VILKHIVKA, Ukraine — Mykola Riiako was digging through the debris of his war-damaged house when he paused to confess to a reporter. He was a partisan, he admitted. Pushing 70, Riiako said that when the Russians crossed the border in February, he tried to enlist in the Ukrainian defense forces. But they would not take … Read more
Head of IEA says Europe needs ‘contingency plans’ as Russia may further reduce gas deliveries amid its war in Ukraine. Russia may cut off gas to Europe entirely as it seeks to bolster its political leverage during the Ukraine crisis, the head of the International Energy Agency (IEA) said, adding Europe needed to prepare now. … Read more
US fast-food giant McDonald’s announced in May that it would leave Russia following Moscow’s invasion of Ukraine. The United States fast-food giant McDonald’s announced on May 16 that it would exit the Russian market in the wake of Moscow’s invasion of Ukraine. On Sunday, McDonald’s restaurants reopened their doors in Moscow once again under new … Read more
The average price for regular unleaded petrol rose to $5.004 a gallon on Saturday from $4.986 a day earlier, AAA says. The price of US gasoline has averaged more than $5 a gallon (3.79 liters) for the first time, data from the AAA showed, extending a surge in fuel costs that is driving rising inflation. … Read more
Former McDonald’s restaurants set to reopen under new branding and ownership in Russia. The new fast-food chain that will take over McDonald’s in Russia has unveiled its new logo before its relaunch. The new logo design shows a red-orange circle and two orange lines against a green background, the image reportedly represents two sticks of … Read more
As the Russia-Ukraine war rages on, European Union members are facing a slew of energy security dilemmas. Dependent on Russia for 40 percent of its gas imports, Italy is looking to reduce this reliance – and quickly – by turning to other countries while accelerating its move towards renewables. Prime Minister Mario Draghi and the … Read more
It was an agonizing end to Ukraine’s mission to qualify for Qatar while remaining under invasion by Russia. Ukraine missed out on qualifying for the World Cup after the war-disrupted team was beaten 1-0 by Wales in the European playoff final for the FIFA football showpiece. Andriy Yarmolenko inadvertently headed the ball into his own … Read more
Brent crude is on course for a sixth straight monthly climb that would be the longest such run in more than a decade. By Paul Burkhardt and Grant SmithBloomberg Published On 30 May 2022May 30, 2022 Oil climbed to a two-month high as China eased anti-virus lockdowns and the EU worked on a plan to … Read more
GasTerra has refused to agree to Moscow’s demands for payment in roubles, the Dutch company GasTerra said on Monday. GasTerra will no longer receive gas from Russia’s Gazprom from May 31 after refusing to agree to Moscow’s demands for payment in rubles, the two companies said on Monday. GasTerra, which buys and trades gas on … Read more
The Kremlin said on Thursday that the United States, Britain and other NATO countries were “constantly” feeding intelligence to Ukraine but this would not stop Russia from achieving its military objectives there. Kremlin spokesman Dmitry Peskov was responding to a New York Times report that the United States had provided intelligence that helped Ukrainian forces … Read more
