Oil prices on track for January loss

Oil futures fell Tuesday, under pressure ahead of this week’s Federal Reserve decision on interest rates and amid signs that Russian crude exports remain resilient. Crude was on track for monthly losses, while natural gas was headed for its biggest monthly decline since January 2001, according to Dow Jones Market Data. Price action West Texas … Read more

China’s Top Nuclear-Weapons Lab Used American Computer Chips Decades After Ban

WSJ News Exclusive China State-owned institute continued buying Intel- and Nvidia-made chips despite inclusion on a US export blacklist in 1997

Upstart Indian Shipper Helps Get Russian Oil to Market

World Gatik Ship Management, which took control of 25 tankers after the invasion of Ukraine, now shuttles Russian crude along new trade routes

Russia Seeks Gains in Ukraine Before Western Tanks Turn Up

Updated Jan. 27, 2023 8:10 am ET List two articles (2 minutes) Russian forces pressed an offensive in eastern Ukraine on Friday, seeking to seize an advantage in the months before tanks pledged by Kyiv’s Western allies begin to arrive on the battlefield. Ukrainian forces said on Friday they had repelled Russian attacks on Vuhledar … Read more

Alcohol restrictions introduced in Alice Springs amid crime wave | ABC News – ABC News (Australia)

Alcohol restrictions introduced in Alice Springs amid crime wave | ABC NewsABC News (Australia) Tangentyere Council in Alice Springs blasts previous Northern Territory liquor bans as ‘punitive’ABC News Reducing the crime rate in Alice Springs is not ‘rocket science’: Matt PatersonSky News Australia Perspective amid the hysteria of Alice Springs’ ‘crime crisis’NT News View full … Read more

Crypto Platform Bitzlato Charged With Laundering More Than $700 Million of Illicit Money

US authorities designated cryptocurrency exchange Bitzlato Ltd. as a primary money-laundering concern and charged its founder for allegedly facilitating money laundering for criminals. The Treasury Department designated Bitzlato under a section of the USA Patriot Act, a law used to combat money laundering and terrorist financing, for allegedly laundering illicit funds for ransomware actors based … Read more

Oil Markets Will Enter 2023 in a State of Creative Destruction

Illustration by Jon Krause Text size About the author: Karim Fawaz is an oil market analyst and research and analysis director at S&P Global Commodity Insights. The history of oil markets is littered with watershed moments. Some are succinct points in time, like the 1973 and 1979 oil shocks; others are protracted phenomena like the … Read more

Migrants suffer in freezing weather at US-Mexico border | Al Jazeera Newsfeed – Al Jazeera English

Migrants suffer in freezing weather at US-Mexico border | Al Jazeera News FeedAl Jazeera English El Paso extends emergency declaration as surge of migrants cross border amid subfreezing temperaturesKHOU.com Deputy City Manager concerned migrants are still out on streets as City extends disaster declarationKVIA El Paso extends emergency declaration as surge of migrants cross border … Read more

Russia Threatens to Cut Oil Output in Response to Western Sanctions

MOSCOW—Moscow threatened to cut oil output in response to Western price caps, setting the stage for an escalation of the energy war that has run parallel to the conflict in Ukraine. Speaking on state television on Friday, Russian Deputy Prime Minister Alexander Novak detailed for the first time Moscow’s possible response to the Western price … Read more

Call for South Australians to keep COVID-safe at Christmas with case numbers lingering at peak

With South Australia still sitting at the top of its latest COVID wave, health authorities are encouraging people to take precautions this Christmas. Key points: SA’s chief public health officer urges people to be COVID-safe over Christmas The state remains at the top of a COVID wave SA Health is giving out free masks and … Read more