Ship sinks in new drone attack off Bulgaria, PM summons Russian ambassador
Bulgaria's prime minister says two merchant ships were hit by drones and he suspects Russia was behind the attacks.
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Bulgaria's prime minister says two merchant ships were hit by drones and he suspects Russia was behind the attacks.
Apart from the deal to allow Russia to sell diesel to the U.S. and global markets, U.S. President Donald Trump also announced an ‘energy ceasefire’ between Russia and Ukraine
US President urges Zelenskyy, Putin to end 'ridiculous war' and insists they agreed to stop attacks on energy sites.
Ukraine's president says Russian attacks on Ukraine’s energy infrastructure are continuing despite 'energy ceasefire'.
Russia said on Monday that European Union countries had bought $320.7 billion worth of its energy resources since 2022, despite sanctions over the war in Ukraine. The figure fuelled tensions as European officials criticised a US deal to import Russian diesel, while Stockholm called for the bloc to use frozen Russian assets to boost support for Kyiv.
Oil held a gain as a widening conflict in the Middle East threatened to hamper a recovery in supply from the region, while there were also doubts over US President Donald Trump’s claims of an “energy ceasefire” between Russia and Ukraine.
US President Donald Trump has had a whirlwind weekend, announcing a diesel deal with Russia and an energy ceasefire between Russia and Ukraine. With the midterms coming up, it looks like Trump is turning overseas for help.
President Donald Trump's envoys told Ukrainian officials on Friday that a deal to allow Russian diesel exports is part of a bid to draw Russia back to negotiations after the failure of previous efforts to launch sustained talks to end the war, three people familiar with the meeting told Reuters. FRANCE 24's Sharon Gaffney speaks with Grégoire Roos, director of the Europe and Russia and Eurasia Programmes at Chatham House. He says that "it's clear that Moscow is just playing with Washington because Vladimir Putin knows that Donald Trump lives on borrowed time".
President Donald Trump's envoys told Ukrainian officials on Friday that a deal to allow Russian diesel exports is part of a bid to draw Russia back to negotiations after the failure of previous efforts to launch sustained talks to end the war, three people familiar with the meeting told Reuters. FRANCE 24's Sharon Gaffney speaks with Grégoire Roos, director of the Europe and Russia and Eurasia Programmes at Chatham House. He says that "it's clear that Moscow is just playing with Washington because Vladimir Putin knows that Donald Trump lives on borrowed time".
While Ukraine's Volodymyr Zelensky suggests he would sign up to a ceasefire on energy infrastructure, Russia has said little.
Ukrainian President Volodymyr Zelensky said Monday it was clear that Russia would not agree to stop hitting energy targets, after US President Donald Trump unilaterally announced a deal between the warring nations. "It is increasingly evident that Russia is unwilling to accept an energy ceasefire proposed by the United States," Zelensky said on social media. FRANCE 24's Selina Sykes reports.
Representative Mike Lawler, a New York Republican, said he's opposed to any US deal with Russia that benefits 'vile dictator' Vladimir Putin. Lawler said that the answer to US energy supply issues lies in shoring up US domestic energy production and building new refineries. (Source: Bloomberg)
Despite the US president announcing energy infrastructure would not be targeted strikes have continued, Ukraine says.
Ukraine should have free rein to strike targets in Russia in response to Moscow’s war, said President Donald Trump’s former envoy to Kyiv Keith Kellogg. He made the comments in an interview with BTV’s Oliver Crook at the Warsaw Security Forum on Monday. (Source: Bloomberg)
Tina Fordham, founder of Fordham Global Foresight joined Bloomberg Open Interest to break down President Trump’s surprise diesel deal with Russia, Zelensky’s demand for an energy ceasefire, and fresh attacks in Ukraine and Saudi Arabia. We unpack what it all means for oil prices, markets, and US, Russia relations. (Source: Bloomberg)
US equity futures waver ahead of earnings season with the US Treasury market closed for the holiday. Oil swings after President Trump said Kyiv and Moscow had agreed to an “energy ceasefire,” while President Zelenskyy says Russia has breached the truce. Saudi Arabia suffered its deadliest strikes since the Iran war began. Divya Singaravelu of Meridian 1305 Capital joins "Bloomberg Brief" to discuss the outlook for the 10-year Treasury yield. Josef Aschbacher, Director General of the European Space Agency, speaks to Bloomberg's Oliver Crook at the Warsaw Security Forum. Stella Li, Executive Vice President of BYD, speaks to Bloomberg's Caroline Connan about the automaker's expansion into Europe at the Paris Auto Show. (Source: Bloomberg)
Russia attacks multiple power plants in Ukraine including in Kharkiv and the capital Kiev. The strikes were reported despite claims from US President Donald Trump that a so-called “energy ceasefire” is in place. Moscow has yet to comment on any potential deal while Ukrainian President Zelensky said the announcement came as a surprise. Analysis by FRANCE 24 international affairs editor Douglas Herbert.
Ukrainian President Volodymyr Zelenskyy said on Monday that energy infrastructure has continued to be hit by Moscow’s air strikes, violating an energy ceasefire announced by US President Donald Trump. Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)
Rio Times · Europe Intelligence Brief October 12, 2026 — Ukraine's energy ceasefire remains unverified as Russian strikes continue; Poland arrests a man suspected of plotting against Tusk; EU budget cuts of $179B set up summit clash. The post Europe Intelligence Brief — Monday, October 12, 2026 appeared first on The Rio Times.
Hong Kong will step up health surveillance measures for arrivals after a laboratory worker at an anti-plague research institute in Russia died from pneumonia, but authorities have stressed the risk to residents remains low. According to World Health Organization (WHO) information provided by Russian authorities, there was no evidence of ongoing transmission, the Centre for Health Protection (CHP) said on Monday. Russian authorities previously stated that the worker at the Irkutsk Antiplague...
Amrita Sen, founder and director of market intelligence at Energy Aspects, discusses what she calls “extremely desperate measures” by US President Donald Trump to increase Moscow’s diesel sales into global markets and the announcement of an “energy ceasefire” between Russia and Ukraine. She speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
The EU also announced that it officially added almost 1,600 new sanctions on Russia's military industrial complex.
Ukrainian power plants were hit by Russian strikes on Sunday, leading to power outages. President Volodymyr Zelensky announced the attacks and expressed his surprise at the US President's post that stated that an “energy ceasefire” had been agreed upon between Ukraine and Russia. While Zelensky said he was not aware of any deal he said he would welcome one. Moscow has yet to confirm any accord. Details by FRANCE 24 correspondent in Kyiv, Gulliver Cragg.
The US President Donald Trump sowed confusion on Sunday, announcing an "energy ceasefire" between Ukraine and Russia. Kyiv expressed astonishment, there was silence from Moscow. Ukrainian strikes have wreaked havoc on the Russian oil industry. Were there to be an "energy ceasefire" it could allow Moscow to repair refineries. For Ukraine, it could safeguard vital energy infrastructure. Story by Nicholas Rushworth.
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Wheat declined for a fourth day after US President Donald Trump said Russia and Ukraine had agreed to an immediate “energy ceasefire,” raising hopes that an easing of hostilities could reduce Black Sea disruptions.
NATO’s top military commander is expected to warn Russia on Monday that the alliance can counter any attack, officials said. US General Alexus Grynkewich will outline his “theory of victory” at a Warsaw security conference amid Western concerns over Moscow’s alleged campaign of sabotage and interference against Ukraine’s wartime backers.