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Column: Saudi output cut removes downside risk from oil market

Extra crude production cuts announced by Saudi Arabia and Russia have removed some downside risk and stemmed the erosion of the spot prices and calendar spreads evident since early in the second quarter. ....

City Of , United Kingdom , Saudi Arabia , United States , Paul Simao , John Kemp , Thomson Reuters Trust Principles , North America , Thomson Reuters Trust , Reuters News , Trust Principles , Repi Exploration Production , Repi Opec ,

Russian consumer inflation accelerates again in June

Inflation in Russia accelerated in June, data from the state statistics service Rosstat showed on Wednesday, a little over a week before the central bank is expected to hike interest rates for the first time in more than a year. ....

Orlovskaya Oblast , Gareth Jones , Angus Macswan , Thomson Reuters Trust Principles , Economy Ministry , Darya Korsunskaya , Alexander Marrow , Thomson Reuters Trust ,

Berlin finalises 700-mln-euro military aid package for Ukraine

The German government has finalised a 700-million-euro ($770.28 million) military aid package for Ukraine, the defence ministry said on Tuesday, the first day of a NATO summit in Vilnius. ....

Vilniaus Apskritis , Sabine Siebold , Boris Pistorius , Friederike Heine , Thomson Reuters Trust Principles , Thomson Reuters Trust ,

NATO says concerned over Iran's "malicious activities" on its territory

NATO allies said on Tuesday they were seriously concerned by Iran's "malicious activities" within allied territory and called Tehran to stop its military support to Russia, including the supply of drones. ....

Vilniaus Apskritis , Frank Jack Daniel , Thomson Reuters Trust Principles , Uncrewed Aerial Vehicles , John Irish , Frank Jack , Thomson Reuters Trust , Repi Exploration Production , Repi Gas ,

Explainer: What happens if Black Sea grain corridor deal is not extended?

A deal allowing Ukraine to export grain via the Black Sea expires on July 17 and with Moscow saying it sees no grounds for an extension there are fears it may collapse. ....

City Of , United Kingdom , Black Sea , Oceans General , United States , David Evans , Nigel Hunt , Jonathan Saul , Russian Agricultural Bank Rosselkhozbank , Us Department Of Agriculture , Thomson Reuters Trust Principles , European Union , United Nations World Food Programme , Western Asia , Russian Agricultural Bank , Thomson Reuters Trust ,