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Fair oil price must be at around 100 dpb - Chavez

The average cost of a barrel of Venezuelan oil this week fell to 94 dollars

CARACAS, June 10 (Itar-Tass) —— Venezuela’s President Hugo Chavez believes that the fair crude oil price must be at around 100 dollars per barrel.

“We find it alarming some OPEC countries abuse oil export quotas,” Chavez told the media on Saturday.

“I am not going to name the specific countries, that’s an internal affair of OPEC. We shall discuss it in order to achieve a fair level of oil prices,” Chavez said, adding that Venezuela’s minister of oil and mining industries, Rafael Ramirez, was leaving for an OPEC meeting within hours.

The average cost of a barrel of Venezuelan oil this week fell to 94 dollars. The annual average price for Venezuelan oil was 110 dollars, more than twice higher than the forecast of 50 dollars, incorporated in the state budget for 2012. Venezuela produces 2.97 million barrels of oil per day, 2.5 million of which is exported (mainly to the U.S. and China). It is the world's fifth largest oil exporter. Venezuela has the world's largest proven oil reserves, estimated at nearly 300 billion barrels. Most of this oil in the so-called Orinoco oil belt is heavy and superheavy.

Bombs with power of 13 kilos of trotyle found in Russia’s Kabardino-Balkaria

An active accomplice of bandits was detained in the search operation and gave confessing testimony

Over 60% of Russian companies continue using Microsoft services

57% of companies replaced at least one foreign service with a Russian one over the past few years, the analysts noted

Russia ready to cooperate with all interested partners to ensure security — Putin

The Russian leader expressed confidence that the the 12th International Meeting of High Representatives for Security Issues "will bolster cooperation for the mutual benefit of our countries and peoples"

Negative trends still on rise in US-China relations — top Chinese diplomat

The United States should not cross the red lines with regard to China’s sovereignty and security, Wang Yi added

Swiss conference on Ukraine undermines European security — Russian diplomat

In Maxim Buyakevich words, neither the talks nor their outcome can change the existing political and territorial realities

Istanbul accords could have stopped hostilities in Ukraine — German newspaper

The deal still looks advantageous even after two years of war, Welt am Sonntag said

Russian troops wipe out military train with Western armaments in DPR over past day

Russian troops improved their tactical position and repelled eight Ukrainian army counterattacks in the Avdeyevka area over the past day, the Defense Ministry reported

One more suspect in Crocus City Hall terror attack arrested — police

The detention was reported earlier by the media, which said that police had captured Tajik national Djumokhon Kurbonov

Space station’s orbit raised by 1 km — Roscosmos

According to preliminary information, the average altitude of the orbital outpost was increased to 414.8 km above the Earth’s surface

Russian defense chief points to West’s double standards on right to self-defense

In this regard, Sergey Shoigu mentioned the operation that Tehran carried out "in retaliation for a blatant attack on the Iranian consulate building in Damascus"

West bends sanctions rules when it suits them — Kremlin

Dmitry Peskov noted that, "according to some parameters, companies in Europe and other regions can hardly maintain their competitiveness if they completely abandon our products"

NATO bears direct responsibility for Ukraine crisis — Chinese Foreign Ministry

Spokesman Wang Wenbin stressed that China was not providing weapons to the conflicting parties and strictly controlled dual-use goods, including the export of drones

French neo-Nazi ringleader liquidated near Avdeyevka — sources

There is confirmed evidence of his connections with French secret services

Russia vetoes US-backed UNSC resolution on banning nuclear weapons in outer space

The resolution gained 13 votes

Better situation for peace in Ukraine, threats to Belarus: new statements by Lukashenko

The head of state accused Washington of preparing a "Belarusian liberation army" and reiterated Minsk's readiness to "defend its country"

Hungary sees Ukraine conflict entering new phase, NATO involvement rising

According to the minister Gergely Gulyas, the North Atlantic Alliance "wants to provide financial assistance, as well as supply weapons and train Ukrainian soldiers"

