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The Latest Breaking News from Ukraine

Crude Oil Prices Jump on Concerns Over Escalation of Iran War

May WTI crude oil (CLK26 ) on Monday closed up +3.24 (+3.25%), and May RBOB gasoline (RBK26 ) closed up +0.0688 (+2.16%). Crude oil and gasoline prices rallied sharply on Monday, with crude oil posting a 3-week high after President Trump threatened to escalate the Iran war if there is...

Barchart

Trump said the Iran war was ‘very complete’ three weeks ago. Oil has surged 50% since, and analysts are warning of stagflation

Gas prices just hit their highest level since Russia’s invasion of Ukraine, and Wall Street is bracing for stagflation as the conflict spreads.

Fortune

Ukraine war briefing: Zelensky calls for ‘energy ceasefire’ – what it means

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The Independent UK

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Crude Oil Climbs on Fears of a Protracted Iran War

May WTI crude oil (CLK26 ) today is up +3.05 (+3.06%), and May RBOB gasoline (RBK26 ) is up +0.0791 (+2.48%). Crude oil and gasoline prices are climbing today, with crude oil rallying to a 3-week high after President Trump threatened to escalate the Iran war if there is no...

Barchart

Despite massive casualties in Ukraine, Russia is unlikely to run out of soldiers anytime soon – here’s why

Russia has begun a spring offensive in Ukraine, launching a major assault on the “fortress belt” of heavily defended cities in Ukraine’s eastern Donetsk region. At the same time, a wave of nearly 1,000 drones and missiles targeted civilian, energy, and transport infrastructure across a wide swath of territory in…

The Conversation

What are Ukraine's new Gulf defence deals? Here is what Zelenskyy signed

Ukraine signed 10-year defence partnerships with three Gulf countries as Zelenskyy toured the region over the weekend. What is there for the Gulf and what will Ukraine get in return?

Euronews

Ukraine allies sent ‘signals’ against Russian oil strikes

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The Independent UK

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Ukrainians chide German defense boss for jibes about 'Lego' drones made by 'housewives'

Senior officials in Kyiv are taking a swipe at the head of German defense giant Rheinmetall, whose unflattering comments about Ukrainian drone technology and the role of women in the war against Russia ignited a social media backlash

The Independent UK

'Every housewife could be CEO of Rheinmetall': Zelenskyy hits back at German weapons boss

German defence company Rheinmetall issued a public statement expressing respect for Ukraine’s defence manufacturers after its CEO mocked Ukrainian weapons and drone producers over the weekend in sexist remarks.

Euronews

Trump allows sanctioned Russian oil tanker to enter Cuba despite US blockade

The vessel is sanctioned by the United States, the European Union and the UK following the war in Ukraine

The Independent UK

Ukraine launches attack on chemical factory deep inside Russia

IN FULL

The Independent UK

Is Russia On The Verge Of A Coup? Putin Allegedly Pressured By War Supporters In Worsening Fuel Crisis

Speculation about a coup in Russia has grown amid fuel disruptions and criticism of Vladimir Putin, but officials say there is no evidence of an imminent power shift.

International Business Times UK

Ukraine war briefing: German defence giant sparks row after comparing Ukraine drone makers to ‘housewives’

Rheinmetall CEO’s dismissive comments draw pointed reaction from Ukrainian prime minister and adviser to Volodymyr Zelenskyy. What we know on day 1,496

The Guardian - AU

The Iran and Ukraine wars have merged into a single conflict, but ‘we are still not at a true world war,’ expert says

The stakes are further elevated as President Donald Trump deploys thousands of U.S. troops to the Middle East for an anticipated ground assault meant to reopen the Strait of Hormuz.

Fortune

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Fortune

Russia was expecting a windfall from soaring oil prices, but relentless Ukrainian drone attacks are devastating nearly half its export capacity

Ukraine launched a series of drone attacks on Russia’s top export hubs, including Novorossiysk on the Black Sea as well as Primorsk and Ust-Luga on the Baltic Sea.

The Conversation

Can countries replace SWIFT? Evidence from Russia suggests not easily

When Russian banks were cut off from the SWIFT messaging system in 2022, the move was seen as one of the strongest financial sanctions imposed after the invasion of Ukraine.

Radio France Internationale

Hungarians' growing anger at living in EU's 'most corrupt state'

Hungarian leader Viktor Orban's officially declared wealth is fairly modest: some savings and a jointly owned villa in Budapest. But voters in what Transparency International deems the EU's most corrupt country believe otherwise.

The Times of India

'Provided satellite images': Zelenskyy alleges Russian link behind Iranian strikes on US bases in Middle East

Ukrainian President Volodymyr Zelenskyy claimed that Russia captured satellite images of US air bases in the Gulf region, including Prince Sultan Air Base in Saudi Arabia, “multiple times” ahead of an Iranian attack.

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The Guardian - AU

Ukraine war briefing: Zelenskyy drums up defence agreements with Gulf states on countering missiles and drones

Ukraine leader says signs with Qatar and Saudi Arabia, with one to come with the United Arab Emirates, as Iran presses aerial campaign against neighbours. What we know on day 1,495

The Independent UK

Zelensky condemns Russian drone strike on Odesa as ‘pure terror’ after maternity hospital hit

Russia launched an overnight drone attack on the city of Odesa, southwestern Ukraine, Volodymyr Zelensky has said.

The Independent UK

Zelenskyy visits Gulf Arab states to talk drone defense and seek strategic ties

Ukrainian President Volodymyr Zelenskyy has made unannounced visits to the United Arab Emirates and Qatar as Kyiv seeks to use its drone expertise to help Gulf Arab states blunt Iran’s attacks while the war in the Middle East rages on

The Times of India

Ukraine signs defence pact with Qatar after Saudi deal, expands drone warfare cooperation

Ukraine has inked new defence pacts with Qatar and Saudi Arabia, following a similar agreement with the UAE. These deals focus on drone warfare expertise, joint projects, and technological exchange. Kyiv aims to leverage its experience countering Russian drones to assist Gulf nations facing threats, potentially trading its interceptors for…

The Independent UK

The Latest: Iranian-backed Houthi rebels claim responsibility for missile attack on Israel

Israel has intercepted a missile fired from Yemen, the first time it had faced fire from that country since the war in the Middle East erupted last month

Euronews

MEPs urge Commission leaders to stop Russia from returning to the Venice Biennale

MEPs have urged European Commission leaders to prevent Russia from participating in the Venice Biennale. The move has been backed by Ukraine's foreign policy chief who says "Russia rejects all proposals to end the war and rejects the dialogue that the organizers of the exhibition claim."

Euronews

Qatar and Ukraine sign defence agreement as Zelenskyy's Gulf tour shapes new partnerships

Ukrainian leader Volodymyr Zelenskyy arrived in Doha on Saturday amid his tour around the Gulf region, one month since the beginning of the Iran war.

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