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World oil prices

Price of Brent oil down almost 7% on ICE

By 8:35 a.m. Moscow time, the price of Brent had reached $92.3 per barrel

MOSCOW, March 10. /TASS/. The price of futures contracts of Brent crude oil for May 2026 delivery on London’s ICE has lost almost 7%, according to trade data.

As of 8:28 a.m. Moscow time (5:28 a.m. GMT) the Brent price was down by 5.65% at $93.37 a barrel. By 8:35 a.m. Moscow time (5:35 a.m. GMT) the price of Brent had extended losses to 6.73% reaching $92.3 per barrel. Meanwhile the price of futures contracts of WTI crude oil for April 2026 delivery was down by 7.13% at $88.01 per barrel.

According to trading data, on the morning of March 9, the price of Brent crude oil for delivery in May 2026 on London’s ICE exchange exceeded $119 per barrel for the first time since June 17, 2022.

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Gas price on exchange in Europe loses 13%

The price of April futures contracts at the TTF hub in the Netherlands has fallen to around $589 per 1,000 cubic meters

Iran launches missile strike at US helicopter base in Kuwait

Early this morning, IRGC Navy struck US Al-Udeiri Helicopter Base in Kuwait with kamikaze drones and cruise missiles

Israel, US launch airstrikes on central, northern Iran — news agency

No data about the damage has been available yet

White House underestimates Tehran's resolve to resist — media

The article notes that the Washington administration appears to have failed to accurately assess how Iran would respond

Israel attacked Saudi Aramco’s refinery in false flag operation — news agency

According to the agency's source, the port of Fujairah in the UAE is one of the next targets of Israelis

China to carry out resolute strikes against separatists in Taiwan — report

According to the report, the People's Republic of China will promote peaceful development across the Taiwan Strait

Russian army liberates settlement of Golubovka in DPR

Units of Battlegroup South have liberated the settlement of Golubovka

Lavrov warns Syria’s plight will drag on if efforts to divide it continue

"Tackling any problems, including those we see in the Middle East and Northern Africa, will be possible only on the inclusive basis," Russia's top diplomat said

Gas price in Europe surpasses $800 per 1,000 cubic meters first since January 2023

The price growth since the beginning of the day has exceeded 27%

Orban urges von der Leyen to suspend EU sanctions against Russian energy

The threat of rising energy prices in Europe has arisen not only because of military actions in the Middle East, but also as a result of Ukraine's suspension of the transit of Russian oil through the Druzhba pipeline, Orban noted

School in Iran's Khomein comes under attack — security service

No information about possible casualties from the attack has been released yet

Erdogan confirms plans to create gas hub in Turkey — statement

"Let everyone who criticizes us for a balanced policy during the crisis between Russia and Ukraine take an example from us," the Turkish leader said

Russia to wait for Europe’s signal regarding oil, gas deliveries — Putin

Vladimir Putin stressed that Russia has never refused to work with Europeans and is ready to work with them

Press review: NATO unlikely to join Iran strikes as EU moves to sever Russia ties

Top stories from the Russian press on Friday, March 6th

Ukrainian forces lose about 1,255 troops in special military operation zone over past day

Russian troops also struck launch sites of Ukrainian long-range attack drones, Russian Defense Ministry reported

Fire breaks out as Iran attacks US air base in Bahrain — media

No information is available about the damage or casualties

Son of late Ali Khamenei elected as Iran's new Supreme Leader — Assembly of Experts

Mojtaba Khamenei was elected unanimously

Ukrainian crisis arose from Western support for coup in Kiev — Putin

The Kiev regime is manipulating European countries, the Russian President said, describing such interaction with the phrase "the tail wagging the dog"

UAE doesn’t want to be drawn into conflict, but reserve right to defend itself — ministry

The United Arab Emirates reaffirms that it is acting in self-defense against the brutal and unjustified Iranian aggression, which included the launch of more than 1,400 ballistic missiles and drones targeting infrastructure and civilian cites, the foreign ministry said

Iran does not consider holding talks with US anymore, top diplomat says

Abbas Araghchi stressed that Iran has "a very bitter experience of talking with Americans"

Russia downs 235 Ukrainian UAVs over Bryansk Region in 24 hours

235 enemy fixed-wing UAVs were destroyed over the territory of the region by the air defense units of the Defense Ministry of the Russian Federation, mobile firing groups of the BARS-Bryansk brigade, and special forces of the Russian National Guard of the Bryansk Region

Iran announces new wave of missile strikes on Israel — state broadcaster

"A few minutes ago, a new salvo of Iranian missiles was fired towards the occupied territories," the report says

