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World oil prices

Brent crude drops below $90 per barrel on ICE for first time since April 17

WTI crude oil futures for July 2026 delivery fell by 2.16% to $86.98 per barrel

MOSCOW, May 29. /TASS/. August 2026 futures for Brent crude on London’s ICE exchange slipped below $90 per barrel for the first time since April 17, market data showed.

As of 6:14 p.m. Moscow time (3:14 p.m. GMT), Brent was down 2.99% at $89.93 per barrel.

By 6:19 p.m. Moscow time (6:19 p.m. GMT), Brent trimmed its losses to trade at $90.41 per barrel (-1.47%). Meanwhile, July 2026 WTI crude futures fell by 2.16% to $86.98 per barrel.

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Bank of Russia lowers dollar, euro rates for May 30-June 1, raises yuan

The official euro rate was lowered by 1 ruble and 5.23 kopecks to 82.6369 rubles

Press review: US pressures Cuba economically and Arctic break disrupts climate forecasting

Top stories from the Russian press on Friday, May 29th

Press review: Putin, Erdogan reach deal on Syria buffer zone and Sochi hosts Africa summit

Top stories in the Russian press on Wednesday, October 23

Medvedev lashes out at EU countries for direct involvement in war against Russia

The Russian Security Council deputy chairman stressed that nobody disputes this anymore

Pezeshkian asks global community to judge which side, Iran or US, actually favors dialogue

Iranian President Masoud Pezeshkian invited the world to judge which side engages in terrorism

Americans less inclined to support providing aid to Ukraine — congresswoman

US Congresswoman Anna Paulina Luna noted that Vladimir Zelensky should take the peace deal

Kiev hires roughly 400 Latin American mercenaries to fight in Kharkov Region — official

Even as they were hired to compensate for the shortage of Ukrainian assault troops, their combat efficiency has been lower than expected," Yevgeny Lisnyak said

Europe rapidly moving towards war with Russia — diplomat

Russia’s Permanent Representative to the OSCE Dmitry Polyansky noted that many European countries had become a rear area base for the Ukrainian armed forces

First batch of BMD-2M modernized airborne assault vehicles delivered to troops — Rostec

Rostec said that the BMD-2M is capable of destroying a wide range of targets, including tanks, strongholds and fortifications

Putin to devote third day of visit to Kazakhstan to EAEU issues

The head of state will take part in a meeting of the Supreme Eurasian Economic Council

Russia ranks 8th globally by volume of scientific R&D in 2025

According to Russian Deputy PM Dmitry Chernyshenko, the share of young scientists, the number of patent applications, the number of publications in journals included in the ‘White List,’ and the number of domestic technologies used by the real sector of the economy have all increased

Russian troops liberate Novovasilevka community in Kharkov Region over past day

The Ukrainian army lost roughly 1,245 troops in battles with Russian forces in all the frontline areas over the past 24 hours

Israel, US attack amusement park in central Iran

No information on casualties or damage has been reported yet

Italian media mum on Rome's connection to drones that struck Starobelsk — journalist

The drones used may have contained components manufactured in Italy, Andrea Lucidi said

Tanker with Iranian oil change course, heading to China — PTI

The change in the destination of Pin Shun appears to be payment-related, Sumit Ritolia, Lead Research Analyst at Kpler, noted

EU aid to Ukraine frozen — Borrell

The ex-chief of EU diplomacy said the situation is similar with the approval of new sanctions against Russia

No message to Trump, discussions in Kazakhstan: statements by Kremlin aide

Russia has conveyed its recommendations to the US "through the appropriate channels" regarding the Russian military’s shift to systematic strikes on defense industry facilities in Kiev, Yury Ushakov said

Iranian army fires warning shots at ships near Strait of Hormuz — news agency

The ships "attempted to pass through the strait without coordinating their actions," the news agency said

Ukrainian drone strike kills civilian in Russia’s Volgograd Region

Two more people were injured

Kremlin says no response from Yerevan on ban on imports of Armenian tomatoes to Russia

Russia plans to impose temporary restrictions on the import of certain berries and fresh vegetables from Armenia starting May 30, 2026

Russian forces take control of major defensive area in Dnepropetrovsk — defense source

The Battlegroup East fighters are continuing their offensive north of the Aleksandrograd settlement on the right bank of the Volchya River

Russia will not be able to supply gas to Armenia at same prices if country joins EU

Sergey Tsivilyov stressed that Russia had always treated the Armenian people as a brotherly nation

Unrecognized Kosovo’s authorities seize Serbian rail infrastructure in north

Cyrillic lettering was removed from all buildings, and Kosovo flags hoisted on all of them