Russia’s natural population decline shrinks by 24% yoy in January-August — statistics

The Federal Statistics Service noted that mortality in the eight months of 2023 decreased by 9.8%, and the birth rate dropped by 2.5%

Russia warns US, NATO against harming its security — diplomat

Maria Zakharova stressed that "the level of nuclear risks have risen dramatically as a result of the West’s destructive policy, which is fraught with a direct military confrontation between nuclear powers"

Putin’s inauguration to take place on May 7, senator says

According to the law, the president-elect takes office for six years

Russian national Petrov arrested in Cyprus to appeal to Supreme Court — lawyer

On April 25, the court in Nicosia ruled to extradite Artur Petrov to the United States

Poland practices transfer of mechanized brigade to Lithuania's Suwalki Corridor area

The exercise under the classified Orsha plan involves 1,500 military personnel from Lithuania's Zemaitija Motorized Infantry Brigade, Poland's 15th Mechanized Brigade, allied US and Portuguese units, as well as about 200 pieces of military equipment

US stops hiding true purpose of sanctions on Moscow, Russian envoy says

"It’s not about any mythical aspirations to resolve the conflict in Ukraine, but about banal opportunistic and predatory ambitions," Anatoly Antonov said

Abrams tanks easy targets for drones — Russian expert

According to Dmitry Kuzyakin, "as long as there is a lack of direct communication between those who make the tanks and who use them, the Abrams will not evolve to meet modern warfare requirements"

Russia grateful to DPRK for unconditional support of special operation in Ukraine — MFA

Ivan Zhelokhovtsev said that the agreements that were reached during the DPRK leader's visit to Russia represent "evidence of the mutual desire of the sides to consistently implement and expand the rich heritage" that was passed down from previous generations

Press review: Belarus' new national security strategy and Russia, US butt heads at UN

Top stories from the Russian press on Friday, April 26th

US can send Ukraine Patriot air defense systems currently deployed in other regions

US National Security Advisor Jake Sullivan added that the his country had doubled artillery production in order to help Kiev

Medvedev warns that Russia’s default may entail Europe’s default

Deputy Chairman of the Russian Security Council added that the European Union’s financial system is not very stable and people are losing confidence

Hamas fighters have destroyed more than 400 Israeli vehicles — group’s senior member

Abu Ubaida, a spokesman for the Izz ad-Din al-Qassam Brigades, the military wing of Hamas, said the brigades had completely or partially destroyed 135 units of Israeli military equipment over the past three days

Press review: US tries to strong-arm China and Zelensky's bid to bring men home

Top stories from the Russian press on Thursday, April 25th

Russia to hold next international security meeting in 2025 — top security official

The date and location will be announced later

Erdogan moves back from May 9 his trip to US — report

The report hasn’t been officially confirmed

Miguel Salgado’s ‘Shame’ wins main prize at Moscow International Film Festival

The film is focused on two teenagers Pedro and Lucio, who are forced to fight each other to the death in order to survive after being abducted

Shoigu talks about ties with NATO, attacks on Zaporozhye NPP as he attends SCO meeting

TASS has put together the highlights of Shoigu's speech

Russian defense minister dismisses his deputy Ivanov

Timur Ivanov was removed from the office of deputy defense minister of the Russian Federation of the federal government’s civil service

Ukraine’s army leaves first defensive line in Berdychi near Avdeyevka, says DPR

The Ukrainian military has suffered heavy casualties among personnel and military hardware in that community, Igor Kimakovsky said

Russian troops destroy 89 Ukrainian UAVs, 5 boats in Kherson area over past day

"Battlegroup Dnepr units conducted active counterbattery warfare and destroyed enemy drones, manpower and equipment on the right bank of the Dnieper River," Governor Vladimir Saldo said

Russia fights West’s sanctions at UN for the sake of developing countries — envoy to UN

According to the diplomat, Russia is engaged in "fierce battles on this issue in different committees of the General Assembly"

