Is Russian Oil Flowing to Bulgaria in 2026?
Bulgaria's only oil refinery, Lukoil Neftochim Burgas, processed Russian crude for most of its post-Soviet history. Since March 2024, that has been banned by law
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Ukraine's President Viktor Yanukovich (left) meeting with Russian President Medvedev in Moscow Friday. Photo by EPA/BGNES
Russian PM Putin has invited Ukrainian President Yanukovich to integrate his country with the Russia-Belarus-Kazakhstan customs union.
Yanukovich was on his official visit to Moscow Friday meeting first with Russian President Dmitry Medvedev, and then with Putin.
The new Ukrainian President has given no immediate answer to Putin’s invitation. Last week he made it clear that Ukraine’s continued integration with the European Union would be a priority for his administration. The possibility of Ukraine joining the Russian sponsored customs union would put in question the country’s EU prospects.
However, Yanukovich has stated his desire to “reanimate” his country’s relations with Russia which, in his view, were damaged severely during the term of his successor Viktor Yushchenko.
The new Ukrainian President said the Russian Black Sea Navy should be allowed to keep its bases on the Crimean Peninsula after the present leases expire in 2017.
A report by the Financial Times claims that Iran secretly obtained a Chinese-made spy satellite in late 2024, which was later used to track US military installations across the Middle East during the recent conflict
The International Monetary Fund has revised downward its outlook for the euro area, now projecting economic growth of 1.1% this year
US President Donald Trump said the conflict with Iran is “very close to over,” pointing to the possibility of a new round of direct talks expected to take place in Pakistan in the coming days
A shooting at a school in southeastern Turkey left 16 people injured after a former student opened fire before taking his own life, according to local authorities.
Despite the US-imposed naval blockade targeting Iranian-linked maritime traffic through the Strait of Hormuz, several sanctioned vessels have continued to pass through the strategic waterway
The European Union has agreed on a major overhaul of its steel import regime, effectively doubling tariffs in an effort to protect domestic producers from what officials describe as a growing wave of low-cost foreign, particularly Chinese, exports
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