U.S. crude oil prices fell to their lowest level since May on Tuesday, deepening a prolonged downturn that has put the market on track for its weakest annual performance in seven years. The decline reflects growing concerns over a looming supply surplus and shifting expectations around geopolitical risks, particularly the possibility of a peace agreement between Ukraine and Russia. West Texas Intermediate crude briefly dropped to $55.69 per barrel, while global benchmark Brent crude

US President Donald Trump said on Monday, December 15, that efforts to end the war between Russia and Ukraine were making unprecedented progress, describing the possibility of a peace deal as “closer than ever.” His remarks came amid a series of high-level diplomatic engagements in Europe, where Ukrainian President Volodymyr Zelensky met with key European leaders in Berlin as part of renewed international efforts to bring an end to the nearly three-year-long conflict. Speaking t

US President Donald Trump and Indian Prime Minister Narendra Modi held a phone conversation on Thursday, December 11, as confirmed by US Ambassador Sergio Gor. During the discussion, Prime Minister Modi expressed his support for President Trump’s ongoing efforts to help bring peace to Ukraine. The call comes at a time when both nations are navigating trade tensions following the United States’ decision earlier this year to impose a 50% tariff on select Indian goods. According to

Tensions between Washington and Kyiv escalated again after U.S. President Donald Trump publicly expressed disappointment with Ukrainian President Volodymyr Zelenskyy, accusing him of not yet reviewing a U.S.-supported peace proposal. Trump told reporters late Sunday that he believed Ukrainian officials were receptive to the plan, but insisted that their president had not personally examined it. His remarks added renewed pressure on Kyiv at a sensitive moment in negotiations intended to chart

U.S. Army Secretary Dan Driscoll held discussions with Russian officials in Abu Dhabi on Monday, according to a U.S. official familiar with the matter, marking the latest attempt by the Trump administration to revive momentum toward a negotiated settlement in the ongoing Russia-Ukraine war. The meetings were described as part of a broader diplomatic effort aimed at narrowing longstanding divisions between Moscow and Kyiv, which have intensified despite repeated international appeals for de-es

The United States and Ukraine announced that they have agreed on an updated peace framework designed to advance efforts to end the nearly four-year conflict with Russia. The revised approach follows a new round of intensive diplomatic discussions in Geneva, where senior officials from both nations worked to address concerns that earlier proposals leaned too heavily toward positions seen as favourable to Moscow. The previous iteration of the plan, strongly backed by President Donald Trump, had

Reports suggesting that the United States and Russia have drafted a confidential peace proposal for Ukraine have stirred uncertainty in Kyiv and prompted questions across Europe about the future direction of the conflict. The alleged initiative, first detailed in recent media reports, points to a possible framework designed without Ukrainian participation and containing concessions that could fundamentally reshape the country’s territorial and security landscape. Senior U.S. milit

The United States is preparing a major escalation in its economic pressure campaign against Russia, with President Donald Trump announcing that he supports Senate legislation enabling Washington to impose tariffs of up to 500 percent on countries that continue significant trade with Moscow. The measure represents one of the most aggressive attempts yet to curtail Russian war funding and signals growing frustration in Washington over the prolonged conflict in Ukraine. Speaking before

Hollywood actor and humanitarian Angelina Jolie has once again brought global attention to Ukraine by visiting the war-torn city of Kherson, a region still enduring the daily consequences of Russian attacks. Photographs circulating on social media this week showed the Academy Award-winning star wearing a bulletproof vest emblazoned with Ukrainian insignia as she visited hospitals and maternity wards in the embattled southern city. The visit, though not officially announced, has drawn widespre

Ukraine’s Foreign Minister Andrii Sybiha has accused Russia of deploying a missile banned under international treaties, saying Moscow’s use of the 9M729 cruise missile — known in NATO terminology as the SSC-8 — represents a serious violation of global arms control commitments and an alarming escalation in the war. The weapon, Sybiha noted, has already been used multiple times against Ukrainian targets, further heightening regional security concerns across Europe. According t

