Brent crude on ICE rallies above $109 per barrel for first time since May 21

Brent crude on ICE rallies above $109 per barrel for first time since May 21 By 9:02 p.m. GMT, price gains slowed to $108.81MOSCOW, September 11. /TASS/. The price of Brent crude futures for November delivery on London’s ICE exchange rose above $109 per barrel for the first time since May 21, according to trading data. As of 11:57 p.m. Moscow time (8:57 p.m. GMT) on September 10, Brent was up 1.33% to $109.06 per barrel. By 0:02 a.m. Moscow time (9:02 p.m. GMT), Brent price gains slowed to $108.81 per barrel (+1.1%). IMF assessing potential impact of new US sanctions on Iran — spokespersonJulie Kozack said the action is relatively limitedRead moreDiplomat rips West’s video linkup with Russian opposition as ‘an offensive against Moscow’The video linkup involved more than 20 countries, including the US and the UK, according to the Russian Foreign Ministry spokeswoman Read moreNABU investigating more than 60 Ukrainian lawmakers — mediaAccording to Alexander Abakumov, head of one of the bureau’s investigative units, Vladimir Zelensky’s failed attempt to take control of NABU in 2025 only bolstered the bureau’s positionRead moreRussia to place outer space control complexes in Altai, Far East, Buryatia and Crimea"This will be a chain of next-generation specialized radio-electronic surveillance complexes," Andrei Ivashina, a deputy chief of the space segment of the Russian Aerospace Force saidRead moreJapan should not tell Russia which monuments to erect — Kremlin aideVladimir Medinsky said the lessons of history should be rememberedRead moreUS should stop supporting Kiev to avoid larger-scale conflict — expertDoug Bandow emphasized that "the US and its NATO partners are now waging a costly proxy war against Russia"Read moreZNPP has sufficient diesel fuel for long-term operation of generators in autonomous modeAccording to the ZNPP management, the situation at the ZNNP is under complete controlRead moreRussia and China are working on over 80 priority projects worth $200 bln — ambassadorAccording to Igor Morgulov, systematic and coordinated efforts have been undertaken to transition mutual settlements to national currencies, while investment cooperation is actively developingRead moreGlobal economy coping with aftermath of war against Iran better than expected — IMFAccording to IMF Spokesperson Julie Kozack, the global economy has weathered the shocks, including the energy shock, better than fearedRead moreGlobal markets are far broader than Latvia alone — Kremlin on Riga's grain decisionDmitry Peskov added that alternative destinations always existRead moreRussia ready to supply warheads for UAVs, kamikaze drones to Malaysia — agencyAccording to the report, this concerns warheads weighing 2.5 kg, 3 kg, and 5 kgRead moreUkraine's Naftogaz says Gazprom wants to end gas compensation contract June 23The decision to terminate the contract “has no economic substantiation and increases the risk that Gazprom fails to perform its contractual obligations to European customers,” Naftogaz saysRead moreFinland finishes building fence on border with RussiaThe project launched in 2024 cost an estimated €365 million, according to the border guard of the Nordic countryRead moreCambodia becomes dialogue partner in SCOThe memorandum was signed on Thursday in the framework of the Eurasian Economic Forum in China’s north-western city of Xian by Cambodia’s Foreign Minister and SCO Secretary GeneralRead moreMarket covering area of 1,200 sq m on fire in VolgogradMore than 60 firefighters, supported by 27 units of equipment, are battling the blazeRead moreDeflation in Russia equals 0.01% from August 25 to 31 — RosstatConsumer prices in Russia have lost 0.08% since the beginning of August, and have gained 4.67% year-to-dateRead moreIOC confirms no grounds found to penalize Yelena Isinbayeva — statementThe IOC ethics commission believes that the athlete had no contractual relationship with the Russian armed forcesRead moreFourteen Russian tennis players to hit court in New York at 2026 US OpenThe 2026 US Open is played on outdoor hard courts at the USTA Billie Jean King National Tennis Center in New York between August 30 and September 13Read moreTorched ship in China flying Liberian flagChinese President Xi Jinping called for a prompt investigation into the cause of the fireRead moreSome 100 combat aircraft involved in post-Soviet bloc's air defense drillsMilitary units from Armenia, Belarus, Kyrgyzstan, Russia and Tajikistan are taking part in the drillsRead moreRussia's LNG supplies to China rise by 41% to 3.9 mln tons in January-JuneRussia is third in terms of the physical volume of LNG purchased by ChinaRead moreTrue spirit of Nobel Prize now lost — de Gaulle’s grandsonPierre de Gaulle said the Nobel Prize is now awarded to certain figures, dissidents or people who simply want to sell the award or give it to someone else for political reasonsRead moreUkraine’s Achilles heel, possibility of energy truce: Peskov’s statementsThe Russian Presidential Spokesman added that there are currently no contacts between the Kremlin and representatives of European