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Price cap on Russian oil does not appear to be constraint to its exports — World Bank

On October 13, 2022, Deputy Prime Minister Alexander Novak told reporters that Moscow would suspend supplies of oil and petroleum products to states which decided to restrict the price of oil from the country

WASHINGTON, June 6. /TASS/. The Western mechanism for limiting prices for Russian oil and oil products has not become a binding constraint for their export and in fact has not led to a reduction in the volume of these deliveries. This conclusion is contained in the key report of the World Bank (WB) released on Tuesday. This global economic outlook study is published twice a year.

"Russia has changed the destination of its oil exports without a material change in volumes. The internationally coordinated (by G7 and a number of other Western states - TASS) price cap on its exports (currently set at $60/bbl) also does not appear to be a binding constraint to exports," the study notes.

On December 5, 2022, an embargo on maritime Russian oil shipments to the European Union came into force. G7 nations, the EU and Australia agreed on a price cap for Russian oil delivered by sea, setting the ceiling at $60 a barrel. Moreover, starting February 5, 2023, similar restrictions on deliveries of petroleum products from Russia were enforced as the EU Council officially greenlighted the decision, in conjunction with the G7, to introduce a price ceiling on Russian petroleum products supplied by sea at $100 for premium oil and at $45 for discount. Changing the oil price requires consent on behalf of all EU countries and G7 members.

On October 13, 2022, Deputy Prime Minister Alexander Novak told reporters that Moscow would suspend supplies of oil and petroleum products to states which decided to restrict the price of oil from the country.

On October 12, 2022, speaking at the Russian Energy Week forum in Moscow, President Vladimir Putin said that Russia would not supply energy resources to those countries that would limit oil prices. " Russia will not act against common sense, to pay for others’ welfare out of its own pocket," the head of state stressed.

Bank of Russia sets dollar rate at 98.37 rubles for November 14

The official yuan rate is fixed at 13.60 rubles

Freezing conflict will only allow Ukraine to rearm itself, fight Russia anew, says expert

Ruslan Kalinchuk noted that Russia "will not negotiate on Donbass and Novorossia," while Vladimir Zelensky will not do any deals unless Russia makes concessions because "he would immediately be ousted in such an event"

Over 1,000 dead seals found on Caspian coast in Kazakhstan

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Russian PM to attend UN Climate Change Conference in Baku

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Climate policy should be based on common sense, not ideology — Orban

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First S-550 air defense systems enter service in Russia — source

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FSB foils attempted terrorist attack on power station in Nizhny Tagil

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54 countries vote against resolution on combating ne-Nazism

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US hegemony ambitions led to global problems starting with Belgrade bombings — lawmaker

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Russian engine maker unveils cutting-edge aircraft engine

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Next-gen Su-57 shows strength of Russia’s defense sector — diplomat

Maria Zakharova pointed out that military experts had praised the "unmatched capabilities" the plane displayed at the Airshow China in Zhuhai

Ukraine's Kurakhovo Reservoir dam blast to help, not hurt Russian troops — expert

At least ten Ukrainian troops were killed

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Russian politician condemns destruction of dam on Kurakhovo reservoir as Kiev’s terror act

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US to continue arms supplies to Israel — news portal

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Russia’s Rubikon unmanned technology center team destroys Ukrainian armor in Kursk area

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Extension of conflict not in Ukraine’s interest — analyst

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Russia says its FPV drones disrupted Ukrainian troops rotation in Sumy Region

The ministry provided live-recording footage showing direct hits on Ukrainian military vehicles

Russian emergencies chief visits Cuba

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Amount of Russian assets frozen in Switzerland unchanged since August — agency

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Russia has written off $20 bln worth of African debts — MFA

Mikhail Bogdanov added that it allows using those debts "to implement socio-economic projects directly in the country"

Russian senator slams candidate for German chancellorship’s remarks as irresponsible

Konstantin Kosachev also emphasized that talking to Russia in the language of ultimatums "is not only counterproductive, but also short-sighted, especially for Germany"

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Medvedev characterizes Great Britain as eternal adversary of Russia

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Moldova expresses displeasure about Georgian prime minister’s comments

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Some 300 Germans eager to move to Russia’s Nizhny Novgorod Region — authorities

Among those who are ready to move are technical professionals in the metalworking industry

France to hand over six Mirage 2000-5 jets to Ukraine — lawmaker

Frank Giletti asked to speed up the commissioning of previously ordered Rafale planes to the armed forces

Russia supports Mali's appeal to UN Security Council on Kiev's actions — MFA

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Europeans seek Russia’s help in securing release of hostages held by Hamas — envoy