In a move reflecting deepening frustration within Washington, United States President Donald Trump has reportedly cancelled a planned summit with Russian President Vladimir Putin. The decision follows Moscow’s insistence on sweeping conditions for peace in Ukraine, which American officials have described as amounting to a demand for Ukraine’s surrender of sovereignty. According to reports, the decision came after Russia sent a detailed memorandum outlining Putin’s terms for en

In a significant policy reversal, U.S. President Donald Trump has imposed sweeping sanctions on Russia’s two largest oil producers, Rosneft and Lukoil, marking one of the most consequential economic measures against Moscow since the escalation of the war in Ukraine. The decision immediately triggered a 5% surge in global oil prices and prompted India, one of Russia’s biggest energy buyers, to reconsider its import strategy. The sanctions, announced on Wednesday, target companies

Russia has rejected United States President Donald Trump’s recent demand for an immediate ceasefire in the ongoing war with Ukraine, reaffirming its long-held conditions for peace. The Kremlin’s latest response makes clear that Moscow’s stance on the conflict remains unchanged, despite renewed diplomatic overtures from the U.S. and European allies seeking to end the devastating two-year war. Speaking at a press briefing in Moscow, Russian Foreign Minister Sergei Lavrov dismiss

Washington — U.S. President Donald Trump reiterated on Friday that India will no longer buy oil from Russia, asserting that the South Asian nation has already begun reducing its dependence on Moscow’s energy supplies. Speaking at the White House during a meeting with Ukrainian President Volodymyr Zelenskyy, Trump said the move reflects a broader international effort to isolate Russia economically over its invasion of Ukraine. “India will not be buying oil from Russia,” Trump

Washington — In a meeting with Ukrainian President Volodymyr Zelenskyy at the White House on Friday, U.S. President Donald Trump characterized the idea of supplying Tomahawk cruise missiles to Ukraine as premature, stating that diplomatic avenues toward peace with Russia should be exhausted first. The meeting follows a lengthy phone call Trump held with Russian President Vladimir Putin, and precedes a planned Trump–Putin summit in Budapest. Zelenskyy arrived in Washington on Fri

US President Donald Trump met with Canadian Prime Minister Mark Carney at the White House on Tuesday, October 7, for a high-level bilateral discussion focusing on economic cooperation and global security challenges. The meeting underscored the two nations’ long-standing partnership while also revealing areas of disagreement over trade priorities and international conflicts. According to officials familiar with the discussions, President Trump and Prime Minister Carney covered a wi

Russia has signaled close monitoring of the possibility that the United States may supply Ukraine with Tomahawk long-range missiles, weapons capable of striking Moscow. The Kremlin on Monday, September 29, downplayed the potential battlefield impact of such a move but underscored concerns about who would provide targeting data if the missiles were deployed. Kremlin spokesman Dmitry Peskov stressed that while the weapons themselves may not drastically alter the military balance, the question o

Despite Western sanctions on Russian oil, Europe continues to rely heavily on Russian gas more than three years into the Ukraine war. While leaders like Donald Trump criticize Europe for oil purchases, they rarely mention gas — a vital lifeline for heating homes, powering industries, and ensuring energy security. In 2024, Europe imported over 50 billion cubic metres of Russian gas, making up nearly 19% of its total

Russia has issued a sharp response to Ukrainian President Zelensky’s recent warning that Moscow’s top officials should know the locations of their bomb shelters if the invasion continues. Speaking in an interview, Zelensky made it clear that Ukraine would not target civilians, stressing that “we are not terrorists,” but hinted at the possibility of using advanced long-range weapons if supplied by the United States.

Ukrainian President Volodymyr Zelensky has declared that his presidency will end once the war with Russia concludes, making clear that his primary mission is to bring peace, not to extend his political career. In an interview with Axios, he emphasized, “My goal is to finish the war,” and said he would be “ready” to step down after the conflict. Elections in Ukraine have been indefinitely postp