ING cancels agreement to sell its Russian Business

Dutch banking group ING has announced the termination of its agreement to sell its Russian operations, citing regulatory obstacles that made the completion of the deal unlikely. The agreement, initially reached in January 2025 with a Moscow-based buyer, was part of ING’s broader strategy to exit the Russian market. However, the bank......

Novatek creates new company to build LNG vessels amid sanctions pressure

Russia’s leading liquefied natural gas producer, Novatek, has established a new company to develop its own fleet of vessels and floating infrastructure, as it faces ongoing challenges linked to international sanctions. The newly created entity, focused on engineering and shipbuilding, aims to address a shortage of specialized tankers......

Orban leans toward Russia over Ukraine ahead of Hungarian elections

Hungarian Prime Minister Viktor Orban has adopted a pro-Russian stance in the lead-up to the country’s parliamentary elections on April 12, using Ukraine as a focal point in his political messaging. Analysts say this strategy is designed to divert attention from domestic social issues, where his rival, Peter Magyar, has gained the upper......

Deadly strike hits Odessa as conflict between Russia and Ukraine intensifies

At least three people, including a child, have been killed following a strike in the southern Ukrainian city of Odessa, as hostilities between Russia and Ukraine continue to escalate. Local authorities reported that the attack struck residential areas, causing additional injuries and damage to civilian infrastructure. Emergency services were......

China signals cooperation with Russia to reduce tensions in the Middle East

China has expressed its readiness to work closely with Russia in an effort to ease rising tensions in the Middle East, according to recent diplomatic statements. The announcement followed a conversation between Wang Yi and Sergei Lavrov, highlighting a shared interest in promoting stability in the region. Beijing emphasized the importance......

Opec+ considers output increase amid global supply disruptions

The oil-producing alliance OPEC+ is reportedly discussing a potential increase in oil output, even as ongoing geopolitical tensions continue to disrupt global energy markets. Sources indicate that member countries may agree to raise production levels in principle. However, analysts suggest that any increase could remain largely symbolic due......

Slovak PM urges EU to lift Russian oil and gas sanctions to strengthen energy security

Slovak Prime Minister Robert Fico called on the European Union to lift sanctions on Russian oil and gas imports, restore flows through the Druzhba pipeline, and seek a resolution to the war in Ukraine, emphasizing the need to address the ongoing energy crisis. Speaking after a discussion with Hungarian Prime Minister Viktor Orban, Fico urged......

AI-powered cyberattacks reach a "pivotal moment," experts warn

The cybersecurity world is confronting a new reality: artificial intelligence has crossed a threshold that fundamentally shifts the balance between attackers and defenders. That warning emerged with force over the past two weeks, driven by a leaked Anthropic document, new data from Microsoft, and alarm signals sounded at the RSA Conference......

Pope Leo XIV calls Herzog and Zelensky on Good Friday to urge peace

Pope Leo XIV held separate telephone conversations with Israeli President Isaac Herzog and Ukrainian President Volodymyr Zelensky on Good Friday, April 3, 2026, pressing both leaders to pursue diplomatic paths to end the wars ravaging the Middle East and Ukraine. The calls, confirmed by the Vatican in a statement, mark the pontiff's most......

Yale report links Russian oil sector to deported Ukrainian children

A recent Yale University report alleges that major Russian state-owned oil companies, Rosneft and Gazprom, financially supported wartime camps where over 2,000 Ukrainian children were forcibly relocated. The report claims that the companies facilitated transportation and funding for these camps between 2022 and 2025, providing children with......

Train derailment in Russia leaves dozens injured but no fatalities reported

At least 22 people were injured after a passenger train derailed in Russia, according to regional authorities. The incident occurred in the Ulyanovsk region, roughly 900 kilometers east of Moscow. Officials reported that several carriages left the tracks near a rural station, causing significant disruption but no fatalities. Emergency services......

Global fuel prices surge as Iran conflict disrupts oil markets

Fuel prices have climbed to multi-year highs worldwide after one month of conflict involving Iran disrupted global energy flows and tightened supply. The shock has hit consumers across major economies and forced governments to deploy emergency measures to contain economic fallout. In the United Kingdom, average petrol prices reached 148.8......

Chinese stocks and bonds outperform global peers as Iran war reshapes energy markets

More than a month into the American-Israeli military campaign against Iran, China is absorbing the economic shock of oil supply disruptions and soaring energy costs, yet a growing number of analysts argue that the world's second-largest economy may be better positioned than most to weather the storm, and could emerge from the crisis with......

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