Russia Financial News

Oil prices eased on Monday as aid convoys started to arrive in the Gaza Strip over the weekend amid diplomatic efforts to contain a conflict between Israel and the Palestinian Islamist group Hamas from spreading to the wider oil-rich region. Brent crude futures fell 60 cents to $91.56 a barrel and U.S. West Texas Intermediate crude futures lost 61 cent to trade at $87.47 a barrel at 0038 GMT. For the past week, contracts rose more than 1% for a second consecutive weekly jump, on fear of potential supply disruption if the Israel-Hamas war grows into a wider confrontation in the Middle East, the world's biggest oil-supplying region. «Israel agreed to hold off its attack on Hamas following pressure from the U.S.,» ANZ Research said in a client note.

(Reuters) — Russian forces aiming to contain a four-month-old Ukrainian counteroffensive maintained unrelenting pressure on Sunday on the shattered town of Avdiivka in the east and intensified shelling in the southern area of Kherson.

By Andrea Shalal and Kanishka Singh

Mint explains. Food production in 2022-23 is estimated at a record 329.7 million tonnes, about 4.5% higher than the year before, according to the agriculture ministry. While production of major cereals like rice and wheat rose by 4.9% and 2.6%, production of coarse grains was up a sharp 12%.

NEW DELHI : A US government office is checking whether foreign banks operating in the US conformed to the G7 price cap of $60 a barrel for Russian oil, a person aware of the matter said. The US treasury department’s Office of Foreign Assets Control (OFAC) has sought details of Russian oil purchases by including those by Indian entities in the last few months, the person said on condition of anonymity. Indian banks operating in the US include State Bank of India (SBI), Bank of Baroda and Bank of India.

missile strikes killed at least six postal workers and wounded 17 others Saturday when they hit a mail depot in Ukraine’s northeastern Kharkiv region, officials said. President Volodymyr Zelenskyy shared a video on social media of what appeared to be a heavily damaged warehouse surrounded by rubble and a container with the logo of the Ukrainian postal operator Nova Poshta. The six killed in the attack were all workers at the Nova Poshta depot, located in the village of Korotych, regional governor Oleg Sinegubov said. “The victims, aged between 19 and 42, received shrapnel wounds and blast injuries,” he said. Of the injured being treated in hospital, seven were in a serious condition, Sinegubov said, adding that “Doctors are fighting for their lives”.

ANI. The Durga Puja pandal showcases model of Prime Minister Narendra Modi along with world leaders and prominent international delegates who attended the event including US President Joe Biden. The pandal also showcases Delhi's Red Fort.

By Michelle Nichols

The draft text, seen by Reuters, calls for the protection of civilians — including those who are trying to get to safety — notes that states must comply with international law when responding to «terrorist attacks», and urges the «continuous, sufficient and unhindered» delivery of aid to the Gaza Strip. It was not immediately clear if or when the United States planned to put the draft resolution to a vote. To pass, a resolution needs at least nine votes in favor and no vetoes by Russia, China, the United States, France or Britain.

Reuters, called for the protection of civilians including those who are trying to get to safety, notes that states must comply with international law when responding to "terrorist attacks", and urges the "continuous, sufficient and unhindered" delivery of aid to the Gaza Strip, Reuters reported. However, it was not immediately clear if or when the United States planned to put the draft resolution to a vote.

By Maria Starkova and Ronald Popeski

Israel-Hamas war becoming a wider conflict. Egyptian President Abdel-Fattah El-Sisi said he'd agreed with US President Joe Biden that the Rafah crossing should be open “sustainably.” The Israeli Defense Force said it was responding with live fire on Saturday to a number of launches made toward Israel by Lebanon. Lebanon's state-run National News Agency reported earlier that Israel's military struck a village near the countries' border. Switzerland's top prosecutor announced the start of a criminal investigation into alleged payments made to Hamas weeks before the attacks on Israel, the Swiss public broadcaster reported on Saturday. Attorney General Stefan Blaettler said the accusation centers on financial support to a terrorist organization, while declining to say who the proceedings are directed against. Egypt opened its crisis summit in Cairo with the leaders of Italy, Qatar, the United Arab Emirates, Jordan and South Africa among those on hand, as well as senior officials from the EU, Turkey, Russia and China.

₹7,357 per bbl, having swung between ₹7,317 and ₹7,474 per bbl during the session so far, against a previous close of ₹7,330 per barrel. Also Read: Indian crude basket to average $87/bbl, OMCs to bear the brunt as oil surges 6% over Israel-Hamas war -Supporting oil prices were wide forecasts of a tightening market in the fourth quarter after top producers Saudi Arabia and Russia extended supply cuts of around 1.3 million barrels per day (bpd) till the end of the year.

₹167.50 to ₹203 apiece levels after the spread of Israel war, delivering more than 20 per cent return to its shareholders. Fertilisers And Chemicals Travancore or FACT share price has ascended from near ₹510 to ₹710 apiece levels during Israle-Palestine conflict, delivering to the tune of 40 per cent return to its shareholders. Shares of Gujarat Narmada Valley Fertilizers and Chemicals or GNFC share price has shot up from around ₹610 to ₹655 apiece levels.

Florida lawmakers will return for a special session to impose additional sanctions against Iran, express support for Israel and provide additional security to protect Jewish institutions in Florida

Indian Space Research Organisation (ISRO) on Saturday postponed the first test launch of the Gaganyaan space mission. The eight-minute test's objective was to ensure that the future crew of the mission will be safe in the module.

Also Read: Israel-Hamas War LIVE Updates 3. US President Joe Biden has sought more than $105 billion from Congress as part of a package aimed at delivering security assistance to address the ongoing conflicts in Ukraine and Israel, CNN reported. Biden said, “The request will help mitigate the global humanitarian impacts of Russia's brutal invasion of Ukraine and of Hamas' horrific attacks on Israel, including by extending humanitarian assistance to civilians in Gaza." 4.

Inbound charter flights, which ferry hundreds of foreign travellers to the sunny beaches on India's western shores of Goa every winter, continue to stare at cloudy skies. The prolonged geopolitical turmoil in Russia and Ukraine, the economic chill in several parts of Europe and an escalating West Asia conflict are mainly to blame.

By Dawn Chmielewski and Danielle Broadway

By Andrea Shalal and Jeff Mason

By Jonathan Landay and Simon Lewis