Data from trade sources showed that India’s imports of crude oil from Russia jumped to a record level of regarding 950,000 barrels per day in June, which constitutes regarding 20 percent of the total imports of the third largest consumer of crude in the world. Brent and Middle East crudes are sold at steep discounts following Western companies and countries halted purchases from Moscow in the wake of its February 24 invasion of Ukraine. The data showed that India imported regarding 4.8 million barrels per day of crude oil in June, down 3.8 percent from May, but up regarding 23 percent from the same month last year. India’s oil imports were low last year as demand was hit hard by a second wave of the Corona virus. Russia maintained its second place among the largest suppliers of crude oil to India following Iraq, while Saudi Arabia remained in third place for the second month in a row.
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Russia and Ukraine
10 dead and 40 wounded in a Russian strike on a shopping center in Ukraine
written by Alexandra Hartman Editor-in-Chief
At least 10 people were killed and more than 40 injured in a Russian missile strike on Monday on a “very crowded” shopping center in central Ukraine that set it on fire.
“Ten people were killed and more than 40 were injured,” said Dmytro Lunin, governor of the Poltava region, where the city, which had a population of regarding 220,000 people before the war, is located. This is the situation currently in Kremenchuk because of the missile strike.”
Ukrainian President Volodymyr Zelensky wrote on Facebook: “The occupiers fired a missile at a shopping center where more than a thousand civilians were present. The mall is burning and rescue workers are battling the flames. It is impossible to imagine the number of victims.
Zelensky attached his message with a video clip showing the flames in the shopping center, from which large clouds of smoke rose, fire engines and dozens of people at the site.
According to the Ukrainian Air Force, the mall was hit by KH-22 anti-ship missiles fired by Tu-22 long-range bombers from Russia’s Kursk region.
London (agencies)
Britain is introducing its first national food strategy, focusing on increasing local production, to enhance food security rather than tackling obesity, following rejecting a recommendation to impose taxes on salt and sugar in processed foods. The government said the Russian attack on Ukraine had damaged food supplies and caused prices to rise, which underscores the need for Britain to boost food security.
She added that the plan would maintain on a large scale the current level of locally produced food, while increasing production in some sectors such as agricultural products and seafood. The government said the agriculture sector would receive a total of 270 million pounds ($333 million) in innovation investment through 2029.
Prime Minister Boris Johnson said the strategy would support farmers and help protect food supplies from future economic shocks.
“By using new technologies and innovation, we will grow and eat more of our food, create jobs across the country, and grow the economy, which in turn will ultimately help reduce pressure on prices,” he said in a statement.
Russian forces take control of the Ukrainian city of Severodonetsk
written by Alexandra Hartman Editor-in-Chief
May 31, 2022 09:32
TASS news agency quoted a Moscow-backed separatist leader as saying that Russian forces had captured regarding a third of the Ukrainian city of Severodonetsk, but their offensive was taking longer than they had hoped.
Russian bombardment reduced much of Severodonetsk to ruins and Russian forces entered the southeastern and northeastern fringes of the city, but Ukrainian defenses slowed Russia’s broader campaign in the Donbass region.
“We can say that a third of Severodonetsk is already under our control,” TASS quoted Leonid Pasichnik, the leader of the Luhansk People’s Republic, as saying in a report on Tuesday morning.
He added to the official Russian news agency that fighting is raging in the city, but the Russian forces are not advancing as quickly as they might have hoped.
“But above all we want to preserve the city’s infrastructure,” he said.
The TASS news agency reported that the advance of the Russian forces was difficult due to the presence of several large chemical plants in the Severodonetsk region.
Source: agencies