Cart

Cart

Your Cart is Empty

Back To Shop

Strategic Donbas city split down the middle as fighting rages; EU to cut most Russian oil imports – CNBC

Ukrainian bomb disposal team clears unexploded rocket outside Kyiv

Bomb disposal experts from the Ukrainian State Emergency Service make safe a Russian BM-30 Smerch rocket and remove it from a field in Borodyanka, Ukraine.

The demining and clearing of unexploded ordnance in Ukraine after the Russian invasion could take between five-to-seven years. In the Kyiv region alone, over 36,000 items of dangerous ordnance have already been removed.

Bomb disposal experts from the Ukrainian State Emergency Service make safe a Russian BM-30 Smerch rocket and remove it from a field on May 31, 2022 in Borodianka, Ukraine. 

Christopher Furlong | Getty Images

Bomb disposal experts from the Ukrainian State Emergency Service make safe a Russian BM-30 Smerch rocket and remove it from a field on May 31, 2022 in Borodianka, Ukraine. 

Christopher Furlong | Getty Images

Bomb disposal experts from the Ukrainian State Emergency Service make safe a Russian BM-30 Smerch rocket and remove it from a field on May 31, 2022 in Borodianka, Ukraine.

Christopher Furlong | Getty Images

Bomb disposal experts from the Ukrainian State Emergency Service make safe a Russian BM-30 Smerch rocket and remove it from a field on May 31, 2022 in Borodianka, Ukraine. 

Christopher Furlong | Getty Images

— Christopher Furlong | Getty Images

Russia’s blockade of Ukraine’s ports risks ‘catastrophic scenario,’ African Union chair says

The chair of the African Union, Senegal’s President Macky Sall, has told European Union leaders that Russia’s blockade of Ukraine’s ports is paving the way for a “catastrophic scenario” of widespread shortages and price hikes across his continent.

A farmer shovel seeds on an agricultural land as the Russian attacks effect agriculture sector negatively in Kyiv, Ukraine on May 30, 2022.

Dogukan Keskinkilic | Anadolu Agency | Getty Images

In an address to leaders gathered in Brussels for a summit focused on helping Ukraine, Sall said that a halt to grain and fertilizer exports via the Black Sea is very worrying for a continent hosting 282 million undernourished people. He said that the price of fertilizer across Africa has already tripled compared to 2021.

“According to some estimates, cereal yields in Africa will fall by 20 to 50 percent this year,” Sall said. “We would like to see everything possible done to free up available grain stocks and ensure transportation and market access.”

Charles Michel, the EU Council president, said that “the EU is sparing no efforts to free Ukraine’s exports over land and exploring alternative sea routes.”

African countries imported 44% of their wheat from Russia and Ukraine between 2018 and 2020, according to U.N. figures. The African Development Bank is already reporting a 45% increase in wheat prices on the continent.

— Associated Press

Zelenskyy: Ukraine’s classrooms ‘froze’ after Russian invasion

Ukrainian President Volodymyr Zelenskiy addresses South Korean parliament via video link, as Russia’s attack on Ukraine continues, in Kyiv, Ukraine April 11, 2022. 

Ukrainian Presidential Press Service | Reuters

Ukraine President Volodymyr Zelenskyy said that Russia’s invasion of his country has damaged “more than 1,800 educational institutions.”

“Broken windows, damaged desks. Life froze in school classrooms back on February 23,” Zelenskyy said in a social media post, according to an NBC News translation.

“But no matter how difficult it is now, Ukrainians cannot be broken. We will fight, develop, study. For the sake of freedom and our future victory,” Zelenskyy wrote.

Kevin Breuninger

After Ukraine, ‘whole world’ is a customer for Turkish drone, maker says

A Bayraktar TB2 unmanned combat aerial vehicle is seen during a demonstration flight at Teknofest aerospace and technology festival in Baku, Azerbaijan May 27, 2022. 

Aziz Karimov | Reuters

Ukraine’s destruction of Russian artillery systems and armoured vehicles with Turkish Bayraktar TB2 aerial drones has made “the whole world” a customer, according to its designer.

Selcuk Bayraktar, who runs the Istanbul firm Baykar with his brother Haluk, said the drones had shown how technology was revolutionising modern warfare.