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Olaf Scholz once again stood firm on his decision not to supply Taurus long-range missiles to Ukraine

Russia set to deepen cooperation with China in law enforcement — top security official

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"The longer the war goes on, the more territory Ukraine will lose," David Sacks added

Ukraine aims to call up 1 mln people in eastern areas by end of 2024 — official

According to the plan, 360,000 people are to be mobilized in October; 325,000 and 300,000 in November and December, respectively

Russia inks first deals to deliver Su-57 fifth-generation fighter to foreign customers

Alexander Mikheyev also explained the expectations and effect of the demonstration of Russian military hardware at Airshow China in Zhuhai

Countries will line up for Russian gas when US stops exporting LNG — Serbian president

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Nikolay Patrushev agreed that Trump, when he was still a candidate, "made many statements critical of the destructive foreign and domestic policies pursued by the current administration"

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Markus Reisner noted that many of the Ukrainian units on this section of the frontline are understaffed by 50%

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Russian Permanent Representative to the United Nations Vasily Nebenzya noted that Resolution 2735 was only a tool to gain time for Israel

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Trump plans to appoint special envoy on Ukraine to hold peace talks with Russia — TV

According to the source, the job is not expected to be a salaried role

Ukrainian General Staff reports difficult situation along entire frontline

It also acknowledged the supremacy of the Russian army in equipment and personnel

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Ukraine ran out of the Soviet-made ammunition for this type of artillery pieces back in 2022

Ukraine moves medics, non-combat personnel to infantry to counter Russian advance

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Africa goes through second 'awakening,' now from neocolonial oppression — Lavrov

"Africa no longer agrees to remain a source of raw materials that are bought and exported mainly to the West," he said

Russian troops secure supply route to Plekhovo in Kursk Region — commander

It is reported that fighting in the settlement itself is taking place at the moment

Kiev wants to mobilize 160,000 people to survive until Trump's inauguration — MP

According to Alexander Dubinsky, the authorities in Kiev are primarily focused on securing more of the funds allocated to them

German president approves date for snap parliamentary election

"Based on a current assessment," Steinmeier "considered February 23 as a realistic date for new elections," a presidential spokeswoman told journalists

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China puts army on alert in South China Sea

On November 10, China’s Ministry of Foreign Affairs lodged a protest with the Philippines after Manila implemented a maritime law asserting its exclusive right to tap resources in a 370-kilometer zone off the country’s coast

Ukraine imposes sanctions on maintenance services of two Moscow airports

The decree, which lists a total of 63 legal entities, sets the restrictions for a period of 10 years

Trump to end NATO’s obsession to get on Russian territory — White House ex-strategist

Steve Bannon noted that Trump’s MAGA (Make America Great Again) movement seeks to completely cut funding to Ukraine. According to Bannon, Europe, including Italy, will follow Trump’s lead, and, if "they [Europe and Italy] truly believe what they have been saying in recent years, they should be ready to pay"

Russian forces gain foothold near Kupyansk as Kiev begins to retreat

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Police say Russian-made drone without explosives fell down in Moldovan territory

On the same day, the Moldovan foreign ministry accused Russia of violating its air boundaries, slamming this incident as an "unfriendly step"

Baltic Sea will never turn into 'NATO lake' — Russian MFA

Maria Zakharova emphasized that the Baltic Sea "will always be a common space for all of the region’s countries without exception"

Russian diplomat hails Odessa woman as defender of truth after flag protest

Yelena Chesakova attempted to hang the Russian flag on the pedestal of the dismantled monument of Catherine the Great in Odessa, taken down in 2022, in October of this year

Combat experience distinguishes Su-57 among fifth-generation fighters

The Russian Defense Ministry said it excellently performed in combat

Trump's planned key appointments

Trump appointed Congressman Michael Waltz (Republican, Florida) as national security adviser

Press review: UK and French leaders discuss Ukraine as the dollar continues to climb

Top stories from the Russian press on Tuesday, November 12th

What is known about Sevastopol car blast

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Musk doubles down on his opinion about 'endless war' in Ukraine

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More countries understand reasons for conflict in Ukraine didn’t arise overnight — Lavrov

Russia’s top diplomat pointed to many years of efforts in Ukraine to eradicate the Russian language in education, news media and culture, and to the recent law that bans the canonical Ukrainian Orthodox Church

US missile defense base in Poland to defend US, Europe alike — Polish foreign minister

Radoslaw Sikorski also expressed hope that the base will never go into action

Lavrov to lead Russia’s delegation to G20 summit in Brazil

Russian President Vladimir Putin said at a meeting with heads of BRICS media outlets that he will not be attending the G20 summit in Brazil, scheduled for November 18 and 19