countriesRead moreTrump denies Iran deals damage to US aircraft at Jordan airbaseA spokesman for the Islamic Revolutionary Guard Corps earlier said its aerospace forces had struck the Muwaffaq Salti and Prince Hassan airbases in Jordan, which are used by the US Air ForceRead moreSystem for controlling drones without satellite navigation unveiled in RussiaGeoscan’s solution was named the best in the "Autonomous Navigation" category based on the results of three days of testingRead moreRussian forces evacuate more than 20 wounded Ukrainian soldiers left in AvdeyevkaThe Ukrainian side fled from Avdeyevka even before the leaving the city was announced and left their wounded to die, the operational services of the Donetsk People's Republic told TASSRead moreRussia, China sign agreement on cooperation in developing new heavy helicopterRussia and China will cooperate in all efforts to develop the new heavy helicopter, called Advanced Heavy Lift, and its batch productionRead moreEurope unable to finance all of Kiev’s requests this year — WSJVladimir Zelensky’s multibillion-dollar requests "couldn’t come at a worse time for European governments," the newspaper wroteRead moreLatvia 'inspired' by transatlantic methods regarding tariffs — KremlinDmitry Peskov said that trade wars are continuingRead moreRussia destroys 675 Ukrainian warplanes over course of special opThe Russian Defense Ministry published footage of a Ukrainian Air Force MiG-29 being destroyedRead moreRussia, Iran aim to implement joint projects in South Caucasus — Russian MFAThe ministry said that a productive exchange of views took place regarding a number of current bilateral and regional issuesRead moreAlgeria to close its airspace for UAE planes from September 11According to the national Defense Ministry, an exception will be made for "civil commercial UAE flights to Houari Boumediene International Airport in Algiers and from it"Read moreIAEA new anti-Iranian resolution fraught with new round of escalation — Russian diplomatMikhail Ulyanov said that the US and the E3 nations are systematically turning the IAEA Board of Governors into a "conveyor belt of provocative anti-Iranian attacks"Read moreMeetings between Chinese, US leaders benefit global economy — IMFWashington has publicly signaled on several occasions that it hopes for a reciprocal visit by the Chinese President this autumnRead moreUS expands intelligence sharing with Riyadh amid conflict with Houthis - CNNThe cooperation is being carried out within the framework of a joint command formed several weeks agoRead moreEight civilians injured after attack by Ukrainian uncrewed boats on SochiThe beach infrastructure and an adjacent embankment section were partially damagedRead moreAfD MP criticizes German government for 'squandering billions' on UkraineAccording to Gottfried Curio, more than €100 billion has already been allocated to UkraineRead moreRussia, Iran discussing large volumes of wheat supplies from Russia — ministerRussian Energy Minister Sergey Tsivilyov added that Moscow and Tehran are rapidly developing a joint space programRead moreVTB’s Shanghai branch expands client base 20-fold in 2024According to branch manager Ilya Shkonda, VTB’s Shanghai branch operates as a local bank and is therefore directly connected to China’s interbank payment system, CNAPSRead moreIN BRIEF: Kremlin aide on Putin’s India visit for BRICS summit, series of bilateral talksIn the course of the visit, the Russian president will hold meetings with several international leadersRead moreKremlin comments on upcoming Putin-Trump meetingRead moreBrent crude price on ICE tops $107 per barrel for first time since May 21 — trading dataWTI crude futures for October delivery rose by 5.65%Read moreRussia and China plan to sign contract on heavy-lift helicopter design in 1-2 monthsMil Moscow Helicopter Plant is engaged in building power transmission, gear case and windshield antiicing system of the new rotorcraftRead moreRussian contingent at 2026 Olympics will be max 15-20 athletes — sports ministerRussian Sports Minister Mikhail Degtyarev said that every victory will be worth its weight in goldRead moreShare of national currencies in payments within CIS over 85% — PutinThis figure continues growing, the Russian leader notedRead moreUkraine introduces special regime on border with Russia, BelarusUkraine’s State Border Guard Service said the measure is in force, as long as the martial law remains in placeRead moreFuture belongs to human, machine symbiosis — Russian official"Anything related to creative work will rely on this symbiosis, which will play a very large role," Russian Presidential Administration Deputy Chief of Staff Maxim Oreshkin saidRead moreGas prices in Europe reach levels seen during late 2022 energy crisis — GazpromThe holding company believes that high gas prices and lagging storage injection rates increase risks to the reliability of gas supplies for European consumers during the cold seasonRead moreKiev forms cyberterrorism structure under NATO auspices — MFASpokeswoman Maria Zakharova stressed that organized Ukrainian forces were tasked with carrying out extremist acts against Russian