the leading supplier to Beijing.

Forecast of when Russian gas delivered to the EU will drop to a record level

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The International Energy Agency (IEA) forecasts that Russian gas deliveries to the European Union (EU) will fall by more than half in 2025.

Japan affirms it will not give up its interests in oil and gas projects with Russia

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Japan has asked Russia to " Speak more clearly" about the recent decree regarding the Sakhalin-2 oil and gas project, Foreign Minister Yoshimasa Hayashi said at a press conference on July 5.

Germany predicts unwanted prospects in the EU when cutting off Russian gas

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The EU may disagree on gas distribution, amid a growing shortage, the leader of Germany's Christian Democratic Union (CDU) warned earlier this week.

Finland, Sweden officially begin NATO membership process

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The process of ratifying Finland and Sweden to join NATO officially kicked off on July 5.

Revealing where the Russian super-rich transfer money to avoid sanctions

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The Russian super-rich are said to see Dubai as a safe haven to avoid sanctions.

US says Russia asks China for military assistance in Ukraine

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A senior US official said Russia had asked China for military assistance in Ukraine, including drones.

Gasoline prices increase, a series of German companies may go bankrupt

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The German Business Association of Small and Medium Enterprises fears that a series of German companies are at risk of bankruptcy due to rising gasoline prices.

Banned from USD, Russia raises yuan deposit interest rates to record level

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Russian banks are mobilizing yuan deposits to replace the US dollar and euro amid Western sanctions over the war in Ukraine.

Ukraine decides to buy weapons until the end, Russia warns of attack

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Ukraine has said it is ready to borrow or spend its "last amount" from the budget to buy air defense weapons. Meanwhile, Russia warned of attacking a convoy of Western weapons vehicles to Kiev.

Ukrainian President Says ready for negotiations with Russia

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The Ukrainian president hopes that peace negotiations with Russia will reap practical results.

Ukrainian War: Russia attacks a series of urban areas, air defense warnings ring out

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On the 17th day of the Ukrainian war (12.3), Russia expanded its attacks on Ukrainian cities. Air alert rings throughout Ukraine.

Mysterious drones enter the airspace of 3 NATO countries

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The military drone flew into the airspace of two NATO members Hungary and Romania and then crashed in the capital Croatia, another NATO member state.

Western banks lose entire $120 billion debt to Russia

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Russia owes Western banks $120 billion and the West may not get back the money.

Image of a strange move by a 64km Russian military convoy near the Ukrainian capital

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Satellite images show a 64km long Russian military convoy near the Ukrainian capital that has been largely dispersed.

Russian-Ukrainian Foreign Minister visits Türkiye for talks

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Russian and Ukrainian foreign ministers have arrived in Turkey to prepare for the highest-level talks since the start of the military conflict in Ukraine.

accusing Ukraine of staging dangerous Provocation in Chernobyl

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Russia accused Ukrainian nationalism of cutting power at the Chernobyl nuclear power plant, staging an "extremely dangerous province".

The first "savior" is likely to cool down world oil prices

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The United Arab Emirates has agreed that the UAE could be the first "savior" to cool down world oil prices.

Russia's surprising move on gold amid the wave of sanctions

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Russia has suddenly lifted gold tariffs to encourage people to abandon the US dollar amid rising sanctions.

IAEA fears Chernobyl nuclear power plant will deteriorate

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IAEA expressed concern about the worsening situation at the Chernobyl nuclear power plant, and called on Russia to allow staff rotation because taking breaks and changing shifts regularly is an important factor for the safety of the facility.