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The Latest Breaking News from Russia

Crude Continues Higher on US and EU Sanctions on Russian Energy

December WTI crude oil (CLZ25 ) today is up +0.51 (+0.83%), and December RBOB gasoline (RBZ25 ) is up +0.0141 (+0.75%). Crude oil and gasoline prices today extended Thursday's sharp gains that occurred after the US and EU ramped up sanctions on Russian energy and energy infrastructure, raising the prospect...

Barchart

What a Soaring Ruble Says About the Russia-Ukraine War, and How to Trade It Now

The Russian ruble has emerged as one of 2025’s strongest currencies, supported by high interest rates, tight capital controls, and optimism over a potential ceasefire in Ukraine — making the USD/RUB pair a key gauge of global trade policy and geopolitical risk.

Barchart

UK judge sentences 5 men for roles in Russia-linked arson attack in London

A British judge has sentenced five men for their roles in an arson attack in London that authorities say was masterminded by Russian intelligence as part of a wider campaign of sabotage and disruption

The Independent UK

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Arsonists jailed for 'terror' attack on east London warehouse on behalf of Putin's Russia

Dylan Earl orchestrated the arson attack after getting instructions from agents of Putin’s Russia

Evening Standard

Wagner Group stooges jailed for Russian state ‘sabotage campaign’ on UK warehouse

The warehouse was targeted by the terrorist Wagner Group because it was being used to supply humanitarian aid and StarLink satellite equipment to Ukraine

The Independent UK

Napoleon’s soldiers who died in Russian retreat had unexpected diseases, study finds

Analysis of DNA from teeth of troops buried in mass grave suggests soldiers had paratyphoid fever and relapsing fever

The Guardian - UK

DNA reveals what killed Napoleon's soldiers during their disastrous retreat from Russia in 1812

A mass grave holding soldiers from Napoleon Bonaparte's French army reveals some of the diseases that killed the Grande Armée during its disastrous retreat from Russia in 1812.

LiveScience

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Unblocking Russian frozen assets 'matter of time', says EU Commissioner Lahbib

Belgium is internationally seen as the main obstacle to a European proposal to issue a €140 billion loan to Ukraine using the immobilised Russian assets held in Brussels.

Euronews

Another European country introduces military conscription amid Russia-Ukraine war fears

Conscription was suspended in 2008 when the country shifted to a volunteer system

The Independent UK

Ukraine wants US to stay involved, says Zelenskyy after meeting western allies

Ukrainian leader joined ‘coalition of the willing’ in London to discuss how to ramp up pressure on Russia

The Guardian - UK

Surprise sanctions look to have ended Trump and Putin’s Groundhog Day

His patience exhausted, the US president has taken action that could bite, but is unlikely to alter Moscow’s course in Ukraine

The Guardian - UK

Russia Cuts Key Interest Rate, Warns Of Tepid Growth

Russia's central bank on Friday cut its benchmark interest rate and said growth had slowed to almost zero as the economy sags under the cost of the Ukraine offensive and Western sanctions.

International Business Times

Putin says Russia will not cave under US sanctions, Trump replies ‘we will see’

Russia’s president downplayed the latest US sanctions as an “unfriendly act” which he claims would not have much impact on Russia’s economy or its stance on Moscow’s war in Ukraine. His comments were largely dismissed by Donald Trump, who said, “I am glad he feels this way”.

Euronews

Witkoff to meet Putin's envoy amid new U.S. sanctions on Russia

Earlier this week, Trump canceled plans for a meeting with Putin in Budapest.

Axios

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Euronews

Kim Jong-un inaugurates 'sacred' memorial for North Korean soldiers killed in Kursk

North Korea's leader Kim Jong-un said military brotherhood between his country and Russia would "advance non-stop," the state-run KCNA news agency reported.

The Independent UK

North Korea builds memorial to soldiers killed fighting for Russia against Ukraine

Kim Jong Un says alliance with Russia ‘now rising to historic peak’

The Independent UK

Trump’s toughest sanctions yet on Russia may upend oil markets and test India’s ties with Moscow

America’s latest sanctions on top Russian oil producers throw India’s lucrative energy strategy into disarray, leaving it to navigate soaring costs, disrupted supplies, and the politics of managing relations with Washington and Moscow. Shweta Sharma writes

The Independent UK

Ukraine foiled plans to reconnect Zaporizhzhia power plant in time for Putin’s birthday

The power plant in Russian-occupied Ukraine was without external power for a month before repairs were made

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The Independent UK

Nato scrambles fighter jets after Russian planes violate Lithuania’s airspace in ‘blatant breach’

The encroachment comes after several alleged Russian airspace violations in Estonia, Poland, Romania and Denmark

Caixin Global

Business Brief (Oct. 24): Oil Prices Jump on U.S., EU Sanctions Against Russia

China to hold high-level trade talks with the U.S. in Malaysia, the Communist Party releases its economic development goals for the next five years

Evening Standard

Ukraine drones fly 1,250 miles to punch holes in Putin's air defences and target oil sites deep inside Russia

Kyiv and Moscow are locked into a technology race to develop new drones and other weapons

The Independent UK

Zelenskyy to meet European leaders in London for talks on military aid for Ukraine

Ukrainian President Volodymyr Zelenskyy is set to meet European leaders in London on Friday

Benzinga

Nasdaq Jumps 200 Points Amid Trump's Russia Sanctions: Investor Fear Eases, Greed Index Remains In 'Fear' Zone

The CNN Money Fear and Greed index showed some easing in the overall fear level, while the index remained in the “Fear” zone on Thursday.

Benzinga

Ray Dalio Warns Donald Trump's Sanctions 'Inevitably Weaken' Global Monetary Order, Reducing Dollar 'Demand'

Billionaire investor and hedge fund Bridgewater Associates founder Ray Dalio has issued a stark warning that provides a critical historical framework for the Donald Trump administration’s escalating financial wars against Russia, China, and Canada.

The Guardian - UK

‘Ukraine’s future is our future’, says Starmer, as he vows coalition will take Russian oil and gas off market to choke funding – as it happened

Zelenskyy, Starmer and members of ‘coalition of willing’ give press conference

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