Hungary caps gasoline, diesel fuel prices — prime minister

Viktor Orban stated that this is how the government expects to protect the interests of the Hungarian people in a situation when "oil fuel prices are on the rise in entire Europe due to the war in Iran"

MOEX Index surpasses 2,900 points first since September 12, 2025

As of 7:05 a.m. Moscow time, the MOEX Index was up by 3.07%

Putin expresses confidence Mojtaba Khamenei will continue his father’s legacy

Russian President has congratulated him on being elected to the post of Iran's supreme leader

AFP: explosion thunders near synagogue in Liege, Belgium

According to preliminary information, there were no injuries

Presidential envoy notes importance of Russia-US dialogue for energy security

Kirill Dmitriev noted that Russia-US dialogue is vital for the world, as only jointly with Russia can global energy security be restored and ensured

Russian president signs law banning GMO production

The document obliges importers of GMO products to a compulsory public registration

Nearly all experiments involving Russia’s Fedor robot were completed — designer

"Fears that it will be impossible to manipulate the robot in weightlessness proved to be untrue," he said

Russia assumes that Taliban is a reality, and talks with them are necessary — Lavrov

At the same time, Russian Foreign Minister said that Moscow "will not recognize the Taliban government de-jure unless it fulfills its internationally recognized obligations," namely "inclusivity of governing bodies, not just in the ethnic sense, but also in the political one"

Swearing-in ceremony for Iran's new leader will take place on March 9 in Tehran - Fars

According to the agency, the ceremony will start at 3:00 p.m. local time in Enghelab Square in the center of the Iranian capital

Zelensky says talks on Ukraine postponed amid situation around Iran

Vladimir Zelensky stressed that the priority and attention of Ukraine's partners is on the situation around Iran

Israel strikes UAV headquarters of Islamic Revolutionary Guards Corps — IDF

The Israeli Air Force completed an additional wave of strikes on dozens of infrastructure sites across several areas in Iran, the Israel Defense Forces press service said

IN BRIEF: What Kremlin Aide Ushakov said about preparations for Putin-Trump meeting

Yury Ushakov said that next week was designated as a guideline for the leaders' meeting

Iran’s elite army unit to block regional oil exports to US, spokesman warns

Ali Mohammad Naini also added that the Islamic Republic’s Army "is ready to expand the war"

Ukrainian strikes kill 30, injure over 150 in Russia in one week — MFA

Rodion Miroshnik specified that most civilians had been injured by enemy strikes in the Belgorod, Kherson, and Zaporozhye regions, as well as in the DPR

Turkish warships leave Novorossiysk naval base after joint drills with Russian Navy

The patrol ship Vasily Bykov, the sea-going minesweeper Valentin Pikul held joint Russian-Turkish drills with the foreign corvette Burgazada and the minesweeper Akcay

Trilateral gas union would allow Russia to supply gas to India and China, experts say

It is highlighted that it is too early to talk about the volumes of Russian gas supplies as part of the new union

UN chief says his proposals on grain deal resumption take Russian concerns into account

"And I believe that working seriously, we can have a positive solution for everybody, for the Ukraine, for the Russian Federation," Antonio Guterres said

Russian prisoners need medical care after torture in Ukraine — lawmaker

According to Viktor Vodolatsky, the Russian servicemen that are currently in captivity in Ukraine will be provided with highly skilled medical care and rehabilitation in hospitals of the South Military District and Moscow

Witkoff says he asked Russia not to share intelligence with Iran

US President Donald Trump, in turn, said that the United States does not know whether the Russian side is sharing such data with Iran

Russia's position on Ukraine remains unchanged while other parties watch and wait — MFA

According to Rodion Miroshnik, all sides are watching closely what is happening in the Middle East

China, Russia not afraid of external pressure — Wang Yi

China's foreign minister says "back-to-back relations became the essence of Sino-Russian ties"

Almost 30 Iranian hospitals damaged by bombing — emergencies service

According to the latest report of the Iranian Red Crescent, at least 1,332 Iranian civilans have lost their lives

Israeli army says intercepting missiles after new launch from Iran

Defensive systems are operating to intercept the threat

Putin held phone call with Trump this evening — Kremlin aide

It was the first conversation between the Russian and US presidents in more than two months

Russia ready to promote N. Korea-US dialogue on Pyongyang’s security guarantees - Lavrov

"We are confident that it the vicious spiral of confrontation and provocations must be stopped," Russian Foreign Minister said

Peskov explains difference between US talks with Iran and Russia

Russia conducts dialogue with the United States directly, while US negotiations with Iran were carried out through intermediaries, the Russian presidential spokesman said

Russian air defense systems shot down 163 Ukrainian UAVs overnight

In particular, 54 UAVs were shot down over the Bryansk region, 47 UAVs over the Republic of Crimea, 16 UAVs over the Krasnodar region

US system on biological risks tested in Ukraine works in Africa — Russian ministry

According to Major General Alexey Rtishchev, this system has been successfully tested in Ukraine and Georgia

Lebanon ready to resume talks with Israel to stop escalation — president

He also condemned "those who seek to drag Lebanon into a regional conflict, ignoring the will of the majority of its citizens tired of the war and its consequences."

