
Putin's Delegation Paid $250,000 In Cash To Refuel Jets In Alaska Amid Us Sanctions, Says Rubio N18G

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Mint
6 minutes ago
- Mint
Crude oil price hits two-week high on rising demand, uncertainty over Russia-Ukraine ceasefire
Oil prices continued to rise on Thursday, supported by indications of robust demand in the U.S. and lingering uncertainty surrounding efforts to resolve the war in Ukraine. Brent crude futures reached a two-week high in early trading, gaining 27 cents, or 0.40 per cent, to $67.11 a barrel at 0442 GMT. U.S. West Texas Intermediate (WTI) crude futures increased by 29 cents, or 0.46 per cent, to $63 a barrel. Both benchmarks had advanced by over 1 per cent in the previous session. As U.S. and European military officials started discussing post-war security assurances for Ukraine, Russia on Wednesday warned that addressing security concerns without its involvement would lead to a "dead end." Ongoing challenges in achieving peace in Ukraine have kept Western sanctions on Russian oil intact, with the threat of stricter sanctions and additional tariffs on Russian oil buyers still looming over the market. Meanwhile, Russia maintains its stance on continuing crude exports to interested nations, with its diplomats in India stating that the country plans to keep supplying oil to India despite U.S. warnings. U.S. President Donald Trump had declared a new 25 per cent tariff on Indian goods effective August 27, citing India's imports of Russian crude. Additionally, the European Union has imposed sanctions on Indian private refiner Nayara Energy, backed by Russia's Rosneft. Although Indian refiners initially paused their Russian oil imports, officials from state-run Indian Oil and Bharat Petroleum have resumed purchases for September and October deliveries after the discounts on Russian crude increased. According to Rahul Kalantri, VP Commodities, Mehta Equities Ltd, crude oil prices showed sharp volatility but managed to recover from multi-month lows. ' The higher-than-expected drawdown highlighted signs of demand revival, encouraging buying in the market. In addition, ongoing Western sanctions on Russian crude provided a supportive backdrop for prices. We expect crude oil prices to remain volatile in today's session. Crude oil is having support at $62.35-61.80 and resistance is at $63.45-64.05 in today's session. In INR crude oil has support at Rs5,420,-5,360 while resistance at Rs5,540-5,600,' Kalantri said. (With inputs from Reuters) Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.


Economic Times
6 minutes ago
- Economic Times
Days after Trump–Putin summit, US F-16 jets intercept Soviet-era spy plane near Alaskan skies
Just days after a summit between Presidents Trump and Putin in Anchorage, NORAD detected a Russian IL-20 surveillance aircraft operating in the Alaskan Air Defense Identification Zone. The plane, intercepted by US fighter jets, remained in international airspace. While officials downplayed the incident, its timing has raised eyebrows, highlighting ongoing monitoring efforts by NORAD. Tired of too many ads? Remove Ads COLORADO SPRINGS, Colo. – The North American Aerospace Defense Command (NORAD) detected and tracked one IL-20 COOT operating in the Alaskan Air Defense Identification Zone (ADIZ) on 20 August 2025. The Russian military aircraft remained in international airspace and did not… undefined North American Aerospace Defense Command (@NORADCommand) August 21, 2025 Tired of too many ads? Remove Ads What is the IL-20 'Coot'? Tired of too many ads? Remove Ads Ilyushin Il-20M variants: Il-20 : Original late-1960s prototype based on the Il-18D with early ELINT and SLAR systems. : Original late-1960s prototype based on the Il-18D with early ELINT and SLAR systems. Il-20M : Standard production model with Igla-1 SLAR and advanced COMINT/ELINT suites. : Standard production model with Igla-1 SLAR and advanced COMINT/ELINT suites. Il-20M1 : Modernized version with digital signal processing, updated avionics, and improved mission systems. : Modernized version with digital signal processing, updated avionics, and improved mission systems. Il-20RT : Telemetry variant for Soviet space missions, designed to track and relay spacecraft data. : Telemetry variant for Soviet space missions, designed to track and relay spacecraft data. Upgraded Il-20Ms: Later refits with satellite comms, improved sensors, and new mission consoles. What is ADIZ? About NORAD Just five days after US President Donald Trump and Russian President Vladimir Putin met in Anchorage for the 2025 Russia–United States Summit, the North American Aerospace Defense Command ( NORAD ) says it detected and tracked a Russian surveillance aircraft operating in the Alaskan Air Defense Identification Zone (ADIZ).According to NORAD, the aircraft, identified as an IL-20 'Coot' electronic intelligence plane, was intercepted by two US F-16 fighter jets, supported by a KC-135 refueling tanker, on Wednesday, August 20. The plane remained in international airspace and did not enter US or Canadian sovereign officials stressed that such flights occur regularly and are 'not considered a threat,'.NORAD noted that it maintains a layered defense system of satellites, radars, and fighter aircraft to monitor air activity around North America and remains ready to 'employ a number of response options' if Ilyushin IL-20 'Coot-A' is a Cold War–era Soviet aircraft designed for electronic signals intelligence (ELINT) missions. According to Milifactory, it was derived from the IL-18 passenger IL-20 first flew in 1968 and has been used by the Russian Air Force for decades to intercept communications, radar emissions, and other electronic with specialized sensors and antennas, the IL-20 provides critical battlefield intelligence by mapping and analyzing enemy defense allows Russia to monitor adversaries' military capabilities and, if needed, support offensive operations by exposing vulnerabilities in air defense its design dates back over half a century, the IL-20 remains active in Russia's IL-20 retains most functions of the IL-18, powered by four Ivchenko AI-20M turboprop engines mounted over the low mainplanes. It features a conventional tail with low-set horizontal planes and a retractable tricycle additions include a long ventral radar array and dorsal and side blisters for sensors, enhancing its ELINT capabilities with excellent the IL-20RT variant served as a telemetry and communications relay platform for the Soviet space program, later replaced by the IL-76 to an article by Army recognition, below are it's variants,The Alaskan Air Defense Identification Zone (ADIZ) is a stretch of international airspace off Alaska's coast that acts as a security buffer, giving US and Canadian forces early warning of approaching aircraft before they enter sovereign North American Aerospace Defense Command (NORAD) is a joint organization of the US and Canada responsible for aerospace and maritime warning in North America. Its aerospace warning mission involves detecting and validating attacks via aircraft, missiles, or space control ensures air sovereignty and defense for both countries. The NORAD Agreement, renewed in May 2006, also includes a maritime warning mission for enhanced awareness of activities in US and Canadian maritime areas.