Moscow slams NATO drills near Russian borders as inflammatory

"It is obvious that the upcoming combat training on the territory of Finland is part of a hybrid war against our country," Maria Zakharova said

DPRK supports Russia in defending sovereignty, security — ambassador

The North Korean ambassador Sin Hong Chol praised the "sincere and excellent friendly relations" between Russian President Vladimir Putin and DPRK leader Kim Jong Un

Iran announces establishment of Basij voluntary naval force

According to the commander, the unit has already recruited 55,000 members and has 33,000 small vessels that are equipped with 107mm missiles

Potential nuclear facilities in Poland to be military target for Russia — senior diplomat

According to Sergey Ryabkov, discussions around the deployment of NATO nuclear facilities in Poland are an "unfolding story"

EU remains unreliable partner for Russia for now — Lavrov

Moscow hopes that Brussels will pay attention to its vital interests in the end, Russia's top diplomat said

Charles III to return to public duties soon — Buckingham Palace

The king, 75, and queen will host their majesties the emperor and empress of Japan for a state visit in June, according to the palace

Terrorist attacks occur in Iran, Russia due to US support for terrorism — Iran’s top brass

According to the news agency Tasnim, when speaking about NATO eastward expansion, Mohammad Reza Ashtiani emphasized that the Shanghai Cooperation Organization member states should utilize the SCO potential in order to neutralize common threats

Ship receives damage in missile attack off Yemeni coast — UKMTO

The Master has reported two attacks

Insurers refuse to pay compensation for Nord Stream — Russian envoy to UN

Vasily Nebenzya stressed that insurers conclude on their own that the "explosion at the gas pipelines was made using an explosive devices, willfully and due to political motives," thereby confirming its terroristic nature

Russia appreciates Bolivia’s push to defend sovereignty, Lavrov says

The Russian foreign minister said that the sides would exchange opinions on how to develop bilateral relations along the path outlined by Bolivian President Luis Arce and Russian President Vladimir Putin

Palestinian death toll in Gaza increases to over 34,300 — health officials

According to the Palestinian enclave’s Health Ministry, over the past 24 hours, 43 people have been killed and another 64 wounded

Network of international conspirators plotted Crocus terrorist attack — watchdog

Yury Chikhanchin pointed out that the perpetrators of the attack were provided with money, weapons, transportation and ammunition

Pelosi's remarks about US protesters undemocratic, Russian diplomat says

On April 25, US police said at least 127 people were arrested during large-scale protests on American university campuses against Israeli actions in the Palestinian enclave

Polish leader cautions NATO allies against provoking Russia

Andrzej Duda slammed the reported instances of Russian missiles entering Poland's airspace as "a Russian provocation"

Over 3,100 foreign mercenaries fight for Ukraine, most of them from US

The Russian Investigative Committee added that measures are underway to locate their whereabouts and bring them to criminal liability

Kiev's attacks on ZNPP may trigger another Chernobyl — Zaporozhye governor

Tensions in the area of the Zaporozhye nuclear power plant and in Energodar, where the nuclear power plant is located, escalated at the beginning of the month

Bolivarian Alliance countries stand for multipolar world — Maduro

"ALBA can be among the founders of a new world, a new international multipolar order," the Venezuelan president stressed

West reluctant to punish those responsible for Nord Stream blasts — Russian diplomat

According to Vasily Nebenzya, the situation is as though a year-long probe into a murder yielded a conclusion that "the victim was murdered"

Blinken’s visit to China meant to shatter Russian-Chinese ties — senior Russian diplomat

"I think that Beijing understands this perfectly well and will not even pretend being ready to reach any agreements with the Americans to the detriment of Russia’s interests," Sergey Ryabkov said

Cooperation of Serbia, Russia in military-technical sphere at highest level — president

Earlier, Aleksandar Vucic expressed his admiration for Russian technology several times

IAEA chief to have working contacts with Rosatom, no meeting with Putin is planned

