Oil Prices Hit 5-Month Highs
In the oil market, the upward trend continues at the beginning of the new week, with prices rising to nearly 5-month highs due to increasing geopolitical risks related to supply disruptions
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The US has made no move to resume negotiations on a new strategic nuclear arms reduction treaty to replace the so-called “New START” from 2011, said Russian Foreign Minister Sergey Lavrov.
Washington is ready to "accelerate negotiations on a new arms control framework" to replace “New START” when it expires in 2026, while President Vladimir Putin has said there can be no winners in any nuclear war.
"It has become their habit to announce things on the microphone and then forget about them," Lavrov said. "There have been no approaches to us to resume the negotiation process."
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Turkish President Recep Erdogan has joined a chorus of world leaders in congratulating Vladimir Putin on his landslide victory in Russia's presidential election
Amid the ongoing war between Russia and Ukraine, the Kremlin has put forward the idea of establishing a "buffer zone" on Ukrainian-controlled territory, a move aimed at safeguarding Russian regions from potential attacks
Cerstin Gammelin, spokeswoman for the German president, conveyed that Frank-Walter Steinmeier will abstain from extending congratulations to Russian President Vladimir Putin for his victory in the perceived fraudulent elections
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