civilian infrastructure under the guise of fraudRead moreCivilian killed as Ukraine launches 448 drones at Russia overnightTwenty-eight civilians were injured in a Ukrainian unmanned boat attack on the seafront in the Black Sea resort of SochiRead moreMoscow Exchange upgrades MegaFon’s shares to highest quotation listRead moreUkraine’s attempt to break out of encirclement disrupted: enemy lossesBattlegroup North units have taken control of Zarubinka and Goptovka in the Kharkov regionRead more14 booster rockets to be launched in Russia by yearend - GeneralSpace Troops commander Lt-Gen Oleg Ostapenko told a news conference on TuesdayRead moreBattlegroup South infantry begins assault on Druzhkovka — Russian Defense MinistryAccording to the report, the units are operating according to a standard planRead moreGlobal energy market shock not over yet — IMFAs the IMF warned in an analytical note published in mid-July, a significant portion of the capacity to mitigate the global energy crisis sparked by the war involving the US, Israel, and Iran has already been exhaustedRead moreRussian Investigative Committee says some of Kratovo shooter’s weapons come from ChechnyaThe shooter had possessed a large number of munitions, hand grenades, smoothbore weapons and a Mauser pistol. The weapons that he used during the incident were old-typeRead moreVance greeted as next US president at closed meeting in Texas — PoliticoAttendees chanted the number 48 during Vance's speechRead moreMaduro's wife asks US court to release her from custody due to heart problemsAccording to her lawyers, Flores underwent heart surgery even before her capture and removal from VenezuelaRead moreTwo killed, seven wounded in drone attacks on DPR in past dayAlso, eight houses, nine civil infrastructure sites, an ambulance vehicle and three cars were damagedRead moreRussia’s Yandex to buy popular automobile portalRead moreRussia’s international flight network covers 37 countries — Transport MinistryRussian Deputy Transport Minister Vladimir Poteshkin said it includes regions in the Middle East, Asia, the CIS, and AfricaRead moreMillions of KVN fiber-optic drones delivered to Russia’s special op zone — developer"To this day, the KVN’s effectiveness as a frontline strike drone has not diminished," Alexey Chadayev said Read moreIran destroys US reconnaissance drone boat in Strait of Hormuz — IRGCThe Islamic Revolutionary Guard Corps said the strike thwarted the "aggressive mission"Read moreNo decline in Russians’ confidence in Vladimir Putin Sociologists say consolidation of Russians around the president’s policy has been burgeoning upon the results of the outgoing yearRead moreRussia’s gold production up 5.2% in 11M 2024 — statisticsIn November 2024, gold production edged up by 1.4% year-on-year but plunged by 13.2% month-on-monthRead moreRussia calls on West to abandon intent to renew sanctions against Iran — envoy to UNRussia's Permanent Representative to the UN Vasily Nebenzya noted that Russia "will continue to obstruct attempts to revive Committee 1737" on sanctions regarding Iran's nuclear programRead moreRussian ambassador’s escort car drives into mine in Pakistan, policemen injuredRussian diplomats were not hurtRead moreUkrainian military suffers 100 casualties near Novoselovskoye, six troops surrenderIn addition, the Russian Defense Ministry released footage of the battle in the Kupyansk area, during which the troops of Battlegroup West liberated NovoselovskoyeRead moreCancellation of Ukraine’s non-aligned status to fuel world tensionsThe act cancelling Ukraine’s non-aligned status with a view to the possibility of joining NATO someday, which the country’s parliament, the Verkhovna Rada, voted for on Tuesday, will by no means promote stability in Ukraine or enhance European securityRead moreWest’s powerful structures, finances behind Navalny’s actions, diplomat saysThe Foreign Ministry spokeswoman said the scheme envisaged astronomical sums of money to be invested to rock the boat in RussiaRead moreRussia can raze Kiev to ground but feels responsible for humankind’s future — MedvedevSecurity Council's deputy chairman called this scenario "a point of no return for the entire planet"Read moreForeign firms' losses from exiting Russian market exceed $107 bln — ReutersAbout 1,000 companies exited the Russian market over the past two years, the agency said, citing a report by Yale School of ManagementRead moreRussia cuts LNG supplies to Europe to five-year low in AugustEurope's total LNG imports in August amounted to 10.5 bln cubic meters, according to European think tank BruegelRead moreGermany's gas storage facilities could be empty by early February — INESAs of September 6, gas storage facilities were 54% fullRead moreUkrainian drone intercepted over Black Sea — Russian Defense MinistryEarlier today, it was reported that a naval fighter jet destroyed another fixed wing drone over the Black SeaRead moreSlovak police foils attempted arson at drone production facilityCharges have been brought against three foreignersRead moreAlrosa transfers largest gem-quality diamond in Russian history to state repositoryRussian diamond miner Alrosa recovered