US State Department insists DPRK troops engaged in Russia’s borderline Kursk Region

Patel also insisted that "Russian forces have trained the DPRK soldiers in artillery, in UAV, and basic infantry operations, including trench clearing, which are critical skills for frontline operations"

Mi-171A3 helicopter draws interest from partners in China — Russian Helicopters

The helicopter can fly in harsh conditions, particularly those inside the Arctic Circle, where satellite communication coverage is poor

West to face 'devastating' response if it allows Kiev to strike deep into Russia — MFA

According to Maria Zakharova, Ukrainian social media accounts are meanwhile speculating that the Zelensky regime plans to present the received Western missiles as Ukrainian, changing the labels to use the weapons to attack Russia

Czech intelligence warns of crime surge after Ukraine conflict ends

More than 380,000 people, mostly women and children, have fled Ukraine to the Czech Republic since February 24, 2022

Russia to ensure parity in response to US missile defense system in Poland — Kremlin

Dmitry Peskov emphasized that by placing the missile defense system in Poland, the United States is bringing its military infrastructure closer to Russia in an attempt to curb its potential

Russian Su-34 bomber strikes Ukrainian troops in borderline Kursk area

Russian tactical aircraft pilots conduct sorties at any time of day or night in any weather conditions, using various armament

Trump 'demonstrates affinity' for Russian President Vladimir Putin — newspaper

Former Trump advisers have already backed his idea of cutting aid to Ukraine to force Kiev into talks with Russia, according to The Hill

Ukraine’s troops south of Kurakhovo caught in pincers — military sources

Small groups of Ukrainian soldiers have been trying to leave the communities, but all roads are under the Russian army’s fire

Medvedev suggests that Elon Musk launch campaign to amend US Constitution

Article II of the US Constitution stipulates that: "No Person except a natural born Citizen, or a Citizen of the United States, at the time of the Adoption of this Constitution, shall be eligible to the Office of President"

West attempted to prevent Russia-Africa ministerial meeting, diplomat says

African countries realized that "this pressure contradicts their own national interests", Russian Deputy Foreign Minister Mikhail Bogdanov said

Dagestani deminer holds stronghold on his own for several weeks

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DPR head Pushilin visits Ugledar, says town badly destroyed

Denis Pushilin added that "it is almost impossible to find an undamaged building"

Hezbollah says it attacked Israeli airbases near Haifa, Tel Aviv

According to the statement, Hezbollah units also delivered a missile strike on Israel’s Tel Nof airbase located 27 kilometers south of Tel Aviv

US plans to remove 'arrogant' Zelensky and stage 2025 elections in Ukraine — SVR

"At the initial stage, it is planned to encourage entities within the Ukrainian civil society under their control, through US 'democratization' foundations and think tanks, to come up with a corresponding initiative," the statement reads

US delivers strikes on infrastructure of pro-Iranian militants in Syria — CENTCOM

According to the statement, the "strikes were in response to a rocket attack on US personnel at Patrol Base Shaddadi"

Ukrainian forces ready to withdraw from Kurakhovo, but no order yet — serviceman

According to the report, the Russian army is "attacking from three sides"

Two US military bases in Syria come under missiles attacks — TV

According to tAl Mayadeen, at least two attacks targeted a military facility near the Conico gas field in the Deir ez-Zor governorate in a span of one hour

Russian advances, Ukrainian losses: situation in Kursk Region

Units of Russia’s Battlegroup North have continued their offensive, defeating Ukrainian formations near several settlements in the Kursk Region

Explosion of Kurakhovo reservoir dam disrupts water supply

Roman Pukalov noted that the blast killed many fish in the reservoir, washed away fertile soil, and inundated potentially hazardous sites, including cemeteries, cattle burial grounds, and fertilizer depots

Trump appoints Florida Rep. Mike Waltz National Security Advisor

A retired Army National Guard officer and war veteran, Mike Waltz is "a nationally recognized leader in National Security," Donald Trump said

Senior Russian diplomat doubts Trump knows exactly how to end war in Middle East

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Not all Republicans support Trump in refusing further military aid to Kiev — newspaper

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Detentions, blocking of roads: what is known about situation in Abkhazia

The prosecutor general stated that following the incident, four Abkhazian residents were detained: Garry Kokaya, Almaskhan Ardzinba, Omar Smur, and Ramaz Dzhopya

Russia keeps building defense capacity despite conflict in Ukraine — Polish general

According to Wieslaw Kukula, if the conflict in Ukraine ends soon, Russia will be able to build up its defense capacity to the point that it could take on all of NATO

Press review: Trump forms foreign policy team and Europe sets course for militarization

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