The price of Urals oil fell to $36. 61 per barrel, the lowest since March 2023, ahead of US sanctions against Rosneft and Lukoil. This drop will reduce tax revenues to the Russian budget, which funds the war against Ukraine.
India has signed its first long-term agreement with the United States to import 2. 2 million tons of liquefied petroleum gas next year. This will strengthen energy ties and help New Delhi conclude a trade deal with Washington.
Ukrainian athlete Pavlo Korostylov won a gold medal at the World Shooting Championship in Cairo. He won the 25m center-fire pistol event, scoring 584 points.
US President Donald Trump said that Republicans are considering a Senate bill on sanctions against countries that do business with Russia. The document provides for tariffs of up to 500% on imports from countries that buy Russian energy carriers and do not support Ukraine, including China and India.
Russia's fossil fuel exports in October fell to their lowest levels since the start of the full-scale war, amounting to 524 million euros per day. This is 4% less than in September, due to Ukrainian attacks and international sanctions.
In Indian Kashmir, nine people were killed and 32 injured when seized explosives detonated at a police station. The incident occurred during a forensic analysis of the explosives, damaging buildings.
The White House announced new trade agreements with four South and Central American countries. This could lead to a reduction in tariffs on imports of certain types of coffee, bananas, and beef from Argentina.
Chinese President Xi Jinping will not participate in the G20 summit, which will be held in November in Johannesburg; he will be represented by Premier Li Qiang. This decision means that the event will take place without the leaders of the US, China, and Russia.
Global carbon dioxide emissions from burning fossil fuels reached a record 38. 1 billion tons in 2025. The carbon budget for keeping warming within 1.5°C is almost exhausted, indicating an increase in the dangerous consequences of global warming.
French President Emmanuel Macron is considering inviting Chinese leader Xi Jinping to the G7 summit in 2026, a move that could be a bold diplomatic step. The idea has been discussed with some allies, and Macron may visit China in December.
Lukoil shares on the Moscow Exchange fell to 4,900 rubles, and the company's capitalization decreased by $9. 6 billion after new US sanctions. This led to the blocking of sales of foreign assets and problems with operations in international markets.
Iceland has included the possible collapse of the Atlantic Meridional Overturning Circulation (AMOC) in its national security strategy. This event could cause a sharp cooling in Europe and have global consequences.
Putin will visit India on December 5, despite Russia's war against Ukraine. This comes amid a strengthening strategic partnership between Moscow and New Delhi.
In October, 15. 97 million tons of oil were exported from Russian ports by 140 tankers, 84 of which belong to the "shadow fleet". The main destinations for supplies were India, China, and Turkey.
A significant portion of the increase in oil volume on tankers since late August comes from sanctioned countries. This indicates disruptions in oil trade and threatens the revenues of sanctioned oil-producing states.
China is stepping up efforts to import Russian gas, laying the groundwork for its own "shadow fleet" of vessels to transport liquefied fuel, bypassing US sanctions. This will allow it to diversify supplies and strengthen ties with Russia, which needs buyers for its LNG.
In Pakistan, 27 people were injured in a suicide bombing near a police vehicle. The group "Jamaat-ul-Ahrar" claimed responsibility for the attack, although the Pakistani "Taliban" denied its involvement.
Brent and WTI crude futures fell by 0. 4% and 0.5% respectively, due to oversupply concerns. This happened despite uncertainty about the impact of US sanctions on Russian oil companies and optimism about the resumption of the US government's work.
The United States of America plans to lower import tariffs for India. This is due to New Delhi's significant reduction in the volume of Russian oil purchases.
In India's capital, Delhi, a car bomb near the historic Red Fort killed eight people and injured more than 20. The cause of the incident is under investigation, with six vehicles and three auto-rickshaws damaged.
The visit is scheduled for December this year. Putin last visited India in December 2021.
US Secretary of State Marco Rubio will visit Canada's Niagara region this week for a meeting of G7 foreign ministers. He will discuss President Trump's efforts for peace in Ukraine and Gaza, security in Haiti and Sudan, maritime security, critical minerals, and global supply chains.
Brent crude futures rose to $64. 08 a barrel, and US WTI crude to $60.23. This happened amid expectations of a quick end to the US shutdown, which could increase oil demand.
Ukrainian Foreign Minister Andriy Sybiha stated that Russia attacked substations supplying electricity to the Khmelnytskyi and Rivne nuclear power plants. He called for an urgent meeting of the IAEA Board of Governors.
Trump announced successful talks with Indian Prime Minister Narendra Modi and confirmed his intention to visit India in the near future. The visit is expected to strengthen the strategic partnership between the countries, especially against the backdrop of shared economic and security interests.
Off the coast of Somalia, a Maltese-flagged tanker was fired upon with machine guns and grenade launchers, after which armed attackers boarded the vessel. The Greek shipping company confirmed the attack, stating that all 24 crew members are safe.
A powerful typhoon in the central Philippines has claimed at least two lives, forcing tens of thousands of residents to evacuate their homes. The disaster caused flash floods, trapping people on rooftops and submerging cars.
Gopichand Hinduja, billionaire and co-owner of the Hinduja Group, has died at the age of 85 after a long illness. He was known as the richest man in the UK.
In Rome, a part of the medieval Torre dei Conti tower collapsed during reconstruction funded by Italy's National Recovery Plan. Firefighters rescued four workers, and one is still being searched for under the rubble.
In southern India, a truck carrying concrete aggregate crashed into a passenger bus en route to Hyderabad. The incident killed at least 20 people and injured about two dozen more.
