Brent prices down below $74/bbl on ICE first time since February 27

Brent prices down below $74/bbl on ICE first time since February 27 Brent futures edged down by 4.87% to $73.94 per barrelMOSCOW, June 24. /TASS/. Brent crude futures with delivery in August 2026 dropped below $74 a barrel on London-based ICE first time since February 27 of this year, according to trading data. Brent futures edged down by 4.87% to $73.94 per barrel. The North Sea oil was traded later at $73.97 per barrel, down 4.03%. WTI futures with the settlement in this August lost 3.8% to $70.43 per barrel. Gold futures decline below $4,000 per ounce — market dataGold prices tumbled 3.92% to $3,986.8 per Troy ounceRead moreRussian troops strike Ukrainian long-range UAV assembly sites over past day — top brassRussia’s Battlegroup Center inflicted roughly 330 casualties on Ukrainian troops and destroyed three enemy armored combat vehicles in its area of responsibility over the past day, the Defense Ministry reportedRead moreRussia-US dialogue on irritants in state of certain stagnation — senior Russian diplomatDeputy Foreign Minister Sergey Ryabkov noted "small progress" in this dialogueRead moreLiberation of Ivolzhanskoye in Sumy Region expands security zone along Russian borderRussia’s Defense Ministry reported earlier on June 24 that its Battlegroup North units "gained control of the settlement of Ivolzhanskoye"Read more'Signs of shift' in US position on Anchorage, dialogue on Ukraine: Ryabkov’s statementsAccording to the Russian diplomat, Moscow remains committed to the understandings reached between Russian President Vladimir Putin and his US counterpart Donald Trump in AlaskaRead moreRussian stock market declines at start of tradingAs of 10:00 Moscow time, the MOEX and RTS indices fell by 0.78%, to 2,317.63 and 978.43 points, respectivelyRead moreWest has failed as mediator on Ukraine, cannot be taken seriously — LavrovThe foreign minister stressed that Moscow is focused is on achieving the objectives of the special military operation at presentRead moreRussian interceptor FPV drones destroy Ukrainian heavy-payload UAVs in ramming attackThe Ukrainian R-18 UAVs were uncovered by radar teams within the Battlegroup West area of responsibilityRead moreHelicopter operations held near Polish-Ukrainian borderAccording to a source in the EU air traffic control services, a helicopter belonging to one of the security agencies was patrolling the airspace at an altitude of up to 400 meters for nearly an hourRead moreWest holds back from launching drones at Russia over retaliation fears — PutinThe Russian leader pointed out that "when some Ukrainian drones fly over the Baltic states, they don’t attribute them to Russia"Read moreIN BRIEF: Kremlin comments on preparations for Duma election, irreversible defeat for KievDmitry Peskov said the situation on the front is deteriorating day by day for KievRead moreTrump threatens to cancel contacts with Iran if there is no agreement on inspectionsSpeaking to journalists, the US leader assured that an agreement between Tehran and Washington regarding the arrival of IAEA inspectors in Iran already existsRead moreTrump says Iran has 48 hours to make deal or open straitTime is running out: 48 hours remain before all hell rains down on them, US President saidRead moreIndia PM's aide mulls Moscow's BRICS initiatives with Russian Security Council secretaryThe sides reviewed progress on their bilateral cooperation in different spheres, in keeping with the India-Russia Special and Privileged Strategic PartnershipRead moreDistricts of Kherson Region completely or partially without power — governorVladimir Saldo says power workers and emergency services are already at the sceneRead moreLavrov comments on Europe’s revanchism, Zelensky's comfort playing 'fuhrer' roleThe Russian top diplomat highlighted that the current elites in Europe made no secret of their preparations for a war against Russia in the near futureRead moreIran to hit more targets if US attacks Kharg Island — ambassadorTehran’s Ambassador to Zimbabwe Amir Hossein Hosseini also expressed hope that the conflict would be resolved diplomaticallyRead moreRussia warns about countermeasures in event of Baltic region's development by NATODeputy Foreign Minister Sergey Ryabkov said a recent statement by the Nuclear Planning Group was "a reflection of the alliance’s overall super-aggressive attitude toward Russia"Read moreSituation with US visas to Russian diplomats has made some progress, much work remainsDeputy Foreign Minister Sergey Ryabkov added that American officials have begun visiting RussiaRead moreOne killed, 6 others injured in Ukrainian attacks on Russia’s Belgorod Region in past dayActing Governor Alexander Shuvayev said that Ukrainian troops attacked the Belgorod Region 75 times over the past 24 hoursRead moreMoscow to respond in case West uses Russian frozen assets — diplomatAny use of Russian assets for purposes not agreed with the Russian Federation is blatant robbery, Russian Deputy Foreign Minister Sergey Ryabkov stressedRead moreFormer British deputy foreign secretary says may run for PMAl