Hindustan Times
36 minutes ago
- Hindustan Times
EAM Jaishankar to meet Russian counterpart Lavrov amid US sanctions threat
External affairs minister S Jaishankar is set to meet his Russian counterpart Sergey Lavrov in Moscow on Thursday to review bilateral relations against the backdrop of US threats of sanctions over India-Russia energy trade and to prepare for President Vladimir Putin's planned visit to India for an annual summit. External Affairs Minister S Jaishankar meets Russian FM Sergey Lavrov on the sidelines of the 17th BRICS Summit 2025. (ANI photo) Jaishankar travelled to Russia this week to co-chair a meeting of a key bilateral body that oversees trade and economic relations between the two countries amid continuing strains between New Delhi and Washington over trade-related issues and the Trump administration's strident criticism of energy and defence cooperation between India and Russia. On Wednesday, Jaishankar and Russian deputy prime minister Denis Manturov co-chaired a meeting of the Inter-Governmental Commission for Trade, Economic, Scientific, Technological and Cultural Cooperation, during which the external affairs minister backed a 'more creative and innovative approach' to tackle challenges posed by a complex geopolitical situation – an apparent reference to the churn caused by the trade and tariff policies of the US administration. Lavrov and Jaishankar are expected to focus on current and prospective areas of bilateral cooperation, with the focus on 'promoting transportation, logistics, banking and financial chains independent from countries imposing sanctions', the Russian embassy said in a statement. Also Read: Jaishankar, Russia's foreign minister Sergey Lavrov to meet in Moscow on Aug 21 They are also expected to discuss 'expanding the use of national currencies in mutual [trade] settlements', the statement said. Following Western sanctions on Russia over the invasion of Ukraine in 2022, India and Russia have largely switched over to the use of rupee and ruble for trade settlement. Russian officials said on Wednesday that almost 90% of trade settlements are currently done in national currencies. In a reference to Putin's planned visit for a summit with Prime Minister Narendra Modi, the Russian embassy said Jaishankar and Lavrov will also discuss the schedule of upcoming contacts between the two sides. Russian officials confirmed on Wednesday that Putin will travel to India later in the year, though dates for the trip haven't been finalised. 'The foundation of the Russian-Indian special and privileged strategic partnership is mutual trust and respect,' the Russian embassy said. 'Moscow and New Delhi stand for multipolarity as an integral factor in ensuring the balance of the world order that has emerged over the past decades.' Besides reviewing cooperation in transport, energy, agriculture and scientific and technical matters, the two foreign ministers will discuss global issues and collaboration at the UN, Brics, Shanghai Cooperation Organisation (SCO) and G20. They are also expected to exchange views on the situation in Ukraine and Afghanistan, and the Israel-Hamas conflict. Jaishankar and Manturov also participated in the India-Russia Business Forum on Wednesday night to discuss trade cooperation with heads of business organisations of the two countries. Jaishankar said growing business and deepening cooperation between India and Russia are 'no longer simple propositions' because of changes in the two economies and the 'uncertainties created by the global environment'. 'That India and Russia have nurtured one of the steadiest relationships between major nations in current times is now widely recognised. However, that did not automatically translate into significant economic cooperation,' he said. 'Our trade basket remains limited and till recently, so did our trade volume. It may have grown in recent years, but then, so too has the trade deficit.' The diversification and balancing of trade require more strenuous efforts and are essential to reach higher trade targets, he added. India-Russia trade touched a record of $68.7 billion in 2024-25, though India's exports were worth only $4.88 billion. Russian officials have said Moscow is working to address this trade imbalance by removing trade barriers, pushing alternative logistics corridors and developing payments mechanisms.