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The Latest Breaking News from Russia

Ray Dalio Warns Donald Trump's Sanctions 'Inevitably Weaken' Global Monetary Order, Reducing Dollar 'Demand'

Billionaire investor and hedge fund Bridgewater Associates founder Ray Dalio has issued a stark warning that provides a critical historical framework for the Donald Trump administration’s escalating financial wars against Russia, China, and Canada.

Benzinga

‘Ukraine’s future is our future’, says Starmer, as he vows coalition will take Russian oil and gas off market to choke funding – as it happened

Zelenskyy, Starmer and members of ‘coalition of willing’ give press conference

The Guardian - UK

Ukraine war briefing: Lithuania accuses Russia of further Nato airspace violation

Eurofighters scramble after incursion by fighter and tanker; Russian anti-tank drone kills two Ukrainian journalists at petrol station. What we know on day 1,339

The Guardian - AU

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Starmer urges Ukraine’s allies to provide more long-range weapons to strike back at Russia

Prime minister will announce that a UK missile-building programme has been accelerated to deliver an extra 140 air defence missiles this winter

The Independent UK

Keir Starmer calls on Ukraine’s allies to provide more long-range weapons

The Prime Minister will announce that a UK missile-building programme has been accelerated to deliver an extra 140 air defence missiles this winter.

Evening Standard

Honeywell Leads Dow Higher: Stock Market Today

Oil prices got a lift after the Treasury Department announced new sanctions on Russia's two largest oil companies.

Kiplinger

Crude Prices Soar on US and EU Sanctions on Russian Energy

December WTI crude oil (CLZ25 ) on Thursday closed up +3.29 (+5.62%), and December RBOB gasoline (RBZ25 ) closed up +0.0636 (+3.52%). Crude oil and gasoline prices rallied sharply on Thursday for a second day, with crude posting a 2-week high and gasoline posting a 3-week high. Crude prices surged...

Barchart

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Senators propose ‘Russia Week,’ but Trump's stance unclear - Roll Call

Leading Senate Republicans want to vote on bills to pressure Russia in Ukraine peace talks, but it’s not clear if Trump will go along.

Roll Call

'More pressure on Russia, that's the plan,' Zelenskyy tells EU leaders in Brussels

More air defence, long-range weapons and more pressure on Russia is what Volodymyr Zelenskyy believes will pressure Moscow into direct talks with Kyiv and ultimately to a ceasefire.

Euronews

Putin, Zelensky and the art of ‘playing’ the US president

This newsletter was first published in The Conversation UK’s World Affairs Briefing email. Sign up to receive weekly analysis of the latest developments in international relations, direct to your inbox.

The Conversation

Two Russian military aircraft enter NATO member Lithuania's airspace, military says

In a post on X, Lithuania's President Gitanas Nausėda slammed what he called a "blatant breach of international law and territorial integrity."

Euronews

Lithuanian president says Russian military planes violated the Baltic country's airspace

Lithuanian President Gitanas Nausėda says Russian military planes violated Lithuania’s airspace on Thursday evening

The Independent UK

Europe must go further and faster to break Russia’s war machine

THE INDEPENDENT VIEW: Editorial: Donald Trump’s sanctions on Russian oil are a welcome shift from a changeable president – but Ukraine needs its European allies to do much more to hit Putin where it hurts

The Independent UK

EU leaders fail to agree to use frozen Russian assets to defend Ukraine

Belgium derails proposal to use billions located in Brussels to fund €140bn loan to Ukraine for its war effort

The Guardian - UK

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International Business Times

US And EU Sanctions On Russian Oil And Gas: What Do We Know?

The United States on Wednesday hit Russia's two biggest oil producers -- Rosneft and Lukoil -- with sanctions, the first against Russia since US President Donald returned to office.

The Guardian - UK

Putin says he will never bow to US but concedes sanctions may cause ‘some losses’

China and India likely to scale back Russian oil imports as Trump tries to bring an end to war in Ukraine

Space

The UK military says Russia targets its satellites on a weekly basis. What can be done about it?

Russia is targeting UK space infrastructure, and in particular military satellites, on a weekly basis, according to the head of UK Space Command.

Benzinga

Oil Stocks Rally On Trump's Russia Sanctions: What's Moving Markets Thursday?

Energy markets dominated headlines Thursday as a fresh wave of U.S. sanctions targeting Russia's oil giants sparked a sharp rebound in crude prices and lifted energy shares.

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The Independent UK

Pump prices could rise after US, EU hit Russian oil companies with new sanctions and oil spikes

Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia’s oil industry in an attempt to get Russian President Vladimir Putin to the negotiating table and end Moscow’s brutal war on Ukraine

Benzinga

Oil ETFs Are Popping On Trump's Sanctions, Just Don't Call It A Comeback Yet

Oil prices are rising once more as investors absorb the Trump administration’s new sanctions on Russia’s two biggest oil producers, Lukoil and Rosneft, an action that has added new geopolitics to an already volatile market.

Benzinga

Occidental Petroleum Shares Are Trading Higher Thursday: What's Going On?

Occidental Petroleum Corporation (NYSE:OXY) shares are trading higher Thursday as prices rise after the U.S. imposed sanctions on two Russian oil companies, Rosneft and Lukoil.

Barchart

Crude Prices Soar as US and EU Ramp Up Sanctions on Russian Energy

December WTI crude oil (CLZ25 ) today is up +2.97 (+5.08%), and December RBOB gasoline (RBZ25 ) is up +0.0693 (+3.83%). Crude oil and gasoline prices are moving sharply higher today for a second day, with crude posting a 2-week high and gasoline posting a 3-week high. Crude prices soared...

The Conversation

Russia turns to an old ally in its war against Ukrainian drones: the weather

Russia has long used harsh weather as a defensive ally. During Napoleon’s 1812 invasion, his Grand Army was defeated as winter closed in – the ground became impassable and logistical support to his army collapsed. Similarly, Hitler’s Operation Barbarossa in 1941-42 was halted by heavy rains and deep mud followed…

Euronews

Three men arrested in UK on suspicion of spying for Russia, Scotland Yard says

The suspects, aged between 44 and 48, were detained at addresses in west and central London on Thursday.

The Conversation

Sanctions on Russia have failed to stop the war so far – will Trump’s latest package be any different?

Donald Trump has finally decided to hit Russia with sanctions – the first package he has imposed since he came back to the White House in January.

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