Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Russia unleashes rockets on steel plant

Published

on

While some civilians have been evacuated from the Steel Works in the port city of Mariupol in Ukraine, Russia has unleashed rockets on to the area

A ceasefire supported by the UN and Red Cross allowed some to escape to Ukrainian-controlled Zaporizhzhia but many more remain trapped beneath the plant.

This comes as Russia continues its attack, particularly targeting Ukraine’s east and south with little luck in taking over the capital of Kyiv.

The West of Ukraine has also been a target in a bid to limit Ukraine’s access to the Black Sea from which the country receives much of its grain, metal exports and military aid.

Russia’s defence ministry claims its forces hit a military airfield near the port of Odesa with missiles, damaging or destroying missiles, drones and ammunition provided to Ukraine by Western countries.

The European Union is now planning on imposing new sanctions on Russia in response… affecting Moscow’s oil industry, banks and those behind disinformation.

“We are working on the sixth package of sanctions which aims to de-SWIFT more banks, list disinformation actors and tackle oil imports”

The EU’s top diplomat Josep Borrell tweeted

Russia’s top lender Sberbank is expected to be targeted, excluding it from the SWIFT messaging system and a ban on imports of Russian oil by the end of this year is also in consideration.

The proposed measures will be presented to the 27 EU member states for approval on Wednesday.

Meanwhile US President Joe Biden has also urged Western nations to support Ukraine, emphasising how much US aid has helped Ukrainians in their fight against Russian aggression.

Russia’s President Vladimir Putin has hit back saying he could stop exports and deals.

The President signed a broad decree that prohibits the export of products and raw materials to those on a sanctions list that Russia’s government has been working on over the past 10 days.

This could cause chaos in markets allowing Moscow to stop exports and tear up contracts with an entity or individual it has sanctioned.

Putin specified that this move is a direct response to what he calls the illegal actions of the US and its allies to deprive “the Russian Federation, citizens of the Russian Federation and Russian legal entities of property rights or the restricting their property rights”.

Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

News

Iran live updates: Rubio warns hardest US strikes yet to come as toll rises

Published

on

video
play-sharp-fill

What’s happening in the Middle East?

Continue Reading

News

Oil prices surge amid rising Middle East conflict risks

Crude oil surges 7% amid fears of Middle East conflict; Strait of Hormuz disruptions may push Brent over $100.

Published

on

Crude oil surges 7% amid fears of Middle East conflict; Strait of Hormuz disruptions may push Brent over $100.

Crude oil prices spiked dramatically as investors react to the growing risk of a wider conflict in the Middle East. U.S. crude surged 7.2 percent, trading near $71.84 a barrel, signalling heightened concern across energy markets.

The Strait of Hormuz, a critical shipping chokepoint, has come under intense scrutiny. Rising war-risk insurance premiums and suspended tanker traffic are already slowing the movement of oil, creating ripple effects in global supply chains.

JPMorgan has warned that prolonged disruptions over three weeks could force Gulf producers to reduce output, potentially pushing Brent crude prices to between $100 and $120 a barrel. Markets are closely watching for developments that could reshape global energy pricing.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

News

Trump warns of last opportunity to hit Iran as conflict escalates

Trump declares final chance to strike Iran, aiming to dismantle missile systems and prevent nuclear weapons amid U.S. troop losses.

Published

on

Trump declares final chance to strike Iran, aiming to dismantle missile systems and prevent nuclear weapons amid U.S. troop losses.

President Trump has declared this is the final opportunity to strike Iran as conflict intensifies across the Middle East, outlining four key military objectives including dismantling Iran’s missile capabilities and targeting its navy.

The U.S. says its mission is to prevent Iran from acquiring a nuclear weapon and to halt its alleged support for terrorist groups abroad, signalling a potentially prolonged campaign in the region.

Four U.S. troops have already been killed, with officials warning further casualties are possible as operations continue.

#Trump #Iran #MiddleEast

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

Download the Ticker app

Continue Reading

Trending Now