“Bayraktar TB2 is doing what it was supposed to do – taking out some of the most advanced anti-aircraft systems and advanced artillery systems and armoured vehicles,” he told Reuters in English beside the new Akinci drone at an exhibition in Baku. “The whole world is a customer.”

— Reuters

Ukraine cheers new EU plan to ban most Russian oil imports

Ukraine applauded European Union leaders for striking an agreement on a new package of sanctions against Russia that includes an embargo on most Russian oil imports.

The EU’s plan to ban 90% of Russian crude imports to the trading bloc by the end of the year “will speed up the countdown to the collapse of the Russian economy and the military machine,” Ukrainian Foreign Minister Dmytro Kuleba said in a statement.

But Kyiv also expressed disappointment that the package was not approved earlier, and that it includes an exception for pipelines supplies. Ukraine pinned the blame for those shortcomings on “Hungary’s resistance to the oil embargo.”

Talks over the weekend were reportedly held up by Hungary, a heavy user of Russian oil whose leader, Viktor Orban, is on good terms with Russian President Vladimir Putin.

Still, Ukraine’s Foreign Affairs Ministry cheered the new sanctions package, which it said will deprive Russia’s military of “tens of billions of dollars” for its invasion of Ukraine. “By deciding on an oil embargo, the EU will not only make it harder for the Kremlin to finance Russia’s aggression, but will also strengthen its energy security,” Kyiv said.

Kevin Breuninger

Photos show the ghost town of Pripyat near the Chornobyl Nuclear Power Plant

Photos show the northern Ukrainian ghost town of Pripyat near the Chornobyl Nuclear Power Plant.

More than 100 employees who had shown up just hours before for their night shift were now trapped as Russian forces crossed into Ukraine and seized swaths of land as they marched toward Kyiv. 

The capture of Chornobyl by Russian forces kicked off a weeks-long ordeal that saw power briefly cut at the facility and employees carefully monitored by the invaders as they grappled with fresh uncertainty during the invasion’s early days.

A photograph shows dogs passing by a Ferris wheel in background in the ghost town of Pripyat near the Chornobyl Nuclear Power Plant on May 29, 2022, amid the Russian invasion of Ukraine.

Dimitar Dilkoff | AFP | Getty Images

A photograph shows dogs passing by a Ferris wheel in background in the ghost town of Pripyat near the Chornobyl Nuclear Power Plant on May 29, 2022, amid the Russian invasion of Ukraine.

Dimitar Dilkoff | AFP | Getty Images

A photograph shows dogs passing by a Ferris wheel in background in the ghost town of Pripyat near the Chornobyl Nuclear Power Plant on May 29, 2022, amid the Russian invasion of Ukraine.

Dimitar Dilkoff | AFP | Getty Images

A photograph shows dogs passing by a Ferris wheel in background in the ghost town of Pripyat near the Chornobyl Nuclear Power Plant on May 29, 2022, amid the Russian invasion of Ukraine.

Dimitar Dilkoff | AFP | Getty Images

A photograph shows a supermarket in the ghost town of Pripyat near the Chornobyl Nuclear Power Plant on May 29, 2022, amid the Russian invasion of Ukraine.

Dimitar Dilkoff | AFP | Getty Images

A photograph shows a graffiti depicting bears in the ghost town of Pripyat near the Chornobyl Nuclear Power Plant on May 29, 2022, amid the Russian invasion of Ukraine.

Dimitar Dilkoff | AFP | Getty Images

A photograph shows the New Safe Confinement at Chornobyl Nuclear Power Plant which cover the number 4 reactor unit on May 29, 2022, amid the Russian invasion of Ukraine.

Dimitar Dilkoff | AFP | Getty Images

— Dimitar Dilkoff | AFP | Getty Images

Russia’s Gazprom cuts off supplies to Dutch gas trader over payment dispute

Gazprom has said foreign buyers of Russian gas must abide by the Kremlin’s gas-for-rubles scheme.

Natalia Kolesnikova | Afp | Getty Images

Russia’s state-controlled energy giant Gazprom has cut off supplies to Dutch gas trader GasTerra over a gas-for-rubles payment dispute.

