Russian crude oil exports from key western ports fell to a 19-month low in July, which led to an overall decline in marine oil flows worldwide.
russian oil companies have reduced drilling rates by 2. 5% compared to last year due to OPEC+ production cuts. russia is implementing two sets of cuts, but still produces more oil than agreed.
The Financial Guard of Florence arrested the castle of a Russian businessman at the request of Ukraine. The arrest is related to the case of $60 million in damages to the State Food and Grain Corporation of Ukraine.
Foreign Affairs warns that the resumption of US nuclear testing could lead to a new arms race. Russia and China may follow suit, which would make the US nuclear adversaries more capable.
The Ukrainian beach soccer team defeated the UAE 5-2 in Batumi. The team took first place in Group B of Division B of the Euroleague 2024 and reached the semifinals of the tournament.
Putin had a telephone conversation with the Prince of Saudi Arabia. The parties discussed cooperation in the political, trade, economic and energy spheres, emphasizing the importance of coordination within the framework of OPEC+.
Saudi Arabia has threatened to sell European debt if the G7 countries decide to confiscate nearly $300 billion of Russia's frozen assets.
Former Brazilian President Jair Bolsonaro has been formally charged with money laundering for allegedly misappropriating jewelry worth about $900,000 donated by Saudi Arabia during his tenure.
Iraqi militants promise to intensify attacks on Israel and target U. S. interests in Iraq and the Middle East if a war between Israel and Hezbollah in Lebanon breaks out.
The Saudi Embassy in Lebanon urged its citizens to leave the country immediately due to the escalation of tensions between Israel and Hezbollah.
More than 1300 pilgrims died in Saudi Arabia due to the extreme heat caused by climate change, when the temperature in Mecca reached over 51. 8°C.
"The MHP family's food museum and the Super Fileo brand influencer campaign won awards in the X-RAY marketing initiative competition.
Usyk left the IBF belt vacant for Joshua and Dubois, calling it his "gift" for their fight.
Hundreds, if not thousands, of deaths and numerous wildfires have occurred in Europe, Asia and the United States due to record high temperatures in recent days.
According to Ukrainian Foreign Minister Dmytro Kuleba, Ukraine plans to hold the next global peace summit in one of the countries of the Global South, while several potential host countries will show interest.
The death toll during Khoja in Saudi Arabia this year exceeded 1,000 people, and more than half of them are unregistered believers who made the pilgrimage in extreme heat.
At least 550 pilgrims have died during this year's grueling Hajj pilgrimage, with most of the deaths attributed to heat-related illnesses exacerbated by hot weather and climate change in the region.
Malaysia is preparing to join the BRICS, a group of developing countries, Prime Minister Anwar Ibrahim said.
80 countries and 4 organisations supported the final communiqué of the Peace Summit.
The participants of the Peace Summit in Switzerland have drafted a final declaration. They call for the return of the Zaporizhzhia nuclear power plant to Ukrainian control, the restoration of safe access to Ukrainian seaports, and the exchange of prisoners of war. Russia is accused of causing massive human suffering and destruction through its aggression against Ukraine.
Ukraine and Saudi Arabia discussed the development of bilateral relations and agreed to work towards a just peace based on the UN Charter and respect for Ukraine's sovereignty and territorial integrity.
Saudi Arabia hopes for a quick end to the Russian-Ukrainian war due to its good relations with both sides, as stated by Saudi Foreign Minister Prince Faisal bin Farhan Al Saud at the Global Peace Summit.
Switzerland has recorded an increase in the number of cyber attacks and disinformation on the eve of the Peace Summit, which aims to create a path to peace in Ukraine, and about 90 countries and organizations have registered to participate in it.
Saudi Arabia denied access to Mecca to more than 300,000 unregistered pilgrims before the start of the annual Hajj.
Thailand will join the Peace Summit in Switzerland on June 15-16.
The peace summit aims to involve representatives of the Russian Federation in peace talks, paying special attention to nuclear and food security, as well as the return of abducted Ukrainian children.
Saudi Arabia refused to participate in the Ukrainian peace summit in Switzerland on June 15-16, allegedly due to the absence of Russia.
OPEC + countries have agreed to extend most of their oil production cuts until 2025, gradually curtailing them to support the market amid slow growth in global demand.
Biden's participation in the peace summit in Switzerland remains uncertain, as the United States has not confirmed his presence, possibly for security reasons. Its presence or high-level representation by the United States is crucial for demonstrating Western support for Ukraine's peace initiative.
According to a report by Amnesty International, at least 1,153 people were executed worldwide in 2023, up 31% from the previous year, with a sharp increase in Iran and Saudi Arabia.