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Read previewRussia has pulled its last Black Sea Fleet warship out from Crimea, according to a Ukrainian official. "The last patrol ship of the Russian Black Sea Fleet is leaving our Crimea right now. If true, it could mark the end of Russia's Black Sea Fleet presence around Crimea. Earlier this year, Ukraine's military claimed to have destroyed a third of Russia's Black Sea Fleet. Advertisement"Ukraine is slowly but steadily getting the upper hand in the Black Sea," he told BI, adding that Russia's Black Sea Fleet "has lost control of the Black Sea."
Persons: , Dmitry Pletenchuk, Pletenchuk, Ukraine didn't, Basil Germond, Germond, Vladimir Putin Organizations: Service, Fleet, Naval Forces of, Armed Forces of, Business, Armed Forces, Ukrainian, Sevastopol Naval Base, Black, UK's Ministry of Defence, Kyiv Independent, Lancaster University, Montreux Convention, NATO Locations: Russia, Crimea, Armed Forces of Ukraine, Russian, Ukrainian, Ukraine, Sevastopol, Kerch, Feodosia, Novorossiysk, Kyiv, Baltic, Northern
Read previewUkraine is rapidly producing a variety of homemade weapons as its defense industry aims to meet the needs and demands of soldiers fighting on the front lines. But a senior official says Kyiv still needs more of a key ingredient to keep the arms flowing. Now, the country is cranking out its own drones, artillery, missiles, and more at a breakneck pace to supplement this inventory. Kamyshin said Ukraine will always be reliant on Western support because there's no one country that can outproduce Russia right now. Meanwhile, Ukraine is taking greater steps to further integrate its domestic defense industry with those of NATO and the European Union.
Persons: , Oleksandr Kamyshin, We've, Kmayshin, Paula Bronstein, Kamyshin, Pavlo Bahmut Organizations: Service, Business, NATO, Publishing, Getty Images, Neptune, Fleet, European Union Locations: Ukraine, Washington, Kyiv, Russia, North Korea, Iran, Moscow, Soviet, Ukrainian, Getty Images Ukraine, Russian, NATO, Western, Soviet Union, Europe
In a clear night sky above the shores of Odesa, the faint glow from missiles streaks over the Black Sea. For much of the war, it was one-way traffic, with Russia using the occupied Crimean Peninsula first as a launchpad for its full-scale invasion and then as a staging ground for routine aerial bombardments. Ukraine, now armed with American-made precision missiles, is for the first time capable of reaching every corner of Crimea — and the missiles are increasingly flying in both directions. It is a new strategic push as Kyiv seeks to raise the cost for Russian occupation forces that have long used the peninsula as a base of operations just off Ukraine’s southern coast.
Organizations: Crimea — Locations: Odesa, Russia, Crimean, Ukraine, Crimea
Turning the tide in the Black SeaSwedish Marines also operate the CB90-class fast assault craft. Following a six-month effort by Steel Front and Ukrainian steel giant Metinvest, the three vessels and crew training for Ukrainian forces cost more than $4.1 million. In total, Sweden has provided at least 13 CB90s to Ukraine's navy. The Netherlands donated nearly two dozen inflatable and armored boats, including three CB90s, to Ukraine in March. It wasn't immediately clear what type of vessels were sent, but Finnish media speculated them to operate similarly to the Swedish CB-90.
Persons: Danielle, Rinat Akhmetov, Oleksandr Vodoviz Organizations: Sea, Marines, Navy, Steel Front, Finnish Ministry of Defense, Swedish CB Locations: Ukraine, Crimea, Sweden, Netherlands, Swedish
Read previewThe Navy has relieved the commanding officer of the expeditionary mobile base ship USS Hershel "Woody" Williams two months after the vessel briefly ran aground outside the African country of Gabon, a Navy statement announced Monday. Michael Concannon will assume the duties of interim commanding officer aboard the Williams. Lenard Mitchell, then-commanding officer of USS Hershel "Woody" Williams, delivers remarks during a ceremony in the hangar bay. Geoffry Patterson, then an incoming commanding officer of USS Georgia, salutes Capt. Patrick Clark, outgoing commanding officer during a change of command ceremony in Souda Bay, Crete.
