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Oil price may exceed $150 per barrel already this week — RDIF CEO

The longer the Strait of Hormuz remains shut, the higher oil and natural gas prices will rise, the more severe the energy crisis in the EU/UK will become, and the longer the recovery period will be, Kirill Dmitriev said

MOSCOW, April 12. /TASS/. Russian president’s special envoy for investment and economic cooperation with foreign countries and CEO of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev has warned that oil price may surpass $150 per barrel already this week.

"The longer the Strait of Hormuz remains shut, the higher oil and natural gas prices will rise, the more severe the energy crisis in the EU/UK will become, and the longer the recovery period will be. $150+ oil may be reached as early as this week," he wrote on his X page after US President Donald Trump announced the beginning of the blockade of the Strait of Hormuz.

"$150+ oil as predicted, within the predicted timeline," Dmitriev added.

Fuel protests in EU, UK only beginning — RDIF CEO

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Iranian foreign ministry confirms that US-Iranian talks continue

Iranian Foreign Ministry Spokesman Esmail Baghaei stressed that a broad range of issues was discussed in the past day

Russia could sell gas to EU if anything is left from supplies to other markets — Kremlin

According to Kremlin Spokesman Dmitry Peskov, European countries’ decision to abandon Russian oil and gas indicates the short-sightedness of their current authorities

Iran to open Hormuz after end of war with the US, Israel — Iranian Supreme Leader’s envoy

Abdul Majid Hakim Elahi said that countries would benefit from it

Iran denies US Navy destroyer passed through Strait of Hormuz

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Moskva cruiser sank while being towed in a storm — Russian Defense Ministry

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China denies plans to supply air defense systems to Iran

China consistently fulfills its international obligations, Liu Pengyu, a spokesman for the Chinese diplomatic mission in the United States, said

Pro-government rally under way in Tehran amid Iran-US talks

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IRGC to prevent all military vessels from crossing Strait of Hormuz

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Roscosmos chief approves schedule of creating Russian orbital station through 2033

Russia is set to launch the future orbital outpost’s first research and energy module in 2027, the space corporation said

Russian Defense Ministry starts mass production of Tsirkon missiles - Shoigu

Russian Defense Ministry to continue production of Kinzhal missiles

Iran, US continue expert-level talks in Islamabad — TV

"Iinformation from the talks has been scarce, but sources say that the general atmosphere can be described as positive," the TV channel said

Estimate of jet fuel shortage start in EU too optimistic — Dmitriev

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FACTBOX: Orthodox Easter

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Former UN expert blames US for failure of talks with Iran

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Press review: Putin opposes calls for sanctions on Georgia and Trump, UK envoy trade barbs

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Over 380 residents of Kursk borderline areas still missing

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Russia pushes Ukrainian army to western bank of Udava near Miropolskoye in Sumy Region

Military expert Andrey Marochko says Miropolskoye was earlier liberated

Russian army advances 1.5 kilometers near Miropolye in Sumy Region

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Putin notes huge constructive role of Russian Orthodox Church

The Russian leader emphasized that it helps to preserve Russia’s historical and cultural heritage

Russian president, patriarch exchange Easter gifts

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Date, venue of next round of US-Iranian talks unknown — Tasnim

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Russian air defenses down six smart bombs, 134 Ukrainian fixed-wing drones in past day

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Paris ready to help ensure safe navigation in Hormuz — Macron

The French president added that Iran needs to "take advantage of the opportunity offered by the negotiations initiated in Islamabad to pave the way for sustainable de-escalation"

Over 500 detained in London for supporting Palestine Action

The age of those arrested ranges from 18 to 87, the London Metropolitan Police said.

Russia to halt rocket engine deliveries to US, says Roscosmos chief

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Russia hands over last RD-180 rocket engines to US under existing deal

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Druzhba oil supplies depend on outcome of Hungarian vote — ex-Ukrainian PM

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Zelensky’s ‘Middle Eastern bravado’ flops — envoy

"Ukrainian air defense specialists" were kicked out "after catastrophic failures", the Russian foreign ministry ambassador at large on Kiev’s war crimes said

Putin calls 2025 generally positive year for Russian cosmonautics

Consolidated revenue increased by 10%, to over $63 million, the Russian president said

UK and EU officials can fool many, but not all — Dmitriev

This is how Kirill Dmitriev commented on the news that France has joined the protests against rising fuel prices

Trump claims US starts ‘clearing out’ Strait of Hormuz

The US president also said there is a danger of ships passing through the Strait of Hormuz being damaged with sea mines

US-Iran talks last for more than five hours

Consultations began around 17:00 local time

Researchers from Wegener Institute discover unknown island in Antarctica

A 93-strong expedition team was exploring the northwestern Weddell Sea when the island "appeared." The available nautical charts mark it as a danger zone

Two supertankers U-turn in Strait of Hormuz — Bloomberg

According to the news agency, three large crude carriers began to approach the waterway from the Gulf of Oman late on Saturday

Ukraine violates Easter truce by attacking Donetsk with drones

Work of the air defense system was visible in the sky accompanied by the sound of an explosion

Iran to restore oil refinery on Lavan Island soon — official

Teams are currently working to remove the rubble and replace damaged equipment, Deputy Oil Minister Mohammad Sadegh Azimifar said

Piece of Holy Fire delivered from Jerusalem to Moscow

It is expected that various dioceses will be able to receive a particle soon

Trump reiterates Strait of Hormuz to be soon open to navigation

"And the empty ships are rushing to the United States to "load up", the US president said