Gazprom has said payments for gas from foreign buyers must be made in rubles, as per the Kremlin’s orders. Russia has already halted gas supplies to Poland, Bulgaria and Finland — while Danish energy firm Orsted has warned Gazprom could soon cut off its supplies.

GasTerra said on Monday it would not adapt to what it described as Gazprom’s “one-sided payment requirements.”

The company, which buys and trades on behalf of the Dutch government, said it had repeatedly urged Gazprom “to respect the contractually agreed payment structure and supply obligations but to no avail.”

In late March, Russian President Vladimir Putin said countries deemed “unfriendly” by the Kremlin would need to pay for Russian gas in rubles. His comments came in the wake of an unprecedented barrage of punitive economic measures following Russia’s onslaught in Ukraine.

— Sam Meredith

Fighting in Sievierodonetsk has ‘split the city down the middle,’ official says

Smoke rises in the city of Severodonetsk during heavy fightings between Ukrainian and Russian troops at eastern Ukrainian region of Donbas on May 30, 2022, on the 96th day of the Russian invasion of Ukraine.

Aris Messinis | AFP | Getty Images

The head of Sievierodonetsk says fighting between Russian forces and Ukrainian troops has cut the city in half.

Speaking to Ukrainian television, Oleksiy Stryuk said, “Unfortunately the frontline split the city down the middle.”

His comments come as Russian forces continue their offensive in the Donbas region. The Kremlin claims it has seized control of one-third of Sievierodonetsk, although troops had not been able to advance as rapidly as they had hoped.

— Sam Meredith

Heavy shelling continues in Ukraine’s key eastern city of Sievierodonetsk, UK says

A family waits to be evacuated by train in Pokrovsk, Donetsk Oblast, Ukraine, on May 30, 2022.

Anadolu Agency | Anadolu Agency | Getty Images

The U.K.’s Ministry of Defence says heavy shelling continues in the key eastern city of Sievierodonetsk, with street fighting likely taking place on the outskirts of the town.

In its latest intelligence assessment, the ministry said Russian forces had “achieved greater local successes than earlier in the campaign by massing forces and fires in a relatively small area.”

“This forces Russia to accept risk elsewhere in occupied territory,” the ministry said.

“Russia’s political goal is likely to occupy the full territory of Donetsk and Luhansk Oblasts. To achieve this, Russia will need to secure further challenging operational objectives beyond Sieverodonetsk, including the key city of Kramatorsk and the M04 Dnipro-Donetsk main road,” the ministry said.

— Sam Meredith

Ukrainian court sentences two Russian soldiers to jail for war crimes

A Ukrainian court sentenced two captured Russian soldiers to 11 and a half years in jail on Tuesday for shelling a town in eastern Ukraine, the second war crimes verdict since the start of Russia’s invasion in February.

Alexander Bobikin and Alexander Ivanov, who listened to the verdict standing in a reinforced glass box at the Kotelevska district court in central Ukraine, both pleaded guilty last week.

“The guilt of Bobikin and Ivanov has been proven in full,” Judge Evhen Bolybok said.

Both acknowledged last week being part of an artillery unit that fired at targets in the Kharkiv region from the Belgorod region in Russia.

— Reuters

EU leaders split on Russian gas embargo

European Union leaders are split over whether to target Russian gas imports in the bloc’s next set of sanctions against the Kremlin. It comes shortly after the EU imposed a partial oil ban as part of its sixth package of sanctions.

Estonia’s Prime Minister Kaja Kallas told reporters that the EU should go even further and discuss a plan to target Russia’s gas imports in its seventh set of economic measures.

Austria’s Chancellor Karl Nehammer abruptly rejected this idea, however, saying it will not be a topic for discussion this time around.

Russia supplies around 40% of the EU’s natural gas and 27% of its imported oil.

— Sam Meredith

Russia hits back at the EU over partial oil embargo, says it will find other importers

The EU’s partial embargo covers Russian oil brought into the bloc by sea, with an exemption carved out for imports delivered by pipeline following opposition from Hungary.

Attila Kisbenedek | Afp | Getty Images

Russia has suggested it will find other importers for its oil following the EU’s decision to impose a partial embargo.

Russian diplomat Mikhail Ulyanov said via Twitter: “As she rightly said yesterday, #Russia will find other importers.” His comments refer to European Commission President Ursula von der Leyen.