Persian Gulf countries running out of interceptor missiles - Bloomberg

Iran has fired almost 1,200 ballistic missiles and 4,000 Shahed drones at the Gulf states since the start of the war

Everyone interested in special op experience, no army can rival Russia’s military — Shoigu

Security Council secretary said the experience of the Russian armed forces is priceless

Russia fighting 56 countries in Ukraine — top security official

Russian Security Council Secretary Sergey Shoigu explained that long-range drones, produced by the Germany and Ukraine, required technologies from many other countries

IN BRIEF: FSB thwarts terrorist attack in Russia’s southern city of Novorossiysk

The suspect said that the goal of the attack plotted by the Ukrainian Security Service was to cause mass casualties

German chancellor calls for stronger NATO presence along Russian border

Friedrich Merz indicated the readiness to defend the alliance’s territory

Retaliatory strike on Kiev which Russia warned about could occur at any moment — Shoigu

According to the Security Council secretary, Russia warned how hard it can strike

Von der Leyen not the charismatic statesman EU needs - daily

According to the newspaper, the EC president "is tightening her grip on control and power more than others and stronger than in her first term"

Another strike hits area near Bushehr Nuclear Power Plant in Iran

One of the facility’s security guards was killed, Iran’s AEOI said

Civilian casualties in Volgograd Region, fire at Temryuk port: aftermath of drone attack

Two people died as a result of the Ukrainian attack on the Synthetic Fiber Plant in the city of Volzhsky

Kremlin spokesman comments on prospects for European mediation, Hungarian PM’s remarks

Europe cannot act as a mediator in talks with Kiev as it is a party to the Ukraine conflict, Dmitry Peskov said

EU preparing for possible energy supply crisis due to conflict in Iran — Spanish newspaper

The EC assures that there is currently no risk to supplies, though markets are feeling the impact of rising Brent crude oil prices, which has led to higher gas and oil prices in Europe

Hungarian PM reaffirms stance on minority in Ukraine — media

Peter Magyar added that Hungary maintains an unchanged approach towards issues related to illegal immigration and European competitiveness

US spends over $95.2 billion on military operations in Iran — news outlet

The website's real-time counter is based on a Pentagon briefing to the US Congress on March 10, which stated that Washington had spent $11.3 billion during the first six days of hostilities in the Middle East

US Treasury secretary confirms drafting $250 bank note with Trump’s portrait

Putting it into circulation will require changes in the country’s law, Scott Bessent said

Iran fires missile salvo from country’s south — Fars news agency

According to the news agency, there is a possibility of "clashes in the Persian Gulf waters"

Israeli troops advancing on medieval Beaufort Castle in southern Lebanon — TV

As part of an offensive operation, the Israeli army intends to regain control of the fortress

Several issues on Iran’s nuclear program remain unresolved — JD Vance

According to the US Vice President JD Vance, "it’s very clear" that the Iranians "want a deal"

NATO prepares for large-scale conflict in the East — Russian intel chief

Sergey Naryshkin said this at a meeting of high-level officials responsible for security issues, which is taking place on the sidelines of the First International Security Forum hosted by the Russian Security Council

Transnistrian leader calls for maintaining Russia-led peacekeeping operation

Vadim Krasnoselsky said that he is firmly convinced that the existing practice of peacemaking has undoubtedly proven effective

US military aircraft struck by Iran makes it to Kuwait — TV

Iran also fired at two US UH-60 Black Hawk helicopters conducting a search and rescue operation

Putin calls deepening partnership with all EAEU members priority for Russia

The Russian president emphasized the intention to keep promoting integration processes throughout the Eurasian region

Iran calls on Saudi Arabia to ‘eject’ US troops from region

Iran’s Foreign Minister Abbas Araghchi stressed that Iran respects the Kingdom of Saudi Arabia and considers it a brotherly nation

US military dismisses reports of aircraft shot down over Iran

"All US air assets are accounted for," CENTCOM said

Evacuation of wounded from battlefield successful in 90% of cases — serviceman

The deputy platoon commander noted that during evacuations from the battlefield, not only fellow soldiers from their units were retrieved, but all Russian soldiers were being evacuated

Trump says Iran has 48 hours to make deal or open strait

Time is running out: 48 hours remain before all hell rains down on them, US President said

Trump praises Iranians as 'very good negotiators'

The US leader added that if a potential "deal wasn't going to be good" for the US, the military could resume hostilities against Iran

Readiness to strike Kiev 'any moment,' Russian military base in Armenia: Shoigu’s remarks