Carns stressed that he is primarily interested in developing an updated political program for the Labour Party at the momentRead moreRussian forces crush larger part of Ukrainian troops in Konstantinovka, Krasny LimanMilitary expert Andrey Marochko said the Ukrainian defenses collapsed in some frontline sectorsRead moreBRICS countries to use common strategic reserves for mutual assistance — ShoiguAccording to the Russian Security Council Secretary, this refers to fertilizers, LNG and oil, as well as medicines and a wide variety of other goodsRead moreUS fighter jet downed over Iran likely conducted strikes on ground targets — mediaAccording to CBS News national security analyst Aaron MacLean, the pilots of the downed fighter had sidearmsRead moreMOEX Index down as morning trading session opensThe index with additional IMOEX2 ticker lost 0.09% and amounted to 2,333.74 pointsRead morePersian Gulf countries running out of interceptor missiles - BloombergIran has fired almost 1,200 ballistic missiles and 4,000 Shahed drones at the Gulf states since the start of the warRead moreUS military aircraft struck by Iran makes it to Kuwait — TVIran also fired at two US UH-60 Black Hawk helicopters conducting a search and rescue operationRead moreHungary once again holds up Ukraine's EU accession process — PoliticoHungary opposed sending a letter to the European Council and Commission on behalf of the bloc's 27 members that spells out the joint position of EU capitalsRead moreTanker with Iranian oil change course, heading to China — PTIThe change in the destination of Pin Shun appears to be payment-related, Sumit Ritolia, Lead Research Analyst at Kpler, notedRead moreEU to spend 7 trillion euros on weapons in next decade to 'outgun' Russia — ECThe European Union needs to pay the price for peace, to avoid the cost of war, European Commissioner for Defense and Space Andrius Kubilius saidRead moreUS’ new sanctions have nothing to do with supporting Cuban people — diplomatUN Permanent Representative Ernesto Soberon Guzman says sanctions only exacerbate the humanitarian consequences of the economic pressure on the countryRead moreOnly nuclear deterrence shielding world from global war — KremlinDmitry Peskov emphasized that at the same time, nuclear deference does not prevent regional conflictsRead moreRepelling drone attacks and reserves for mutual assistance: Shoigu’s statementsAccording to the Russian Security Council Secretary, BRICS member countries will use the group's common reserve fundsRead moreRussian armed forces actively implement AI, robotic systems — defense ministerAndrey Belousov emphasized the crucial role of human judgment in this technological landscapeRead moreRussia upgrades T-90 tank using troop feedback from battlefield — RostecThe knowledge of fighters is useful for modernizing hardware and creating new models, Rostec Deputy CEO Nikolay Volobuyev saidRead moreEngland, Ghana play to 0-0 draw in World Cup matchIn the final round, England will face Panama, while Ghana will face CroatiaRead moreAfD leader calls on Merz to support Costa’s initiative to resume contacts with RussiaPolitico and Bloomberg reported earlier that during the recent EU summit, the association’s largest countries, including Germany, were infuriated over European Council President’s alleged preliminary contacts with MoscowRead morePress review: UK PM to continue predecessor policy as US reshapes oil market beyond OPEC+Top stories from the Russian press on Tuesday, June 23rdRead morePostponement of State Duma elections not under discussion — Kremlin spokesmanDmitry Peskov said that preparations for the elections are in progressRead moreRussia says no intention to dismantle elements of strategic stability with USDeputy Foreign Minister Sergey Ryabkov noted that hotlines between Russia and the US continue to operateRead moreRussian artillery wipes out Ukrainian UAV control posts in Kharkov RegionThe Russian Defense Ministry reported that Giatsint-S crews delivered strikes by 152mm high-explosive fragmentation shells from sheltered positionsRead moreRutte states need to increase military production on both sides of AtlanticThe NATO secretary general aslo stressed the need to replenish ammunition stockpilesRead morePolitico understands Lavrov’s article effect, refuses to publish it — MFAForeign Ministry Spokeswoman Maria Zakharova noted that such an approach is far from being called "journalism"Read moreNumber of civilians injured by Ukrainian army in June exceeds 250 per week — envoyAccording to Rodion Miroshnik, the weekly death toll ranged from 30 to 50 civiliansRead moreZelensky's threats against Belarus, response to Europe’s militarization: what is knownRussian and Belarusian presidents, Vladimir Putin and Alexander Lukashenko plan to meet soon to discuss, among other things, Zelensky's threatsRead morePeskov points to trend toward declining role of dollar as global reserve currencyThe Kremlin spokesman noted that the foundations of the international economic order are being depreciatedRead moreCroatia beats Panama in World Cup matchThe match ended with a score of 1-0Read moreEurope