Russia ready for dialogue with NATO if it improves security in Europe - senior diplomat

Russia is ready for dialogue with NATO if that helps improve security in Europe, but so far there is no positive agenda with the alliance, said Russian Deputy Foreign Minister Alexander Grushko

Iran to maintain contact with Pakistan after talks with US — MFA

Tehran is grateful to Islamabad for its mediation efforts, Iranian Foreign Ministry Spokesperson Esmaeil Baghaei said

Agricultural crisis prompts panic among EU and British officials — Dmitriev

Earlier, Kirill Dmitriev wrote that European farmers facing a shortage of fertilizers may not have enough patience, and will be the first to remind Kaja Kallas and Ursula von der Leyen of their strategic miscalculation

Fuel protests in EU, UK only beginning — RDIF CEO

"Farmers will be the first wave, followed by industrial workers as deindustrialization accelerates, Kirill Dmitriev said

Voter turnout in Hungarian parliamentary elections exceeds 50%

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Pakistan also thanked both delegations for accepting Islamabad’s invitation to participate in the consultations

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The delegations are "conducting a direct dialogue"

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Plane carrying Russian soldiers who returned from captivity lands in Moscow Region

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Several US Navy ships pass through Strait of Hormuz without Iran’s permission

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Russian Foreign Ministry calls Johnson ‘villain, who returned to crime scene’

Zakharova said that "Johnson personally participated in the process of canceling the negotiation process" and escalation of the Ukrainian conflict

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Hungarian government to keep foreign policy, if it wins elections — Szijjarto

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Roscosmos signs cooperation memorandum with Zimbabwe's space agency

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Ukraine’s attack on Novaya Kakhovka shows talking with Kiev impossible — senator

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Putin, Iranian president discuss developments in Middle East

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Holy Fire descends in Church of Holy Sepulchre in Jerusalem

The descent of the Holy Fire takes place in the Kuvuklia

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Iran and the US reached an understanding on a number of issues, but views diverged on two or three important issues, Iranian Foreign Ministry Spokesperson Esmaeil Baghaei stated

International Criminal Court as West’s puppet proves its inferiority — Russia’s UN envoy

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US vice presidential pool says he departed from Pakistan

JD Vance boarded the plane at 2:08 a.m. GMT

Russia pounds Ukrainian long-range naval and aerial drones’ facilities over past day

Russian troops struck storage sites of Ukrainian unmanned naval, Russia’s Defense Ministry reported

US to continue attacking Iran if it rejects Washington’s terms — Trump

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No one can cope with current global situation alone — Lavrov

The Russian foreign minister said that the Institute of World Economy and International Relations, which celebrates its 70th anniversary this year, "has been actively involved in the preparation of all editions and concepts of the Russian Federation's foreign policy since 2000

Ukrainian drones wound two Belgorod Region civilians — governor

Shelling of Shebekino broke windows and damaged facades, fences of 18 private houses, six outbuildings, and six cars

Putin describes Ukraine as artificial state

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Putin to hold talks with Indonesian president in Moscow on April 13 — Kremlin

The two leaders will discuss the current state of Russian-Indonesian strategic partnership and ways to strengthen it, as well as pressing international and regional issues

Oil price may exceed $150 per barrel already this week — RDIF CEO

The longer the Strait of Hormuz remains shut, the higher oil and natural gas prices will rise, the more severe the energy crisis in the EU/UK will become, and the longer the recovery period will be, Kirill Dmitriev said

Russia needs to develop its own LLMs to guarantee its progress — Putin

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Israeli army attacks Lebanon amid US-Iran talks

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Estonia will not detain Russian vessels in Baltic Sea due to risk of escalation

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Iran, US disagree on two or three important topics — foreign ministry

Iranian Foreign Ministry Spokesman Esmail Baghaei noted that some new topics were added during these talks, such as the Strait of Hormuz issue

Remaining hostages from Kursk Region to return home from Ukraine today — commissioner

Tatyana Moskalkova also noted that the negotiations on the release of hostages had been difficult

Court in Kirov finds guilty Navalny in Kirovles criminal case

Oppositional blogger and candidate for Moscow mayor faces up to ten years in prison

Press review: Big bucks flow at EEF and Macron's PM pick has left talking impeachment

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Meteor-M satellite launched from Vostochny spaceport reaches orbit

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Putin congratulates Amedi on election as president of Iraq

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Iranian delegation leaves Pakistan after talks with US — TV

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Dmitriev calls on British and EU officials to 'urgently correct mistakes' amid protests

"UK/EU people are tired of migration, warmongering, lack of fuel, and are rising up," Russian President’s special representative and Russian Direct Investment Fund CEO Kirill Dmitriev said

White House official says US-Iran talks in Pakistan still continue

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Lasting peace with Ukraine to be established when Russia secures its interests — Kremlin

It is necessary to attain the goals of the special military operation, Russian presidential press secretary Dmitry Peskov said

Trump warns China against sending weapons to Iran

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Putin, Belarusian president discuss cooperation in phone call

In addition, the two leaders wished a happy Easter to each other and the two countries’ people

Strait of Hormuz status to remain unchanged until common framework with US reached — CNN

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Russian Emergencies Ministry issues tsunami warning for Sakhalin island after Japan quakes

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Parliamentary elections to be held in Hungary

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FACTBOX: Cosmonautics Day

It established under a decree by the USSR Supreme Soviet of April 9, 1962 in honor of the world’s first space flight by a Soviet citizen