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Why the Russia, Ukraine crisis will see you pay more for fuel
The crisis in Ukraine will have you paying more for fuel after oil prices climbed to a new, all-time high
Oil prices are climbing on fears that the Ukraine-Russia crisis will disrupt supplies across the world.
The price of Brent crude reached a seven-year high of $97.65 USD a barrel on Tuesday following an announcement by Russian President Putin ordering troops into two rebel-held regions in Ukraine’s east after it recognised them as independent states.
The UK and several western allies have threatened sanctions on Russia.
Russia is the second largest oil exporter after Saudi Arabia
The Kremlin has stated that its troops will engage in “peacekeeping” in the self-declared Donetsk and Luhansk people’s republics – but those comments have been met with questions by the west, with the US calling such peacekeeper comments “nonsense”.
The White House says that Russia is creating a pretext for war.
Russia is also the world’s top producer of natural gas
A report by the BBC stated that sanctions forcing Russia to supply less crude or natural gas would have “important impact on the global economy.”
News
Fourth death confirmed due to Optus outage issues
Fourth death confirmed following Optus outage that blocked Triple Zero calls for 13 hours during network upgrade
Fourth death confirmed following Optus outage that blocked Triple Zero calls for 13 hours during network upgrade
– A fourth death is confirmed due to an Optus network failure affecting emergency calls for 13 hours.
– Optus CEO announced an investigation after communication failures and criticism from politicians and emergency services.
He stated that approximately 600 calls to emergency services were disrupted, impacting residents across South Australia, Western Australia, and the Northern Territory.
Rue confirmed that the outage stemmed from a problematic firewall upgrade and revealed details of communication failures within the company. Politicians and emergency services expressed anger at the lack of timely information during the crisis.
System Failure
South Australian Premier Peter Malinauskas criticised Optus for their incompetence in handling the situation.
The federal communications minister also condemned the company, highlighting that such failures are unacceptable.
The incident follows a previous outage for which Optus was fined $12 million, raising serious concerns about their emergency service handling.
News
Israel launches its new “Iron Beam” laser system
Israel’s new “Iron Beam” laser defense system to deploy by year-end, promising cost-effective missile interception.
Israel’s new “Iron Beam” laser defense system to deploy by year-end, promising cost-effective missile interception.
Israel’s Defence Ministry says its new “Iron Beam” laser system will be deployed by year’s end. The technology is designed to destroy incoming missiles, rockets, drones and mortars with precision.
Developed by Rafael Advanced Defense Systems in partnership with Elbit Systems, Iron Beam will sit alongside existing defences such as Iron Dome, David’s Sling and Arrow. Unlike traditional interceptors which can cost tens of thousands of dollars per shot, the laser comes at negligible expense.
Officials call it the world’s first high-power laser interception system to achieve operational maturity, hailing it as a game-changer for modern warfare. Military leaders expect the system to reshape air defence capabilities and cut costs dramatically.
#Israel #Defence #LaserWeapons #TickerNews
News
Stephen Colbert’s opening monologue on Jimmy Kimmel
Stephen Colbert condemns censorship and calls out Trump in powerful monologue dedicated to Jimmy Kimmel’s suspended show.
Stephen Colbert condemns censorship and calls out Trump in powerful monologue dedicated to Jimmy Kimmel’s suspended show.
Stephen Colbert’s opening monologue is being hailed as one of the most powerful moments in modern late-night history. Standing on stage at the Ed Sullivan Theatre, Colbert dedicated his show to Jimmy Kimmel and his team after ABC suspended Kimmel’s programme under pressure from Washington.
Colbert called the move “blatant censorship” and directly accused President Trump of acting like an autocrat. “With an autocrat, you cannot give an inch,” he warned, making clear that the stakes reach far beyond late-night comedy.
#StephenColbert #JimmyKimmel #FreeSpeech #TickerNews
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