equally responsible for striking Zaporozhye NPP as Kiev — analystAccording to Scott Ritter, European countries need Ukraine to justify their continued existenceRead moreCuban diplomat slams US politicians for disseminating lies about republicErnesto Sobero Guzman criticized statements by US politicians regarding the situation on the island and the imposition of new sanctions against Cuban organizationsRead morePrice of Brent oil down below $76 per barrel on London’s ICEAs of 3:01 a.m. GMT, the Brent price was down by 1.48% at $75.94 a barrelRead moreAir defenses destroy 31 Ukrainian UAVs over Russian regions within six-hour periodTheu were destroyed over the Belgorod, Voronezh, Kursk, Tula, Krasnodar, Stavropol Regions, the Republic of Crimea, the Republic of Abkhazia and over the Black Sea, Russia’s Defense Ministry reportedRead moreUS Senate passes resolution to end war with IranFifty senators voted in favor, with 48 voting againstRead morePotential agreements with Europe should be within framework of Anchorage — Russian MFADeputy Foreign Minister Sergey Ryabkov added that Moscow is watching with some interest the discussions regarding a potential EU negotiatorRead moreTrust in Trump expressed by an average of 23% of respondents in 36 countries — pollAccording to data provided by the Pew Research Center, an average of 57% of respondents expressed a positive attitude towards the USRead moreUkrainian POW demands 'just punishment' for Ukraine army commanders, ZelenskyAccording to Sergey Rykov, the policy course being pursued by the Ukrainian leadership is pushing the country’s population to the brink of extinctionRead moreTrump orders probe as oil prices stay highThe US president earlier claimed that around 19 million barrels of oil exited the Strait of Hormuz on June 22Read morePharmaceutical companies leave Ukraine — Russian security forcesAccording to the source, the Ukrainian biotechnology company Biopharma intends to launch an 85 million euro production facility in Arad, Romania by the end of 2027Read morePress review: Israel-Lebanon talks reveal rift and US reassures Gulf as Iran reshapes tiesTop stories from the Russian press on Wednesday, June 24thRead moreSteps to counter threats, Kiev's attempts to upend energy sector: Putin's commentsThe Russian president instructed the government and the Defense Ministry to minimize the impact of the Ukrainian attacks on civilian infrastructureRead moreRussian Guardsmen destroy two Ukrainian army’s relay stations in Kharkov areaAccording to the report, the enemy used the devices to extend the flight zone of strike FPV drones and provide communications between unitsRead moreIsrael, US attack amusement park in central IranNo information on casualties or damage has been reported yetRead moreElon Musk loses his trillionaire statusThe US entrepreneur's fortune has fallen to $957 blnRead moreUS troop buildup near Iran not sign of any new decisions — White HouseThe United States and Israel launched a military operation against Iran on February 28Read moreKiev’s terrorist attacks cannot change situation at frontline — PutinThe Russian forces are liberating one settlement after another, the Russian president saidRead moreWest is attempting to challenge Russia's rights to its Arctic territories — MFAThe Russian Foreign Ministry emphasized that the issue of indigenous peoples' rights is being overly politicized by Western countriesRead morePilot of F-15 downed over Iran reported seeing jellyfish-like group of drones — CNNThe TV channel's sources note that US intelligence had no previous knowledge of Iran's possession of this technologyRead moreBeginning of troops withdrawal is source of disagreement between Israel, Lebanon — TVAccording to a source cited by Al Hadath, Israel adheres to the step-by-step principle and demands that the Lebanese army take concrete action on the ground and demonstrate the ability to dismantle Hezbollah infrastructureRead moreAir defenses down nearly 100 drones in Kursk Region over day — governorAlexander Khinshtein said that as a result of the attacks, a school and a private residence in Kolontayevka were damagedRead moreRussian government considers diesel fuel exports banThe situation in the Russian fuel market is "indeed challenging but controlled," Russian Deputy Prime Minister Alexander Novak saidRead moreBees on planet dying out for unknown reasons — scientistDmitry Boguslavsky says scientists thought that bees became disoriented after leaving the hive. However, even if a colony was confined to the hive with food, water, and the right temperature, all bees still diedRead moreDeutsche Bahn suspends train service across Germany due to radio communications failureAccording to some reports, the Berlin commuter train is not operatingRead moreSeven civilians wounded after Ukraine’s attacks on DPR during dayFour dwelling houses, six civilian infrastructure facilities, and five trucks were damaged in the periodRead moreRussia honors $234.8 mln Eurobond coupon payment — Finance MinistryPayments were made in accordance with the decree of the Russian Federation on the temporary procedure of honoring state