Israel completes another wave of strikes on Iran, over 170 bombs dropped

In Tehran, the IDF struck a command center belonging to the IRGC’s Quds Force

EU countries see Ukraine’s energy blackmail but silence each other — Peskov

Vladimir Zelensky will become a liability for the EU, but it will already be too late, told Russian presidential spokesman

West mulls buying Russian oil amid conflict in Iran — expert

The market is currently grappling with physical supply being choked off by drone strikes, while Middle Eastern producers are simultaneously hitting a critical point, a Vice President of Oil Markets at the Rystad Energy consulting company Janiv Shah said

US aircraft carrier USS Abraham Lincoln moved away from Iran after strike — IRGC

The US Central Command reported that the carrier came under fire but was not hit

Russia's international reserves up by 1.87% in February to $632.355 bln — Central Bank

As of March 1, 2024, Russia's international reserves amounted to $582.636 billion

Turkey deploys six F-16 fighter jets to Northern Cyprus on March 9 — defense ministry

"Additional measures will continue to be taken based on further developments, if deemed necessary," the ministry said

Azerbaijan resumes cargo traffic across border with Iran

Truck traffic across the border with Iran was suspended by the decision of the Azerbaijani government after the UAV incident in Nakhichevan

Russia’s oil output to reach 527 mln tons in 2023, gas output - 642 bcm — Novak

"Today the gas industry is functioning stably - since the beginning of the year, 410 bln cubic meters of gas have already been produced," the minister said

French politician demand Paris halt aid to Ukraine other threats to Hungarian PM

Not a single euro, not a single [unit] of weapons, not a single French soldier for Ukraine, wrote Leader of the French party The Patriots Florian Philippot

Court softens punishment for Khodorkovsky, Lebedev to 11 years in jail

Under the latest court ruing, Lebedev will be set free in August 2014, and Khodorkovsky in October 2014

Russia to take diplomatic, military steps in response to US experiments in Georgia

The chairman of Russia’s State Duma Defense Committee said that the concerned agencies were recommended to appeal to the UN and the OPCW, asking for an inspection of the Lugar laboratory

Russian arms’ supplies to countries of Middle East at stable level — military official

According to Dmitry Shugayev, foreign partners are carefully analyzing the results of the use of Russian weapons in real combat operations based on available data

Russia calls for ceasefire in Middle East in UN Security Council draft resolution — source

The document expresses deep concern "over the current military escalation in the Middle East and beyond"

Turkish foreign ministry summons Iranian ambassador amid missile attack

The Iranian ambassador was summoned to give explanation over the incident in which a ballistic missile was launched toward Turkey from the Iranian territory

Iran does not strike territory of Azerbaijan, Cyprus, Turkey — MFA

No shelling from Iranian territory towards Azerbaijan, Turkey or Cyprus took place, Iranian Foreign Ministry spokesman Ismail Bagai has said

Russian population updated using census data — statistics service

According to updated calculations from the statistical service, the urban population of Russia is 109,655,563 people, while the rural population consists of 36,791,861 people

Russia having economic boom, debts growing in the West — news portal

The news outlet also predicts "even greater" growth for defense spending than expected, following the escalation of the Palestinian-Israeli conflict in October

Russian cutting-edge frigate completes shipbuilders’ sea trials

The second Project 22350 frigate Admiral Kasatonov has successfully completed shipbuilders’ sea trials

Claims of Russian, Chinese nuclear trials not supported by facts — mission in Vienna

The most dangerous thing about this entire situation is that the approach, demonstrated by the United States, creates systemic risks for the entire non-proliferation architecture, the Russian Permanent Mission to International Organizations in Vienna said

Von der Leyen may face new vote of no confidence due to EP crisis — MEP

Previously, EU diplomats and officials criticized von der Leyen for exceeding her official powers and attempting to position herself as the EU's chief representative on the international stag

Israel Defense Forces says it started intercepted missiles after new launch from Iran

Defensive systems are operating to intercept the threat

Press review: Moscow sees no peace intent in Kiev as US aids Ukraine strikes

Top stories from the Russian press on Wednesday, June 11th

Israel begins limited raid against Hezbollah in southern Lebanon

As part of the targeted raid, the troops are operating to locate and strike terror infrastructure sites and eliminate terrorists in southern Lebanon, the press service of the Israel Defense Forces said

