
Ukraine foreign minister says Russia continues to kill civilians despite peace efforts
Trump-Putin talks produced enough movement to justify Ukraine meeting: Rubio
'Russia is a murderous war machine that Ukraine is holding back. And it must be stopped through transatlantic unity and pressure,' Andrii Sybiha wrote on X about Russia's Monday attack on Kharkiv.

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2 hours ago
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At least 14 wounded in Russian attack on Ukraine's Sumy region, PM says
KYIV: At least 14 people, including a family with three children, were wounded in an overnight Russian attack on Ukraine's northern region of Sumy, Ukraine's prime minister said on Wednesday. The strike took place at a time of intense efforts by U.S. President Donald Trump to bring an end to the Russian war in Ukraine. Russia launched 15 drones in an assault on the Okhtyrka area in the early hours of Wednesday, local prosecutors said on the Telegram messaging app. The children injured in the attack, which struck a residential neighbourhood in the town, were aged 5 months, 4 years and 6 years, Prime Minister Yulia Svyrydenko wrote on X. Russia's drone strikes spark fire at energy facility in Odesa region, Ukraine says 'Russia continues to manifest its fears through acts of pure terrorism across Ukraine, once again targeting the homes of families and their sleeping children,' she said. Russia has repeatedly said it does not attack civilians or civilian infrastructure. Overall, Russia launched a total of 93 drones and two missiles to attack the country overnight, the Ukrainian air force said, adding it downed 62 drones and one missile, and recorded hits at 20 locations. Ukraine's State Emergency Services reported a 'massive drone strike' on the southern region of Odesa, saying one person was wounded and a large fire erupted at a fuel and energy facility. Officials of the Izmail district in the Odesa region said port infrastructure in the city was damaged. Russia has stepped up its attacks on Ukraine's energy sector this week. One attack sparked fires at an oil depot belonging to Azerbaijani state oil company SOCAR, while another damaged a gas transport facility in the central region of Poltava. Russia has regularly attacked oil depots and fuel storage facilities since the first days of the full-scale invasion it launched in February 2022. The Energy Ministry said Ukrainian energy facilities had been attacked 2,900 times since March 2025 alone.


Business Recorder
2 hours ago
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Oil firms as investors await next steps in Ukraine peace talks
LONDON: Oil rose on Wednesday as the American Petroleum Institute reported a drop in U.S. crude inventories and investors awaited the next steps in talks to end the Ukraine war, with sanctions on Russian crude remaining in place for now. Crude fell more than 1% on Tuesday on optimism that an agreement to end the war seemed closer. However, U.S. President Donald Trump conceded that Russian President Vladimir Putin might not want to make a deal. Brent crude futures rose 55 cents, or 0.8%, to $66.34 a barrel by 0812 GMT. U.S. West Texas Intermediate crude futures for September delivery, set to expire on Wednesday, gained 65 cents, or 1%, to $63. '(It) seems oil prices are thrown down one day, followed by a rebound the next day. The API report was on the positive side, so I assume some price support is coming from that,' said Giovanni Staunovo, an analyst at UBS. Crude stocks fell by 2.42 million barrels, market sources said on Tuesday, citing American Petroleum Institute figures, ahead of official data at 1430 GMT. 'Not so sure about the peace deal - will have to see if something moves forward over the coming days,' Staunovo added. Trump said on Monday he was arranging a meeting between Putin and Ukrainian President Volodymyr Zelenskiy to be followed by a trilateral summit among the three presidents. Russia has not confirmed it will take part in talks with Zelenskiy. 'The likelihood of a quick resolution to the conflict with Russia now seems unlikely,' said Daniel Hynes, senior commodity strategist at ANZ, in a note on Wednesday. Oil also found support from flooding at a large U.S. refinery. BP said on Tuesday operations at its 440,000-barrel-per-day refinery in Whiting, Indiana, were affected by flooding after a severe thunderstorm, potentially weighing on crude demand at the facility - a key fuel producer for the Midwest market.


Business Recorder
4 hours ago
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‘Strong and growing' interest among American firms in Pakistan's energy sector, says US diplomat
US Charge d'Affaires to Pakistan, Natalie A. Baker, highlighted strong American interest in Pakistan's energy sector. The US official gave her remarks during a high-level meeting with Federal Minister for Petroleum Ali Pervaiz Malik on Wednesday. The meeting focused on strengthening bilateral cooperation between the United States and Pakistan in the energy sector, with particular emphasis on the oil, gas, and minerals sectors, read a statement. Last month, the US administration imposed a 19% reciprocal tariff on a wide range of Pakistani goods, significantly lower than the initially proposed 29%, under an executive order signed by US President Donald Trump. Pakistan, US vow to advance new trade agreement, boost trade & investment Pakistan's revised tariff rate of 19% is lower than that of several regional economies, including India (50%), Bangladesh (20%), Vietnam (20%), and Sri Lanka (20%). During Wednesday's meeting, Baker highlighted significant opportunities for American investment in Pakistan's energy landscape. 'There is a strong and growing interest from US companies in Pakistan's oil, gas, and minerals sector, in line with the vision of President Trump,' she said. 'The US is committed to working with Pakistan. The US Embassy will actively facilitate direct linkages between American companies and their Pakistani counterparts in the Exploration & Production (E&P) sector,' she said. Meanwhile, Federal Minister Ali Pervaiz Malik welcomed the keen interest from US investors and detailed the upcoming opportunities. 'The government is undertaking a bidding round for offshore and onshore oil and gas exploration blocks, which presents a tremendous opportunity for international partners,' Malik said. 'Pakistan possesses huge untapped potential, especially shale oil & gas, and converting these indigenous resources into tangible reserves is a target of our government. We are already engaged in a positive information exchange with US companies,' he added. Charge d'Affaires Baker reinforced that the US-Pakistan had the counter terrorism dialogue, 'now we would like to drive this partnership forward in the economic realm'. The meeting concluded with a shared commitment to deepen the energy partnership, leveraging US technology and investment to support mutual economic and energy growth.