While the shipping risks in the Strait of Hormuz are widely reported, the world’s most dangerous shipping route is in the Black Sea, amid the war between Russia and Ukraine, according to a report in The Financial Times.
Tag: Ukraine
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DEMOCRATS HAVE SIGHTS SET ON ESCALATING SUPPORT FOR UKRAINE WAR, REPORT SAYS
The U.S. is just weeks away from the pivotal midterm elections where Democrats could possibly take over both houses of Congress, but given past statements and promises, a Democrat-controlled Congress would see to it that the Ukraine War continues and even escalates.
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AS FORECAST: BRENT CRUDE HIT $110 A BARREL LAST WEEK AS WARS LOOK TO BE ON THE BRINK OF ESCALATION
The price of Brent crude, the international benchmark, reached $110 a barrel on Friday after Ukrainian President Volodymyr Zelensky vowed to keep striking Russian energy targets, and reports that Ansar Allah (the Houthis) carried out successful strikes on Saudi Arabia’s infrastructure.
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RUSSIA RESPONDS TO UKRAINE’S INFRASTRUCTURE ATTACKS BY TARGETING KYIV’S ECONOMY
Russia has been carrying out new strikes across Ukraine that have been painful for Ukrainian consumers, who, for the first time in years, have seen supermarket shelves empty and a wide range of products either in limited production or no longer being produced, according to a report last week in the Financial Times.
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EUROPEAN ECONOMIES GO DOWN; UKRAINE TELLS THEM THEY NEED MORE MONEY TO KEEP WAR GOING
European countries have been footing most of the bill for the Ukraine war and promised another $105 billion loan through 2027, but piggy banks are running low and politicians are facing struggling economies, just as Kyiv requested tens of billions of dollars in additional funding to keep up the fight for the rest of the year, according to The Wall Street Journal.
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UKRAINE’S NATIONAL ANTI-CORRUPTION BUREAU WORRIES POLITICIANS, RULING CLASS IN KYIV, REPORT SAYS
Ukraine’s National Anti-Corruption Bureau (NABU), founded in 2015, has been seen inside the country as a burgeoning agency tasked with investigating top officials – some of whom have close ties with Ukrainian President Volodymyr Zelensky, the Financial Times reported.
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RAMPING UP THE WAR: FRANCE SAYS IT WILL PROVIDE UKRAINE WITH INTERCEPTOR MISSILES AFTER RECENT RUSSIAN ATTACKS
France announced on Saturday that it will provide Ukraine with missile interceptors after an increase in ballistic missile attacks by Russia in response to Kyiv’s decision to escalate and use drones to attack Moscow’s energy infrastructure.
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RUSSIA LAUNCHES NEW ATTACKS ON KYIV AS ZELENSKY SAYS NOW IS NOT THE TIME FOR ELECTIONS
Russia launched new large-scale strikes on Kyiv last week in response to Ukraine’s recent drone attacks on energy infrastructure deep inside the country in hopes of jeopardizing its wartime economy.
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VON DER LEYEN RAMPING UP UKRAINE WAR
Ursula von der Leyen, the president of the European Commission, warned last week of an “escalating campaign of threats” and hybrid warfare after Romania announced that it destroyed a naval drone as it approached a gas platform in the Black Sea.
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UKRAINE LAUNCHES ONE OF ITS BIGGEST DRONE ATTACKS ON RUSSIA SINCE START OF WAR
The Kremlin announced that it shot down about 1,500 Ukrainian drones in an attack that started in the late-night hours on Saturday and continued into Sunday, as Kyiv continues its attempt to apply pressure on Moscow’s war economy by targeting soft targets across the country.