US senator urges Israel not to damage Iran’s oil production industry

US Republican Senator Lindsey Graham noted that the goal of the operation is to liberate the Iranian people in a fashion that does not cripple their chance to start a new and better life when this regime collapses

US may take some oil sanctions off — Trump

Donald Trump emphasized that the US may even refrain from reinstating them

Trump warns Iran of harder US strikes if it stops Hormuz oil flows

"If Iran does anything that stops the flow of oil within the Strait of Hormuz, they will be hit by the United States of America twenty times harder than they have been hit thus far," the US leader said

Russian Communist leader sees ex-Kremlin chief of staff as candidate for key posts

On Friday, Russian President Vladimir Putin relieved Sergei Ivanov of his duties of the chief of the Kremlin administration

Iran’s IRGC announces launching 10 heavy missiles on Tel-Aviv

Earlier, the commander of the IRGC Aerospace Force Majid Mousavi announced that the Islamic Republic will only use missiles with warheads weighing more than a ton at the next stages of the conflict

Russia may decide not to wait for Europe to completely reject its oil, gas — Putin

The government has already set the task of evaluating the possibility and feasibility of stopping fuel supplies to the European market, Russian President told

Putin decrees that military garb be Russian-made

The decree comes into force from today

Putin says Russia’s support and solidarity with Iran remains unchanged

Russian President expressed confidence in his congratulatory message to Iran's new Supreme Leader Mojtaba Khamenei that he will honorably continue his father’s legacy

Russian envoy describes Putin-Trump phone call as constructive

Possible solutions to Ukraine and Iran conflict were discussed, Kirill Dmitriev said

Putin-Trump phone talk centered around Iran, Ukraine — Kremlin aide

Yury Ushakov emphasized that the US President has again expressed his interest in having the conflict in Ukraine resolved by reaching a ceasefire and a long-term settlement as quickly as possible

Council for joint economic operations on Southern Kuril Islands set up in Japan

The Southern Kuril range consists of the islands of Kunashir, Iturup and Shikotan and the Habomai archipelago

UN Special Coordinator for Lebanon undertakes commitment for ceasefire with Israel

Jeanine-Hennis Plasschaert is scheduled to meet with senior Israeli officials for discussions amidst escalating hostilities

Israeli army announces strikes on rocket engine production site in Iran

The Israeli army also continues strikes on infrastructure targets in Iran

Israel Defense Forces says it started intercepting missiles after new launch from Iran

No casualties have been reported by now, Israel’s ambulance service said

Situation near Bushehr NPP difficult but no attacks on station recorded — Rosatom chief

Russian President Vladimir Putin personally takes part in addressing issues of ensuring the safety of Rosatom employees in Iran, Alexey Likhachev added

Iran sends its official response to Trump’s letter via Oman

According to Iranian Foreign Minister Abbas Araghchi, the message comprises two documents

Restoring LNG production in Middle East to take months — Putin

It is impossible to promptly compensate the missing volumes, Russian President told

Middle East conflict puts end to US plans to force India to cut purchases of Russian oil

Washington admitted that it would not be able to deprive Russia of one of its most loyal customers

Nuclear facility in Isfahan seriously damaged after US-Israeli attack — agency

The news agency says has received no reports on radioactive contamination

Russian president’s envoy supports Szijjarto’s call to lift EU’s Russian oil and gas ban

In his opinion, the shrinking supply on the global market will cause prices to spike, putting the European economy and the well-being of its citizens at risk

Attacks on fuel storage facilities in Iran amount to chemical warfare — diplomat

The U.S.-Israeli criminal war against the Iranian nation has entered a dangerous new phase with deliberate strikes on Iran's energy infrastructure, told Iranian foreign ministry spokesman Esmail Baghaei

Europe to live without Russian oil, says Russian envoy

The Russian envoy also said that the EU would soon accuse Russia of using oil as a weapon

NATO air defense intercepts ballistic missile launched from Iran — Turkish top brass

Turkey "places great importance on good neighborly relations and regional stability," the ministry stressed

FACTBOX: Putin, Trump discuss Iran, Ukraine, Venezuela in their first phone call this year

The conversation was the first between Vladimir Putin and Donald Trump in more than two months

Israel hits Russian cultural center in Lebanon — official

The Russian Federal Agency for International Humanitarian Cooperation will issue an official statement on the incident later, Head of Russia's Federal Agency for International Humanitarian Cooperation Yevgeny Primakov added

Moscow blasts US sanctions against Russian bank working with Venezuela as illegitimate

Holding Ukraine talks in EU troublesome because of pressure — Russian envoy

Rodion Miroshnik noted that talks about negotiations should be largely held behind closed doors so as to protect the negotiators from any external pressure