Inching closer. EU leaders have agreed tentatively on a $60 per barrel price cap on Russian seaborne oil, with an adjustment mechanism to keep the cap at 5 percent below the market price. Meanwhile, OPEC+ oil producers will meet on Sunday to discuss imposing deeper production cuts in response to the cap, which is expected […]
Russian retreat. Russia’s Defense Ministry announced on Wednesday that its troops would withdraw from the Ukrainian city of Kherson, saying the move was necessary...
Payment plan. Turkey’s energy and natural resources minister announced that Ankara and Moscow have reached an agreement on the issue of payments in national...
Heating up. South Korea’s military said North Korea fired about 80 artillery rounds into a maritime buffer zone overnight. On Friday, South Korea scrambled...
Deal is off. Russia announced over the weekend that it was suspending its participation in a U.N.-backed deal that facilitated the transport of Ukrainian...
Congress closes. The Chinese Communist Party concluded its 20th National Congress on Sunday. On the closing day, Xi Jinping was given an unprecedented third...
Summit in Yerevan. The heads of government of the Eurasian Economic Union (Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan) met on Friday in Yerevan. They...
Quad cooperation. Australia and Japan will sign a defense agreement this weekend, strengthening military cooperation between the two allies. The deal is expected to...
Spheres of influence. Meetings continue at the Commonwealth of Independent States summit in Astana, Kazakhstan. The latest highlights: Russian President Vladimir Putin has invited...
Persistent inflation. U.S. consumer prices accelerated on a monthly basis in September, defying expectations of a continued slowdown. The consumer price index rose 0.4...
The Geopolitics of the American President