the 468.30-carat crystal, which measures 56x54x22 millimeters and features a unique fancy amber colorRead moreRussian embassy says German Consulate General in Russia closed as tit-for-tat responseRussian diplomats called it notable that "the German side describes its actions as a 'measured and proportionate' response to Russia’s 'hybrid threats'"Read moreSino-Russian economic ties firm, have great prospects — expertTrade turnover between China and Russia exceeded $158 bln in January-August, which is 1.9% higher than in the same period last year, Ding Jianwei notedRead moreUS redirected 96 commercial ships during its blockade of Iran — CENTCOMAccording to the statement, more than 50 vessels supporting humanitarian aid have been allowed to passRead moreRepublic of Congo starts exporting LNG from project with Lukoil participationThe volumes will be marketed by Eni, strengthening and expanding the company’s LNG portfolio, and supporting efforts towards energy security and transition, the company saidRead moreRussia is fully compliant with INF Treaty, top brass saysThe head of the Missile Troops and Artillery of Russia’s Ground Forces noted that the ongoing US campaign on accusing Russia of violating the INF Treaty is groundlessRead moreRussia plans to hold talks on Su-57 jet exports at Dubai AirshowRussian Federal Service for Military-Technical Cooperation Director Dmitry Shugayev noted that the Su-57 is a high-tech military product whose creation involves many suppliersRead moreRuined sports careers: ISU denies neutral status for Russia’s Valieva, KondratyukTASS has compiled the key facts surrounding the International Skating Union’s decisions regarding Russian figure skatersRead moreRussian ambassador says Russia, US are in talks on world orderAt the same time, it was mentioned that by now, now contacts between the parties are planned Read moreRussian stock indices up as trading closes on Moscow ExchangeThe MOEX Index surpassed the monthly high set on Tuesday and remains firmly in positive territoryRead moreLithuania switched to euro as national currencyThe euro went into circulation on January 1, 2015 and Lithuanian citizens had two weeks to exchange the previous currency, litasRead moreLavrov recalls Putin’s words that if Europe attacks Russia, the war will be 'short'The Russian foreign minister noted that the head of state repeated several times that Moscow is not going to attack several timesRead moreRussia cut oil production by 160,000 bpd month-on-month in August — OPECCurrently, Russian oil production is limited by the OPEC+ agreementRead moreRussia surpasses US in experience of next-generation warfare — Foreign AffairsAccording to the article, Moscow now fields one of the world’s strongest militariesRead moreYemeni leader urges to prevent Hormuz scenario in Bab el-Mandeb StraitAl-Alimi claimed that Tehran was using the military campaign by the rebel Ansar Allah (Houthi) movement to shift the burden of the conflict to neighboring countriesRead moreRussian Finance Ministry expects capital outflow from Russia in 2015 at $60-80 billionThe Finance Ministry’s optimistic scenario stipulates that the oil price will fall to $80 per barrel, and its pessimistic scenario envisions that the price will drop to $60 per barrelRead moreMoscow considers rating cuts part of West’s economic war on Russia — Foreign MinistryRussian Foreign Ministry’s official spokesman is convinced that the BRICS countries need to speed up the consultations on this important issue for their economiesRead morePutin identifies political reform guidelines, promises to go ahead with purifying authoritiesHe agreed to get back to a mixed system of State Duma elections and suggested discussing the possibility of creating political blocsRead moreMerz says party's defeat in Saxony-Anhalt vote no reason to resign as German chancellorThe German chancellor explained that he sees it as his duty, as well as the federal government's, to "open up opportunities for the next generation"Read morePentagon admits Iran seriously damaged US Navy facilities in BahrainAs Washington-based The Epoch Times correspondent Ryan Morgan reported, Acting Navy Secretary Hung Cao told him in an interview that Iran’s strikes "blew the hell out of Bahrain"Read moreRussian Helicopters confirms agreement with Egypt for 46 Kamov Ka-52 aircraftIt was earlier reported that Russia would supply the deck-based version of the Ka052 helicopter to EgyptRead moreRussian Progress to dump space waste into Pacific Progress cargo spacecraft carrying over a ton of waste from the International Space Station will splash down in the Pacific Ocean on SaturdayRead morePutin discusses special military op issues with military leaders daily — Kremlin spokesmanDmitry Peskov said that appropriate measures are being taken with regard to the increased intensity of Ukrainian attacks on Russian cities along the Black SeaRead moreSport. What Will Be Done?Read moreHungary wants compensation from EU for rejecting Russian oil, gas — prime ministerPeter Magyar added that the energy situation remains extremely difficult worldwide, with many nations experiencing gasoline and diesel fuel shortagesRead more