Russia has said the flagship of its Black Sea Fleet, the Moskva missile cruiser, sank in stormy seas when it was being tugged to a port after having been damaged in a blast.
Finland, which shares a 1,300-km (810-mile) border with Russia, and Sweden are considering joining the Nato alliance
Brent futures were up 42 cents, or 0.4%, at $109.17 a barrel, while US West Texas Intermediate futures were 23 cents or 0.22% higher at $104.39 a barrel at 1223 ET or 1622 GMT
In a statement following a monetary policy committee meeting, the bank said it was keeping its policy rate constant at 14 per cent
Dmitry Medvedev, deputy chairman of Russia's Security Council, said that should Sweden and Finland join NATO then Russia would have to strengthen its land, naval and air forces in the Baltic Sea
Speaking Thursday, Putin said European attempts to find alternatives to Russian gas shipments will be quite painful for the initiators of such policies
Citi adds $1.9 bln of reserves for Ukraine crisis; investment banking revenue slumps on SPAC slowdown
Morgan Stanley earned $258 mn in revenue from its equity underwriting business, down sharply from $1.5 bn a year ago, when it generated handsome fees from a spate of high-profile IPOs
Russia's Defence Ministry confirmed the ship was damaged but not that it was hit by Ukraine it said ammunition on board detonated as a result of a fire of as-yet undetermined causes
Ukraine has foiled a massive cyber attack on its power grid that was the handiwork of Russia-backed hackers.
Russia invaded on Feb 24 with the goal, according to Western officials, of taking Kyiv, toppling the government and installing a Moscow-friendly one.
Russian President Vladimir Putin will hold a meeting on Thursday on the situation in the oil and gas sector, with the main report to be made by Deputy Prime Minister Alexander Novak
Russia, contesting elections to four UN committees, lost all of them, including one to Ukraine, a verdict being seen as Moscow's isolation on the global stage.
The Biden administration is considering sending a high-level official to Kyiv to meet Ukrainian President Volodymyr Zelenskyy, Sputnik News Agency reported citing Politico.
The United States is continuing talks with Turkey over Ankara's purchase of Russian S-400 air defense system, US State Department spokesperson Ned Price said on Wednesday.
Russia has added 398 members of the United States Congress to its travel ban list, the Foreign Ministry said on Wednesday.
BRICS countries, consisting of China, Russia, India, Brazil and South Africa, expressed their concern over the humanitarian situation in and around Ukraine
The central bank, which aims for annual inflation of 4 per cent, cut its key rate to 17 per cent from 20 per cent on Friday and said future cuts were possible
However, this is provisional data and the figure may increase once the final data is released, he added
Equity markets have suffered from hawkish moves from the world's top central banks in response to inflation, analysts said