On October 23, a Ukrainian drone struck the Ryazan oil refinery, Russia's fourth-largest, halting operations at a key processing unit. This led to the shutdown of the CDU-4 crude oil primary distillation unit, which provided about a quarter of the plant's capacity.
Kirill Dmitriev, special representative of the Russian president, confirmed his visit to the United States for a long-planned meeting. He stated that the dialogue would continue despite recent unfriendly steps and US sanctions against Russian oil companies.
India's leading buyer of Russian oil, Reliance Industries Ltd, will comply with Western sanctions against Moscow. The company has a long-term agreement to purchase almost 500,000 barrels of crude oil per day from Russian oil giant Rosneft.
Orthodox priest Oleksandr Zanemonets was dismissed from the Helsinki parish in Finland. The reasons were his poor knowledge of the Ukrainian language and closer ties with Russia than declared, which raised concerns among the special services.
Serbia's only oil refinery, located in the city of Pančevo, could cease operations due to US sanctions against Russian companies Lukoil and Rosneft. Serbian President Aleksandar Vučić warned that without supplies, the refinery would be unable to operate after November 1, although fuel storage facilities are filled until the end of the year.
North Korean leader Kim Jong Un announced the continuous development of military ties with Russia during a ceremony to lay a memorial to North Korean soldiers who fought alongside Russian troops against the Armed Forces of Ukraine. South Korean intelligence reports 4,700 North Korean soldiers killed or wounded in the war against Ukraine.
German authorities are trying to protect Rosneft's subsidiaries in Germany from new US sanctions. At the same time, both German branches of the company are absent from the US Treasury's fresh sanctions list.
The administration of US President Donald Trump has resumed oil and gas exploration and production in the Arctic National Wildlife Refuge in northern Alaska. This decision overturns previous restrictions by the Joe Biden administration and raises concerns among environmental organizations.
David Ellison's Paramount Skydance is the leading contender to acquire Warner Bros. Discovery, despite an initial offer being rejected. The potential deal could be worth up to $74 billion, making it the largest in the media industry in the last decade.
Over 30 individuals, including Chauncey Billups and Terry Rozier, have been accused of involvement in illegal betting schemes and poker game manipulation. These operations, which generated millions of dollars, are linked to New York mafia groups.
European aerospace firms Airbus, Thales, and Leonardo have completed the first phase of establishing a new technology concern in the satellite business. The enterprise will begin operations in 2027, employ 25,000 people, and have a revenue of 6.5 billion euros.
Brent and WTI crude futures jumped 3% after the US imposed sanctions on Rosneft and Lukoil, forcing Indian buyers to reconsider purchases. This caused oil prices to rise, but experts doubt a long-term structural shift in the market.
The Israeli parliament has preliminarily approved a bill to apply Israeli law to the West Bank, which is tantamount to annexation. A bill to annex the Ma'ale Adumim settlement has also been passed.
In the occupied territories of Donetsk region, there is an acute shortage of gasoline, causing multi-hour queues at gas stations. The deficit is linked to Ukrainian strikes on Russian oil refineries.
A new UN-backed forum has been launched to tackle debt problems in developing countries. Global public debt reached $102 trillion in 2024.
The European Union is preparing its 19th package of sanctions against Russia, for the first time including two independent Chinese oil refineries and one trading company. These entities are involved in circumventing Western restrictions, increasing pressure on Beijing.
The US military attacked a suspected drug trafficking vessel in the Pacific Ocean off South America. This is the first known operation as part of a new offensive against drug smuggling that has already swept the Caribbean.
Tesla is recalling 12,963 Model 3 and Model Y electric vehicles in the US due to a potential battery defect. This could lead to a sudden loss of engine power, increasing the risk of an accident.
On October 22, shots were fired and a fire broke out near the Serbian parliament building in Belgrade. Police detained a suspect; there were no casualties.
Russia has handed over an unofficial document to the US with peace terms, again demanding control over Donbas and no NATO troops in Ukraine. This comes amid doubts about a Trump-Putin summit.
Hungarian Prime Minister Viktor Orban confirmed that preparations for a meeting between US President Donald Trump and Kremlin chief Vladimir Putin in Budapest are underway. The meeting was postponed due to Moscow's refusal to agree to a ceasefire in Ukraine, but a date has not yet been set.
Traffic at Vilnius Airport was temporarily suspended on October 21 due to dozens of balloons carrying smuggled cigarettes from Belarus. Eight flights were diverted to Kaunas and Warsaw.
NATO Secretary General Mark Rutte will arrive in Washington on October 21 for an unannounced visit. This comes amid Donald Trump's diplomatic attempts to end the war in Ukraine, despite the cancellation of the Trump-Putin summit in Hungary.
The White House confirmed the cancellation of Donald Trump's meeting with Vladimir Putin in Budapest. The reason was the unsuccessful conclusion of telephone negotiations between negotiators regarding preparations for peace talks.
The summit between the US and Russian presidents in Hungary has been postponed, as Moscow refused to consider terms for an immediate ceasefire in Ukraine. The American side concluded that there was no chance of a real agreement in Budapest.
The Norwegian company Var Energi expects the global oil market to stabilize in 2026, with prices above $60 per barrel. The deficit of investments in production is named as a key factor supporting prices.
A Russian company delivered the first batch of oil to a newly built refinery in Kulevi, Georgia. The tanker "Kayseri" delivered 105,340 tons of Siberian Light oil from Novorossiysk.
Italy expects a record low number of births in 2025, which will deepen the demographic crisis. Last year, 370,000 newborns were registered, the lowest since 1861, and the birth rate fell to 1.13.
Poland has warned Russian President Vladimir Putin of possible arrest if he crosses its airspace for a summit in Hungary with Donald Trump.
Sanae Takaichi became Japan's first female head of government, garnering 237 votes.
