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The Latest Breaking News from Russia

Trump hands Viktor Orbán a win as Hungary locks exemption for Russian energy imports

White House sources say exemption for Budapest to continue buying Russian oil will apply for a year. The move represents a political win for Orbán heading into an election in April, with the Hungarian economy in dire straits. Low energy prices could be a determining factor in the campaign.

Euronews

Overnight Russian attacks on Ukraine's eastern city of Dnipro kills three and injures 12

Overnight Russian strikes targeting the eastern city of Dnipro killed three people and injured at least 12 civilians, including two children, as Moscow continues to show no desire to end its invasion of Ukraine, now well into its fourth year.

Euronews

Bulgaria moves to prevent shutdown of its only oil refinery ahead of US sanctions

Bulgaria is racing to prevent the shutdown of its only oil refinery before U.S. sanctions on its Russian owner take effect later this month

The Independent UK

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A Russian drone strike at a tower block in eastern Ukraine kills a woman and injures 11 people

A Russian drone has slammed into a tower block in eastern Ukraine, killing a woman and injuring at least 11 people

The Independent UK

Inside Ukraine’s start-up weapons industry rising from the ashes

IN FOCUS: As Europe and the US ponder over what arms to send to help the war against Russia, Ukraine is forging ahead with homegrown missiles and drones made from carbon printers and lawnmower engines. World affairs editor Sam Kiley reports from Kyiv

The Independent UK

Ukraine war briefing: Russia unleashes attack on energy infrastructure, triggering power cuts

Ukrainian minister says Moscow is ‘massively attacking’ grid; Volodymyr Zelenskyy says Russian troops gathering near north-eastern city. What we know on day 1,354

The Guardian - AU

Flattery will get you everywhere: Orbán lays it on thick with Trump

The Hungarian PM needed Trump’s help over Russia oil sanctions – so he deployed a tried-and-trusted method

The Guardian - US

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Will Putin's Rare Earth Ambitions Threaten Clean Energy ETF Bets?

Russian President Vladimir Putin ordered the drafting of a national roadmap for rare-earth extraction by December, underlining his intention to enter the strategic minerals race.

Benzinga

EU Commission and Belgium see no breakthrough in Ukraine reparation loan talks

The two sides met on Friday to discuss Belgian concerns pegged to using Russian frozen assets to fund Ukraine in unprecedented financial loan. Talks saw no breakthrough as the clock ticks to a December crunch summit.

Euronews

Trump weighs Hungary's 'vital' request for exemption from Russian energy sanctions

In comments on Friday, Orbán said he would present Trump with several "suggestions" for implementing an exemption.

Euronews

Crude Oil Higher on Dollar Weakness and Stronger Chinese Demand

December WTI crude oil (CLZ25 ) on Friday closed up +0.32 (+0.54%), and December RBOB gasoline (RBZ25 ) closed down -0.0253 (-1.29%). Crude oil and gasoline prices settled mixed on Friday. Dollar weakness supported crude prices on Friday, when the dollar index (DXY00) fell to a 1-week low. Also, strength...

Barchart

Moscow Signals Possible Deployment of Hypersonic Missiles to Aid Maduro Amid U.S. Military Threat: Report

Russia is signaling it could supply Venezuela with advanced hypersonic missiles as U.S. military activity intensifies near the country, according to The Times.

Latin Times

Trump-Orbán meeting: US gives Hungary exemption from sanctions on Russian oil and gas

US president also praises Hungarian leader’s hardline stance on immigration during friendly White House summit

The Guardian - US

Verona cancels performance of Ildar Abdrazakov, the Russian opera star close to Putin

"We have once again won a victory over Putin and the Kremlin's propaganda", enthused the Vice-President of the European Parliament, Italy's Pina Picerno. The cancellation follows a similar measure, in Caserta, against another musician close to Putin, Valery Gergiev.

Euronews

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The Independent UK

Fears Pokrovsk will fall ‘within weeks’ as Ukraine sends in its elite units

Russian President Vladimir Putin claims his forces are on the cusp of winning

The Guardian - UK

EU plans hub to tackle disinformation threat from Russia and others

Move follows ‘escalating hybrid attacks’ by Russia and other foreign powers spreading fake articles across social media

The Conversation

How authoritarian states sculpt a warped alternative reality in our news feeds

When we talk about disinformation – the intentional spreading of misleading information – we usually picture blatant lies and “fake news” pushed by foreign governments. Sometimes the intention is to sway voters in elections, and sometimes it’s to sow confusion in a crisis.

The Independent UK

Putin ‘sidelines’ Russia’s veteran foreign minister after ‘blaming him for collapse of Trump summit’

Putin and Trump were expected to meet in Hungary - until Lavrov spoke with Marco Rubio last month

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Barchart

Crude Oil Gains on Dollar Weakness and Strength in Chinese Oil Demand

December WTI crude oil (CLZ25 ) today is up +0.30 (+0.50%), and December RBOB gasoline (RBZ25 ) is down -0.0150 (-0.76%). Crude oil and gasoline prices are mixed today, with crude falling to a 2-week low. Today's weaker dollar (DXY00 ) is supportive for energy prices as the dollar index...

The Independent UK

EU tightens visa restrictions on Russians over the Ukraine war and acts of sabotage

The European Union is making it harder for Russian citizens to enter Europe’s ID-check free travel area

Radio France Internationale

Orban seeks Trump’s support over reliance on Russian energy amid US sanctions

Hungarian Prime Minister Viktor Orban is set to visit the White House on Friday, where he will meet US President Donald Trump for a high-stakes discussion centred on Hungary’s reliance on Russian energy and the effect of new US sanctions targeting Russian oil.

Reason

November 7 as Victims of Communism Day - 2025

I have long advocated using May 1 for this purpose. But November 7 is a worthy alternative candidate, which I am happy to adopt if it can attract a broad consensus.

Euronews

UK court jails James Bond fantasist for seven years for attempting to spy for Russia

Bethan David, head of the Crown Prosecution Service’s Counter Terrorism Division, said the conviction sends "a clear message to anyone considering spying for or assisting Russia."

The Independent UK

James Bond fantasist jailed for 7 years in UK for trying to spy for Russia

A British man who had aspirations of being James Bond has been jailed for seven years for trying to spy for what he believed to be Russian intelligence service agents

Euronews

Moscow inches closer to forcing more Ukrainians from occupied territories to fight for Russia

Moscow has now claimed to have included parts of Ukraine’s Donetsk, Luhansk, Zaporizhzhia and Kherson regions into Russia’s Southern Military District, as it moves closer to formalising the forced conscription of Ukrainians in the temporarily occupied territories.

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