debt liabilities of the Russian Federation to residents and foreign creditorsRead moreFACTBOX: Charting history of TASS media presence on ISSAnna Kikina became the first woman in the "TASS on the ISS" projectRead moreCatastrophic consequences for West, Lavrov-Rubio contacts: senior diplomat’s statementsSergey Ryabkov emphasized that Russia would not back down from its position that all agreements reached in Anchorage should be implementedRead morePutin, Lukashenko to discuss Zelensky’s threats soon — KremlinDmitry Peskov added that it will be a good opportunity to discuss other issues as wellRead moreTwo US nuclear submarines ‘closer to Russia,’ Trump says"We always want to be ready", US president addedRead moreOne person killed, one more injured in Belgorod Region during attack by Ukrainian armyA woman who sustained a shrapnel wound was taken to hospitalRead moreRonaldo gets World Cup groove back, scores two goals in Portugal's win over UzbekistanPortugal now leads Group K with four pointsRead moreUkraine’s, collective West actions may exhaust all patience — politicianViktor Medvedchuk said that a lot of Western politicians and Vladimir Zelensky are doing everything they can to bring a nuclear apocalypse closer to realityRead moreLavrov meets with UN chief candidate Espinosa — Russian Foreign MinistryMaria Espinosa presented her campaign platformRead moreContacts between Lavrov, Rubio to continue — senior Russian diplomatDeputy Foreign Minister Sergey Ryabkov added that telephone conversations between the officials can be quickly arrangedRead morePerpetrators of attack on bus carrying kids identified, wanted — Investigative CommitteeThe perpetrators will be arrested in absentia soonRead moreSerbia to stay friendly with Russia after election — expertSenior research associate at the Institute for Recent History of Serbia Milana Zivanovic emphasized that cooperation is beneficial for both sidesRead moreRoscosmos invites NASA chief to RussiaThe US Senate unanimously voted to appoint Nelson to the post of NASA chief in late AprilRead moreIran calls on Saudi Arabia to ‘eject’ US troops from regionIran’s Foreign Minister Abbas Araghchi stressed that Iran respects the Kingdom of Saudi Arabia and considers it a brotherly nationRead moreEU authorities unwilling to put brakes on growth of military budgets — LavrovThe Russian foreign minister said that Europe's military spending is increasing significantlyRead moreKiev cannot forgive Crimea for rejoining Russia in 2014 — KonstantinovChairman of the State Council of the Republic urged Crimeans to show restraint, patience, and uniteRead moreUS carries out successful test of Golden Dome missile system — top defense officialAccording to Pete Hegseth, during the test, "cutting edge directed energy was harnessed and the Dynamic Defense Autonomous Defeat system flawlessly and autonomously cued, targeted, and eliminated a multitude of incoming threats"Read moreWest facing catastrophic consequences in event of clash with Moscow — MFAAccording to Deputy Foreign Minister Sergey Ryabkov, an understanding might emerge in Western countries that "we need to lower the temperature"Read moreUS to make new decisions on Iran if it refuses to accept IAEA inspectors — RubioThe US secretary of state denied that there was no understanding between Washington and Tehran regarding the return of IAEA inspectors to IranRead moreUS-Israeli strike on humanitarian aid aircraft in western Iran reportedThe Civil Aviation Organization of the Islamic Republic called on all international bodies to take appropriate measures in response to this incidentRead moreEU aid to Ukraine frozen — BorrellThe ex-chief of EU diplomacy said the situation is similar with the approval of new sanctions against RussiaRead morePutin rejects Western allegations about Russian threat as false claimsAs the Russian leader emphasized, the West is openly discussing preparations for war with Russia and increasing its defense budgetsRead morePower outage reported in Sevastopol as Russia downs 323 Ukrainian drones overnightTwo civilians were killed each in a Ukrainian drone attack on Gorlovka in the Donetsk People’s Republic and on the Nizhny Novgorod RegionRead moreWest’s preparations for war with Russia, its readiness to respond: Putin's commentsThe leadership of NATO countries and the European Union uses false statements about the alleged Russian threat to increase their military budgets, the Russian leader notedRead moreUnited Nations, UN Security Council now devaluing — KremlinAccording to Dmitry Peskov, it is even more evident that the entire system of international relations is depreciatingRead moreUS LNG exports remain high in April, with Egypt leading wayLNG exports were 6% lower than in March and 20% higher than in April 2025Read moreSevastopol temporarily left without power due to attack on its energy infrastructureA special regime has been declared at the facilities, Governor Mikhail Razvozhayev saidRead moreRussian authorities eyeing full ban on diesel fuel exportsDeputy Prime Minister Alexander Novak said that the full ban was set on gasoline and jet fuel exportsRead more