World News

Russia hits Kyiv with missiles; Putin warns West on arms

Russia took aim at Western military supplies for Ukraine by launching airstrikes on Kyiv that it claimed destroyed tanks donated from abroad. Meanwhile, Vladimir Putin warned Sunday that any Western deliveries of longer-range rocket systems would prompt Moscow to hit “objects that we haven’t yet struck.” The Russian leader’s cryptic threat of a military escalation did not specify what the new targets might be, but it came days after the United States announced plans to deliver $700 million of security assistance for Ukraine. Those weapons include four precision-guided, medium-range rocket systems, as well as helicopters, Javelin anti-tank weapon systems, radars, tactical vehicles and more.

High prices, Asian markets could blunt EU ban on Russian oil

Energy experts say the European Union’s decision to ban nearly all oil from Russia to punish the country for its invasion of Ukraine may be blunted by rising energy prices and other countries willing to buy some of the excess petroleum. European Union leaders agreed late Monday to cut around 90% of all Russian oil imports over the next six months — a dramatic move that was considered unthinkable just months ago. Analysts said the move was a blow to the Kremlin. But they noted that Russia still retained some European markets and could sell some of the oil previously bound to Europe to China, India and other customers in Asia.