Russia-Ukraine conflict

Wheat futures hit 3.5-year high on Black Sea attacks

Chicago wheat futures surged to their highest level since February 2023 on Tuesday, as Russia's rejection of a Turkish-brokered moratorium on Black Sea attacks and fresh strikes on Ukrainian port infrastructure rattled global grain markets already reeling from a month…

MSC suspends Russia’s Black Sea port service after drone strike

MSC Mediterranean Shipping Co., the world's largest container shipping line, has suspended all new bookings to and from Russia's Novorossiysk port after a drone struck one of its vessels, marking an escalation in the conflict's disruption of commercial shipping in…

EU wheat futures fall as CIA chief’s Moscow visit stirs Black Sea hopes

European wheat futures fell on Tuesday as grain markets weighed the prospect of diplomatic progress on Black Sea shipping disruptions, even as fresh Russian strikes on Ukrainian port infrastructure underscored the fragility of global grain supply chains.

CPC oil terminal shows signs of restart after nine months offline

An oil tanker has docked at a loading buoy at the Caspian Pipeline Consortium terminal that has been out of service for nearly nine months, suggesting the facility handling 80% of Kazakhstan's crude exports may be resuming operations.

Wheat futures surge after Russia rejects Black Sea ceasefire

Chicago wheat futures rallied on Friday after Russia formally dismissed the idea of a ceasefire in the Black Sea, dashing hopes for a de-escalation of hostilities that have disrupted grain shipments from two of the world's largest exporters. December wheat…

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NATO jets shoot down drone over Latvia amid massive Ukrainian assault on Russia

NATO fighter jets intercepted and destroyed a drone that crossed into Latvian airspace early Friday, as a large-scale Ukrainian drone assault targeted Russia's major Baltic Sea port of Ust-Luga and sparked fires at the energy export hub.

Putin signs tax law to boost fuel supply amid deepening crisis

Russian President Vladimir Putin on Saturday signed a law amending the country's Tax Code, introducing new excise measures aimed at incentivizing increased gasoline supply to the domestic market as Russia grapples with its worst fuel crisis in decades.

Sports bodies ease Russia sanctions as Milan Olympics open

As the 2026 Winter Olympics opened with a ceremony at Milan's San Siro Stadium on February 6, international sports organizations are increasingly signaling their readiness to bring Russian and Belarusian athletes back into the fold—despite the ongoing war in Ukraine…