The Russian Security Council Secretary noted that there were no preconditions for the Russian base in Armenia to be dismantled

Possible NATO military presence in Armenia unacceptable for Russia — expert

Azamat Tlisov called the abrupt change in Armenia's foreign policy a sensitive issue, pointing to the close historical ties between the two countries

Tokyo sending officers to Germany to learn firsthand about NATO’s assistance to Ukraine

The Japanese Defense Ministry stated that the servicemen will be stationed at a military base in Germany and will not participate in actual combat operations

US, Iran very close to reaching agreement — JD Vance

Both parties are going to keep on working at it, the US Vice President added

Iran to hit more targets if US attacks Kharg Island — ambassador

Tehran’s Ambassador to Zimbabwe Amir Hossein Hosseini also expressed hope that the conflict would be resolved diplomatically

Iranian air defenses down US drone in Bushehr Province — news agency

Jam County Governor Masoud Tangestani confirmed the aircraft's destruction

Russian troops take control of over 60 sq. km of territory in Kharkov Region this year

A key result has been the liberation of 20 communities, Deputy Head of the Kharkov Region Military-Civilian Administration for Defense and Security Yevgeny Lisnyak said

Death by the sword, unsafe world, NATO threat: SVR chief’s statements

Sergey Naryshkin said that Europe is attempting to undermine Russia’s attempts to resolve the conflict in Ukraine, while NATO is consistently building up its military potential on its eastern flank

Deployment of Typhon systems to Japan threatens Moscow’s interests — Russian MFA

Russian Foreign Ministry Spokeswoman Maria Zakharova stressed that Moscow keeps warning Tokyo against making such decisions

West hypes up Romanian drone incident to divert attention from Starobelsk

The media frenzy around the drone in Romania is also used by the West to justify the closure of the Russian consulate general in Constanta, Maria Zakahrova said

Only Russia to manage Zaporozhye NPP — facility’s director

Yury Chernichuk pointed out that Russia has repeatedly rejected proposals from foreign politicians on the possibility of joint management of the plant with other countries

Kremlin doubts US willing to rush into fulfilling Kiev's request for arms

Yury Ushakov suggested that Vladimir Zelensky had sent "more than one letter" to the US administration requesting additional weapons for Kiev

Drone crashes into residential building in Romania — news agency

An explosion occurred upon impact, which sparked a fire in one of the apartments and injured two people, the news agency said

Romania shuts down Russian Consulate General in Constanta — president

The Russian Consul General in Constanta, Andrey Kosilin, has been declared persona non grata

Drone debris hit fuel storage facilities in Russia’s Yaroslavl Region

There were no casualties, Governor Mikhail Yevrayev said

MFA comments on 'shocking' reaction from UNESCO, ties with Armenia, drone attacks via NATO

Maria Zakharova stressed that all Russian diplomatic missions would work systemically to bring the truth about the terrorist attack on Starobelsk

US, Israel inflict hundreds of billions of dollars in damages on Iran — lawmaker

Iranian lawmaker Alaeddin Boroujerdi stressed that the United States, as the party that started the war, should compensate for the damage

AI may replace millions of people at work — Putin

The Russian leader noted that the labor market was restructuring

Fico calls for immediate dialogue between EU, Russia in light of UAV incident in Romania

The Slovak prime minister urged restraint in statements on the use of force

Upper house speaker slams US-Israeli operation against Iran as geopolitical mistake

Valentina Matviyenko emphasized that this intervention has destabilized the Middle East, triggering an energy crisis, yet it ultimately changes nothing

Europe wants seat at Ukraine table, not to be mediator between parties — French MFA

According to French Foreign Ministry Spokesperson Pascal Confavreux, Europe can only be a negotiating party, because it is its interests that are at stake

US believes ceasefire with Iran remains in place — JD Vance

JD Vance emphasized that these ceasefires are always a little messy

Ukraine forecast to have more migrants than natives soon

Investment banker Sergey Fursa argued that Ukraine will need an influx of migrants amid "labor shortage"

FACTBOX: What we know about reported draft memorandum between US, Iran

The Iranian leadership must also okay the proposal

Russian forces begin establishing buffer zone in Kharkov Region — expert

The Defense Ministry reported on Wednesday that the Russian army had taken control of the settlement of Granov in the region

Explosion occurs during testing of American New Glenn heavy-lift rocket

None of the Blue Origin employees were injured

Hungarian premier reiterates that his country will not supply weapons to Ukraine

Peter Magyar reaffirmed that he will pursue the policy of his predecessor Viktor Orban and his government

