G7 set to discuss climbing oil prices, release of emergency reserves
The Group of Seven (G7) finance ministers will meet on Monday to discuss a global rise in oil prices and a joint r...
Russia announced on Sunday that its forces had made significant advances in Ukraine’s southeastern Zaporizhzhia region, capturing two settlements as part of a broader offensive aimed at seizing full control of the area.
Ukraine, with a smaller army, has been struggling to strengthen its defences in the Donetsk region while trying to maintain stability across other fronts under relentless Russian artillery fire and drone assaults from highly mobile units.
Since pushing into the Dnipropetrovsk region in late June, Russian troops have been advancing there and in neighbouring Zaporizhzhia, gaining around 30 kilometres (19 miles) over the past six weeks, according to pro-Ukrainian mapping sources.
The Russian defence ministry reported that its forces had taken Rivnopillya, placing the southern town of Huliaipole at risk of encirclement. It also said troops had captured Mala Tokmachka, located roughly nine kilometres (six miles) from Orikhiv.
“It is difficult to overstate the importance of this village for Orikhiv’s defence,” wrote Yuri Podolyaka, a prominent Russian military blogger, describing Mala Tokmachka as “the gateway to Orikhiv”.
Ukraine has yet to issue a response. However, its top general said last week that fighting had intensified along parts of the Zaporizhzhia front, particularly near Huliaipole. Separately, Kyiv’s military confirmed that its forces had withdrawn from several villages in the region.
Ukrainian soldiers and commanders say a shortage of personnel is hindering their ability to maintain defensive lines, despite the extensive use of drones by both sides, which makes territorial gains costly.
Currently, Russia controls about 19% of Ukraine’s territory, equivalent to 115,476 square kilometres, an increase of just one percentage point in two years. Moscow’s declared goal remains to seize the entirety of the Donbas region, comprising Donetsk and Luhansk, as well as the whole of Kherson and Zaporizhzhia.
According to Russia, its forces now hold roughly 75% of the Zaporizhzhia region, leaving Ukraine in control of around 7,000 square kilometres, including the regional capital, Zaporizhzhia, which had a pre-war population of over 700,000.
Trump says the United States "don’t need people that join wars after we’ve already won," targeting his criticism at UK Prime Minister Keir Starmer. Israel continues to fire missles at strategic sites in Iran and Gulf regions report more strikes from Iran.
Baku has completed its evacuation of staff from the Azerbaijan Consulate General in Tabriz, while most employees from the Azerbaijan Embassy in Tehran have also returned.
Tehran’s Mehrabad Airport came under attack in heavy airstrikes on early Saturday morning (7 March), Iranian news agencies reported.
U.S. President Donald Trump threatened further attacks on Iran on Saturday (7 March), while the United Arab Emirates and Saudi Arabia continued to shoot down missiles in their airspace. Meanwhile, Iran’s President Masoud Pezeshkian said Tehran would stop attacking its neighbours.
Russian attacks on Ukraine’s second largest city in the early hours of Saturday (7 March) killed 10 people, including two children. Kharkiv mayor, Ihor Terekov, said 10 residents died after a Russian ballistic missile hit a five storey apartment block in the city.
The Group of Seven (G7) finance ministers will meet on Monday to discuss a global rise in oil prices and a joint release of oil from emergency reserves coordinated by the International Energy Agency, the Financial Times reports.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 9th of March, covering the latest developments you need to know.
Global oil prices have surged past $110 a barrel this Monday as fresh U.S.-Israeli strikes hit multiple targets, including oil depots. Stock markets fell on fears the conflict with Iran could disrupt shipments through the Strait of Hormuz, raising concerns over global energy supply.
The U.S. embassy in Oslo was hit by a loud explosion early on Sunday (8 March), causing minor damage but no injuries, in what may have been a deliberate attack linked to the crisis in the Middle East, Norwegian police said.
Russian attacks on Ukraine’s second largest city in the early hours of Saturday (7 March) killed 10 people, including two children. Kharkiv mayor, Ihor Terekov, said 10 residents died after a Russian ballistic missile hit a five storey apartment block in the city.
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