Rafael Grossi may visit Russia in late May

Venezuela interested in Russia's participation in gold mining — official

"We want Russia to participate in exploration and mining of gold and coltan in the country," Venezuelan Minister of Industries and National Production Tarek El Aissami said

US nukes in Poland to become target for Russia should confrontation with NATO occur — MFA

"The impression is that Warsaw is maniacally seeking to attract even more attention from military planners in the Russian General Staff," Maria Zakharova added

Kremlin spokesman describes European Parliament as 'Russophobic machine'

Dmitry Peskov added that the EP "has turned into a machine brimming with internal contradictions that keeps generating boorish statements"

Israel ready to accept release of fewer than 40 hostages in deal’s first phase — newspaper

According to the report, Israel is willing to acceprt the release of women, men over 50 years old and those seriously ill

Putin signs law on holding World Friendship Games

Funding will be provided from the federal, regional and local budgets, as well as taxes from gambling transferred to the organizer

Musk concurs that civil war looming in West

The US businessman commented on remarks by Gad Saad, a Canadian professor of Lebanese origin, who insisted that "the path that the West is taking will result in civil war"

Press review: NATO flexes muscles near Russian border and South China Sea runs hot

Top stories from the Russian press on Wednesday, April 24th

US, allies destroy two Houthi anti-ship missiles

According to the US military, there was no damage to US or coalition vessels

Ukraine had to negotiate agreements with Russia with ‘three masters’ — Russian envoy

"It is very difficult to negotiate with those who are unable to make decisions, even if they want, they can’t, and only act as a side to a difficult conflict," Vladimir Medinsky explained

China, US free to have their own friends, partners — President Xi

Beijing sticks to the principle of non-alignment with any blocs, the Chinese leader said and called on Washington "to refrain from teaming up in small groups"

About 20% of weapons sent to Kiev end up on black market – Russia’s UN mission

Dmitry Polyansky said that some of the weapons supplied to Kiev are "in the darknet, which means that it is available to anyone"

International cooperation needed to investigate Nord Stream incidents — Russian diplomat

According to Nebenzya, the real goal of the West, which is seeking to persuade the world of the futility of international efforts, is "to keep on telling the tale of lost time" as long as possible in a hope that "international community will forget about this terrorist attack"

Global community changing tune about how Ukraine conflict started — security official

According to Nikolay Patrushev, these countries "understand perfectly well who is financing" the Kiev regime

Europe should be prepared to build relations with Russia post-Ukraine conflict — Macron

According to the French leader, when building relations with Russia, Europe needs to rely upon its own strong security system

Russian Economy Ministry expects trade balance surplus to decline

Exports of goods are expected to drop to $419.7 bln this year. Imports are forecast to grow to $315.7 bln in 2024

Putin’s trip to China will rivet world’s attention, Kremlin spokesman predicts

The countries will jointly announce the time of this trip, Dmitry Peskov said

UN bound to stay as unique world organization — Russian ambassador

"If the UN did not exist, it should have been created," Vasily Nebenzya said

Gagauzia against Chisinau’s policy of severing ties with Russia

According to Yevgenia Gutsul, Gagauzia has never experienced such pressure from Chisinau

Russian, US diplomats to meet Brahimi in Geneva – source

The parties will exchange views on Syrian issues in order to achieve progress at the negotiations in Geneva

TotalEnergies to announce force majeure for Yamal LNG in case of EU sanctions

The company has two contracts for LNG supplies to Europe from the Yamal LNG project and one for Asia that requires closer consideration, CEO of the French energy company Patrick Pouyanne said

Armenian police arrests people protesting against demarcation with Azerbaijan

Earlier, demonstrators in several regions of Armenia tried to block highways, including international ones

Russia, India plan to launch ‘green corridor’ project in trade shortly

The sides supported the early launch of the green corridor project aimed at the simplification of customs operations

US effectively dooms Ukraine by its new decisions, Russian envoy says

"The American aid won’t save Zelensky. New weapons will be destroyed, and the special military operation goals will be achieved," Anatoly Antonov stressed