US-Israeli strike on humanitarian aid aircraft in western Iran reported

The Civil Aviation Organization of the Islamic Republic called on all international bodies to take appropriate measures in response to this incident

April attack on Mali involved Ukrainians, locals say — media

According to eyewitnesses, Europeans were fighting alongside Tuareg rebels from the Azawad Liberation Front

Russian defense chief orders Battlegroup West to increase pace of advance

Andrey Belousov thanked the command staff of the battlegroup's units and presented combat awards to distinguished service members who demonstrated courage

Aftermath of Ukrainian drone attack on Russian regions, one killed in Volgograd region

Drone debris hit industrial fuel storage facilities in the Yaroslavl Region

US fighter jet downed over Iran likely conducted strikes on ground targets — media

According to CBS News national security analyst Aaron MacLean, the pilots of the downed fighter had sidearms

Baltic states should not talk about strikes on Kaliningrad — Croatian president

Zoran Milanovic emphasized that alliance solidarity "also implies responsibility"

Orban calls on Hungary’s new government to remain neutral in Ukraine conflict

The former Hungarian prime minister calls on the Hungarian government to avoid taking any steps toward a pro-war Europe

EAEU already using common digital standards — Putin

E-commerce rules are unified, electronic navigation seals are used and the integrated information system of the labor market is functioning, the Russian leader said

Iran divides countries into three categories based on use of Strait of Hormuz — TV

According to the TV channel, all states are divided into three categories — "hostile," "neutral," and "friendly"

Russia has advantages in struggle for AI technologies — Putin

The Russian leader noted that the governments and multinational corporations were already opening the rivalry for leadership in this sphere

Romanian MFA summons Russian ambassador over drone incident

According to Romanian Foreign Minister Oana Toiu, Vladimir Lipayev will be notified of the measures that Romania will take at the diplomatic level in response to the incident

Politicians like Kallas cannot claim role in Ukraine peace talks — senior Russian MP

Attempts by European politicians to "force their way" into the negotiation process through ultimatums "are doomed to fail," Leonid Slutsky emphasized

Kremlin spokesman comments on EU’s lack of initiative, Russia’s warning of strikes on Kiev

"Not everyone" is taking Moscow’s warning of plans to carry out strikes on defense industry facilities in Kiev "seriously," Dmitry Peskov said

EU needs Moldova as gateway for weapons supplies to Ukraine — ex-leader

The leader of Moldova’s largest opposition Party of Socialists, former Moldavian president Igor Dodon, said that "a boatload of supplies for the war in Ukraine has been moved through Moldova"

EU to continue demanding ceasefire in Ukraine as condition for talks — Kallas

In her view, "any peace agreement" must include recognition of Ukraine's right "to choose its own alliances"

Sweden’s deliveries of fighter jets to Kiev unbecoming amid deadly attack on Starobelsk

Prime Minister of Sweden Ulf Kristersson said that Sweden will hand over 16 Jas 39 C/D Gripen fighter jets to Ukraine and sell 20 new Jas 39 E/F aircraft

Top EU diplomats made no decisions regarding possibility of talks with Moscow — source

According to the European diplomatic source, it is too early to speak about any practical decisions

NASA chief promises to help establish cause of New Glenn rocket explosion in Florida

The agency’s Administrator Jared Isaacman noted that NASA will also provide information on any impacts to the Artemis and Moon Base programs as it becomes available

Armenia’s ties with EU, drone incident in Romania: Kremlin spokesman’s remarks

Dmitry Peskov emphasized that moving toward the EU was an absolute sovereign right of Armenia, but it could not and should not do so at the expense of the finances of the EAEU member states

US to do everything possible to bring Raul Castro to country — Justice Department

US Acting Attorney General Todd Blanche emphasized that one of the leaders of the Cuban Revolution has to face charges

International alliance in AI area created at Russia’s initiative — Putin

These structures have brought together business, scientific, and academic circles from many interested countries, the Russian leader noted

Ukrainian front collapsing near Novovasilyevka in Kharkov Region — military expert

Andrey Marochko added that the Russian army is intensifying its offensive and expanding the buffer zone there

Taking of Novopidgorodnoye paves way for Battlegroup Center advance — defense minister

Andrey Belousov congratulated servicemen of the 433rd Guards Motorized Rifle Regiment on the liberation of Novopidgorodnoye

Unrivaled Sibiryachok recon drone unveiled in Moscow

The main differentiator of the domestically produced UAV is its ability to carry an additional battery or a laser rangefinder for target acquisition

Gas leak explosion kills three people in US city of Dallas — TV

Another five people suffered injuries