Eurasia Press & News

The Russian invasion of Ukraine has led to historically high oil prices. Oil prices across the Middle East and the world hit all-time highs again today. The price of Brent crude oil, widely considered the global benchmark for oil prices, briefly traded above $139 a barrel overnight. This was the …

Ankara has adopted a dual approach on the Ukraine crisis through moves both pleasing its NATO allies and positioning Turkey as a lifeline for Russia amid crippling Western sanctions on the country. Diverging from its NATO allies, Turkey has been positioning itself as an alternative platform in the face of …

The embargo on Russian energy supplies comes as negotiators in Vienna appear close to striking a deal that would ease sanctions on Iran’s oil sector. President Joe Biden announced a ban on Russian oil and gas imports into the United States Tuesday as his administration tightens its squeeze on Russia’s …

Prime Minister Naftali Bennett’s delegation found Russian President Vladimir Putin focused and determined, and neither delusional nor out of control. Just over 24 hours after the dramatic Moscow meeting between Israeli Prime Minister Naftali Bennett and Russian President Vladimir Putin, a weapons depot was bombed south of Damascus. The strike, …

Empires often follow the course of a Greek tragedy, bringing about precisely the fate that they sought to avoid. That certainly is the case with the American Empire as it dismantles itself in not-so-slow motion. The basic assumption of economic and diplomatic forecasting is that every country will act in …

As the Russian forces continue to target and bomb civilian infrastructure and non-combatants as it presses on its invasion of Ukraine, the cities of Vinnytsia and Mariupol had been the subject of Russian advances together with the city of Irpin, which had earlier been reported to be under attack from …

Tunisia’s president on Monday appointed a temporary replacement for the country’s top judicial council, a body he dissolved last month in what his opponents called a move to consolidate his power. President Kais Saied seized executive authority last year and last month broke up the top supreme judicial council which …

Cash-stripped Sudan on Monday announced it will float the country’s currency as economic conditions deteriorate further, some four months after a military coup plunged the African nation into further turmoil. The Central Bank of Sudan said banks and exchange firms will determine the value of the Sudanese pound based on …

Yemen’s Houthi rebels launched at least one missile into the busy waters of Red Sea over the weekend, a U.S. official said Monday, raising the risk of the rebels striking one of the many commercial vessels using a waterway crucial to global shipping. The Red Sea connects onto the Suez …

Libya’s national oil company said it resumed oil production Tuesday at two oil fields that were shut down by an armed group over the weekend. The closures caused the country’s daily output to drop by 330,000 barrels for three straight days. The state-run National Oil Corporation said pump valves at …