Novatek profit plunges 62 percent as sanctions hit LNG business

Russian energy company Novatek reported a sharp drop in net profit for 2025, underscoring the growing strain Western sanctions are placing on Moscow’s liquefied natural gas sector. The country’s largest LNG producer said net income fell to 183 billion rubles, or about 2.37 billion dollars, down more than 62 percent from 493.5 billion......

Zelensky announces sweeping overhaul of Ukraine air defenses

President Volodymyr Zelensky said Monday that Ukraine is undertaking major changes to its air defense operations, with some regions undergoing what he described as an almost complete reconstruction of their protective systems as Russia continues sustained drone attacks on civilian infrastructure. The announcement came during his evening address......

Ukrainian drones ignite major oil refinery in Russia’s Volgograd region

Ukrainian drones struck a major oil refinery in Russia’s Volgograd region overnight from February 10 to 11, sparking a fire at the facility operated by Lukoil. Russian media described it as the first attack on the refinery this year, as both sides continue targeting each other’s energy infrastructure during one of the harshest......

Russian oil tankers list Singapore as destination as India cuts imports

Russian oil exporters are increasingly declaring Singapore as the official destination for crude shipments, signaling a shift in trade flows as India scales back purchases following a new trade agreement with the United States, according to maritime data from LSEG and market traders. In January, tankers carrying around 1.4 million metric......

Estonia says Russia does not plan NATO attack in near term

Estonia’s Foreign Intelligence Service said in its 2026 annual report on Tuesday that Russia does not intend to launch a military attack on a NATO member state this year or next year. The 86-page assessment, however, warned that Moscow is rebuilding its military capabilities at speed as European nations accelerate their own defense spending. Kaupo......

Russia arrests third suspect in attempted GRU general assassination

Russia’s Federal Security Service said on Tuesday it had detained a third suspect linked to last week’s attempted assassination of Colonel General Vladimir Alexeïev, one of the most senior figures in Russian military intelligence. The arrest comes as Moscow continues to accuse Ukrainian intelligence services of orchestrating......

EU’s Kallas outlines conditions Russia must meet for Ukraine peace deal

The European Union’s top diplomat, Kaja Kallas, said she will put forward a set of demands that Europe believes Russia must accept as part of any agreement to end the war in Ukraine, stressing that no peace settlement can be concluded without EU involvement. Speaking to reporters in Brussels, Kallas said Europeans must be recognised......

Greece and Malta oppose EU ban on Russian oil shipping

Greece and Malta have pushed back against a proposed European Union ban on maritime services for Russian oil shipments, citing concerns about the impact on Europe’s shipping sector and energy prices. The objections were raised during a meeting of EU ambassadors held days after the European Commission unveiled its 20th package of sanctions......

Russia accuses United States of abandoning proposed Ukraine peace plan

Russia’s foreign minister Sergey Lavrov accused the United States on Monday of retreating from a peace proposal it had put forward during a summit between presidents Donald Trump and Vladimir Putin in Alaska last year, highlighting renewed friction in already fragile diplomatic efforts to end the war in Ukraine. In an interview with......

Kremlin says talks underway to help Cuba amid stifling US sanctions

The Kremlin said on Monday that it is holding negotiations with Cuba to provide energy assistance, accusing the United States of imposing what it described as stifling sanctions on the island, even as the United Kingdom threatens military action against Russian oil tankers involved in such deliveries. Kremlin spokesperson Dmitry Peskov told......

Vance arrives in Armenia for first-ever US vice presidential visit

Vice President JD Vance arrived in Armenia on Monday, becoming the first sitting US vice president to visit the country, as Washington moves to solidify a peace framework between Armenia and Azerbaijan while expanding American influence in the strategically important South Caucasus. The two-day visit to Armenia runs through February 10 and......

Four civilians, including a child, killed in Russian night attacks in Ukraine

At least four civilians, including a 10-year-old boy, were killed in overnight Russian airstrikes across various regions of Ukraine, local authorities reported on Monday. In the southern port city of Odessa, hit by drone attacks, rescuers were seen performing CPR under the light of portable lamps amid burning, damaged buildings. Ukrainian......

Trump announces anticipated visit of China's Xi to the US later this year

US President Donald Trump has announced that he expects Chinese President Xi Jinping to visit the United States toward the end of 2026. The announcement follows a recent comprehensive conversation between the two leaders covering trade, Taiwan, Russia's war in Ukraine, and developments in Iran. Trump indicated that he himself will travel......

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