“Noteworthy that now she contradicts her own yesterday’s statement. Very quick change of the mindset indicates that the #EU is not in a good shape,” he added.

The EU’s von der Leyen has said the bloc’s sixth round of economic measures against the Kremlin would effectively cut around 90% of Russian oil imports by the end of the year. She added the EU would soon return to the issue of the remaining 10% of pipeline oil.

Read the full story here.

— Sam Meredith

Russian forces claim a third of Sievierodonetsk is now under their control

Smoke rises in the city of Sievierodonetsk during heavy fighting between Ukrainian and Russian troops on May 30, 2022.

Aris Messinis | Afp | Getty Images

Russian forces claimed to have seized control of one-third of the city of Sievierodonetsk, as they continue their offensive in Ukraine’s Donbas region.

The Donbas refers to two eastern Ukrainian regions of Luhansk and Donetsk — a major strategic, political and economic target for the Kremlin.

“We can state it already that one-third of the city is under our control already,” Leonid Pasechnik, head of the Russian-backed Luhansk People’s Republic, told Russian state media agency Tass.

Pasechnik conceded that Russian forces had not been able to advance as quickly as hoped in the key eastern city, with fighting currently raging in an urban area.

— Sam Meredith

Zelenskyy says 32 media workers have been killed in the war

A journalist climbs out of a crater caused by a Russian missile strike in Ukraine. Ukrainian President Volodymyr Zelenskyy says 32 media representatives have been killed since Russia invaded Ukraine on Feb. 24.

Alex Chan/SOPA Images | Lightrocket | Getty Images

Ukrainian President Volodymyr Zelenskyy says 32 media workers have been killed since Russia invaded Ukraine on Feb. 24.

Among them is Frédéric Leclerc-Imhoff, a French journalist with the TV channel BFM TV, who suffered a fatal neck wound while riding in an armored evacuation vehicle that was shelled by Russian forces, Sky News reported.

“A little over a month ago, I gave an interview to this particular TV channel,” Zelenskyy said in his nightly address. “This was my first interview with the French media during a full-scale war.”

“My sincere condolences to Frédéric’s colleagues and family,” Zelenskyy said.

— Chelsea Ong

Oil prices rise after EU agrees to ban about 90% of Russian crude

Crude prices rose during Asia hours after EU leaders agreed to ban about 90% of Russian oil by the end of 2022.

The move would immediately affect 75% of Russian oil imports, says Charles Michel, president of the European Council.

The ban is part of the European Union’s sixth sanctions package on Russia since it invaded Ukraine.

“The European Council agrees that the sixth package of sanctions against Russia will cover crude oil, as well as petroleum products, delivered from Russia into Member States, with a temporary exception for crude oil delivered by pipeline,” according to a May 31 statement from the European Council.

That temporary exception covers the remaining Russian oil not yet banned, European Commission President Ursula Von der Leyen said in a press conference.

— Weizhen Tan

Sanctioned Russian billionaire completes the sale of the British soccer team he owned

A British soccer team owned for 19 years by a sanctioned Russian-Israeli billionaire linked to Vladimir Putin has been sold.

Boehly’s simple refusal to countenance any distractions has proved central to the Connecticut billionaire’s successful Chelsea takeover.

Nurphoto | Nurphoto | Getty Images

A consortium led by Los Angeles Dodgers co-owner Todd Boehly has purchased the Chelsea soccer team from Roman Abramovich, the billionaire who was sanctioned by the British government over his ties to Putin following Russia’s invasion of Ukraine, in a £4.25 billion ($5.38 billion) deal.

Chelsea owner Roman Abramovich looks on from the stands during the Barclays Premier League match between Chelsea and Manchester City at Stamford Bridge on April 16, 2016 in London, England.

Paul Gilham | Getty Images

Abramovich put the Chelsea team up for sale on March 2, a week after the invasion and a few days before the British government added his name to a list of sanctioned Russian oligarchs. Among other conditions, the sanctions barred the Chelsea team from signing new players or offering new contracts.

With the team now under new ownership, those restrictions will be lifted.

— John Rosevear

Read CNBC’s previous live coverage here:

Written by

Cart

Cart

Your Cart is Empty

Back To Shop