Humanity in for all-time high oil prices — Dmitriev The energy crisis tsunami is coming, Russian Presidential Special Representative for Investment and Economic Cooperation with Foreign Countries said MOSCOW, July 23. /TASS/. Humanity will witness the highest oil prices in history because of the impending energy crisis, Russian Presidential Special Representative for Investment and Economic Cooperation with Foreign Countries and CEO of the Russian Direct Investment Fund Kirill Dmitriev said. "We will see the highest oil prices in the history of humanity. The energy crisis tsunami is COMING," he wrote on X. Dmitriev called this assumption "a humble prediction." In the afternoon, the Brent price on the ICE exchange broke through a $100 per barrel mark for the first time since May 26. In late afternoon, the prices set a new record of above $101, unseen since May 22. According to Dmitriev, the price is now heading towards a mark above $150 per barrel. Zimbabwe joins BRICS New Development BankFinance and Economic Development Minister Mthuli Ncube said that it is a positive step in securing credit linesRead moreFACTBOX: Putin outlines state of economy, fuel market, regional supportThe key sectors of the Russian economy remain resilient, the Russian president saidRead moreUS completes strikes on Iran — Central CommandAccording to the statement, US forces struck maritime capabilities, missile and drone storage facilities, coastal surveillance sites, and air defense assetsRead moreUS air campaign against Iran running out of steam — PoliticoAccording to the report, the conflict is unlikely to shift decisively without a major escalation, including the deployment of ground forcesRead moreWest makes no secret that it needs Ukraine for resources — Russia’s UN missionDeputy Permanent Representative Dmitry Chumakov separately said that during the military interventions in Iraq, Libya, and Syria "the battle for political clout was accompanied by a struggle for natural resources"Read moreMost Moldovans oppose unification with Romania, NATO accession — pollThe poll surveyed 1,015 respondents between July 10 and 20Read moreUkrainian army retreating from Pisarevka in Sumy Region to Khoten as Russia advancesAccording to Andrey Marochko, Russian troops regularly strike Khoten with fireRead moreIran continues to produce missiles at facilities unknown to US — IRNAThe production of drones and missiles in Iran did not stop during the war or during the ceasefireRead moreUS deploying forces to Middle East preparing to expand operations against Iran — WSJSources cited by the newspaper say that special operations forces have been deployed to the Middle East from bases in the US over the past weekRead moreRussian ambassador explains special military op rationale, aims to Czech foreign ministerAccording to Anna Ponomaryova, appeals for the "end of the war" are baffling, coming from a high-ranking official of a country that is actively 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five years due to vulnerable power gridWork to protect Kiev’s critical infrastructure only began in May 2026 and is 49% completeRead moreFACTBOX: Oil price cap freeze, bank restrictions in EU’s 21st sanctions packageThe EU has banned its banks from conducting cross-border transactions with 32 Russian banks, European Commission President Ursula von der Leyen saidRead moreUkrainian agriculture to suffer most from country's port closure — expertAlexander Dudchak said that recently grain terminals in Ukrainian ports reduced their operations by about a third, and cargo transshipment volumes began to decline sharplyRead moreIranian military sees possibility of allowing some ships to cross Strait of HormuzVessels are allowed to pass "in accordance with the established route and in line with the previously announced rules," the statement readRead moreUS to use another ceasefire with Iran to plan ground operation — expertRuhollah Modabber believes that the ten-day ceasefire period will enable the US to arrange logistical routes and redeploy troops without worrying about a potential Iranian attack against its targetsRead moreSyrsky knew about shady procurement schemes, Germany unhappy with his dismissal — sourcesThe Russian military sources say that German Foreign Minister Johann Wadephul explicitly stated that he would review Vladimir Zelensky's personnel decisionsRead moreJapan's foreign minister recounts first contact with Russian counterpart in six yearsToshimitsu Motegi emphasized the importance of managing Japan-Russia relations thoughtfullyRead moreTwo people killed, 11 wounded following strike on checkpoint at Iran-Iraq border — TVLocal authorities say that the border crossing continues to operateRead moreEU ambassadors fail to agree on 21st package of anti-Russian sanctions — sourceThe European commission earlier proposed to ambassadors a draft version of its sanctions package with softer restrictions on Russian LNG transportation to third countries by European 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Gusev says air defense forces spent the night repelling the attack on civilian targets, it is too early to provide full detailsRead moreLavrov reaffirms Russia’s commitment to Alaska agreements at meeting with RubioIn addition, the top Russian diplomat emphasized that further weapons supplies to Kiev were unacceptable, the Russian foreign minister said Read moreRomania faces fuel crisis due to Ukrainian attacks on CPC tankers in Black Sea — expertAdrian Negrescu said that crude oil supplies via the Caspian Pipeline Consortium system to the Novorossiysk terminal were cut off Read moreLavrov refutes Kiev’s lies about situation at front to Rubio — MPThe Russian foreign minister also confirmed the readiness of the Russian side for negotiationsRead moreMeeting between Rubio, Lavrov on sidelines of ASEAN events scheduled for 06:50 Moscow timeThe schedule is subject to change, the US State Department warned without elaboratingRead moreFormer Ukrainian soldier recounts story of his desertion, coming to RussiaAccording to Vladimir Lipka, while he was serving in the Sumy area, he saw Americans in the ranks of the Ukrainian armed forcesRead moreIN BRIEF: Ukrainian military reshuffle with new commander-in-chief, General Staff headUnder Ukraine’s national security law, Zelensky may appoint a new commander-in-chief only upon the recommendation of a serving defense minister, a position that is currently vacantRead moreUkrainian troops shell DPR settlements 28 times in 24 hours firing 30 rounds of ammunitionTwo civilians were killed and ten injuredRead moreRussian diplomat warns of rising risks to shipping in Strait of Hormuz, Red SeaMaria Zakharova says tensions in the Persian Gulf area are escalatingRead moreTanker damaged by projectile off Saudi Arabian coast — UK Maritime Trade OperationsThere have been no reports of casualtiesRead morePutin to hold meeting with lawmakers on July 27 — KremlinAccording to Spokesman Dmitry Peskov, the discussion is expected to focus on results of 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development in the context of the EU militarization, the Russian foreign minister notedRead moreRussian forces pound Ukrainian ports, vessels, logistics centers used for military goalsRussian ground-based and air-launched precision-guided weapons and attack UAVs hit a dry cargo ship at the Chernomorsk port as it was unloading supplies intended for the Ukrainian armed forcesRead moreRussia not to concede to West in confrontation in Ukraine — expertHanna Notte added that since the beginning of the Ukrainian crisis, Moscow has gained support from non-Western countries that have refused to make "a binary choice between Russia and the West"Read moreFailure of information war against Russia forces US to revise approaches — expertSergey Grinyaev noted that the US and its allies had been unable to break the will of the Russian people or weaken the Russian leadershipRead moreLavrov-Rubio conversation confirmed hope for common sense, says senior Russian legislatorGrigory Karasin emphasized that 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assistant to the Iranian Foreign Minister and Director General for Eurasian Affairs at the Iranian Foreign Ministry, Manouchehr Moradi, was received by Russian Deputy Foreign Minister Mikhail GaluzinRead moreEC acknowledges EU failed to ban entry for participants in Russia's military operationThe European Commission president made no mention of the ban on transporting Russian liquefied natural gas to third countriesRead moreRussian Armed Forces liberate Belitskoye in DPR: what's knownThe Russian Armed Forces are conducting measures to search for and eliminate Ukrainian soldiers still hiding in the basementsRead moreUkrainian forces under Syrsky lost control of 11,500 square kilometersDespite mounting evidence, the Ukrainian military leadership stubbornly denied the deteriorating situationRead moreUS forces launching another series of strikes against Iran — Central CommandThe authority asserts that it is attacking military targetsRead more
EU adds AFK Sistema to sanctions lists
• What happened: The EU has added AFK Sistema, a major Russian investment company, to its sanctions list, citing its significant contribution to the Russian gov...