Persons: , Hershel, Woody, Williams, Capt, Lenard Mitchell, Adm, Thomas Ishee, Petty, Shawn J, Stewart, Howard, Cmdr, Kenji Igawa, Taylor —, Military.com, Mitchell, Michael Concannon, Conner, Blake, Geoffry Patterson —, Geoffry Patterson, Patrick Clark, Richard Zaszewski, wasn't, Kurt Balagna Organizations: Service, Navy, US, Fleet, Business, Port Royal, US Navy, Naval Surface Forces, Navy Special Warfare, USS, Washington Locations: Gabon, Libreville, Honolulu, Bali, Africa, Georgia, Souda Bay, Crete, USS Ohio
Ukraine says Russian forces were fooled into striking dummy models of military targets. Air force commander Mykola Oleshchuk said that Russia attacked the models with Iskander-M missiles. The Iskander-M is a short-range ballistic missile with a range of up to 500 km (around 310 miles). download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUkrainian forces say they duped Russia into striking dummy models of aircraft and air defense systems with Iskander-M missiles.
Persons: Mykola Oleshchuk, Organizations: Service, Business Locations: Ukraine, Russian, Russia, Kryvyi, Odesa
Read previewUkraine's sea drone and missile attacks have left Russia's Black Sea Fleet headquarters at Sevastopol effectively useless and forced many of its ships to relocate to other locations, the head of the Ukrainian navy has said. The Sevastopol headquarters was the site of numerous key functions for the Black Sea Fleet, including training, repairs, and storing ammunition. Ukraine, which lost most of its traditional navy during the annexation of Crimea in 2014, has targeted Russia's Black Sea fleet with great success using sea drones , as well as hitting targets in occupied Crimea with US-made ATACMS missiles. Neizhpapa told Reuters that the expected delivery of F-16 fighter aircraft later this year would help Ukraine challenge Russia's dominance over the region. "The northwestern part of the Black Sea, particularly the corridor for civilian ships, will be almost 100% secure."
Persons: , Oleksiy Neizhpapa, Neizhpapa, Novorossiisk, Sergei Kotov, Vladimir Putin's, Putin, Frederik Mertens Organizations: Service, Fleet, Ukrainian, Reuters, Black, Business, Ministry of Defence, Hague, Strategic Studies Locations: Sevastopol, Novorossiisk, Azov, Ukraine, Crimea, Kerch, Russian
Brent crude trades above $87, sets highest levels since April
  + stars: | 2024-07-05 | by ( ) www.cnbc.com   time to read: +2 min
Oil prices for Brent crude hit their highest level since April on Thursday, holding above $87 after data the previous day showed a decline in U.S. inventories. Oil prices for Brent crude hit their highest level since April on Thursday, holding above $87 after data the previous day showed a decline in U.S. inventories. Brent crude futures were up 21 cents, or 0.2%, at $87.55 a barrel by 1922 GMT. In the previous session, Brent gained 1.3% to settle at $87.34 for its highest close since April 30. Those gains followed a larger than expected decline in U.S. crude stocks.
Persons: Brent, WTI, Martin King, King, Tamas Varga, Rosneft Organizations: Brent, . West Texas, U.S, Independence, U.S . Energy Information Administration, Reuters, RBN Energy, U.S . Federal Reserve, Saudi Aramco, OPEC, UBS Locations: Gaza, France, United Kingdom, Novorossiisk, Saudi, Asia, Oman, Dubai, OPEC, Swiss
Ukraine has used sea drones to devastating effect against Russia's far superior Black Sea Fleet. Drones could 'radically' change naval warfare, Pavlo Lakiychuk told the Kyiv Independent. He said they pose a threat to larger navies and give smaller navies a chance to turn the tide. AdvertisementSea drones could radically change naval warfare, giving smaller navies a chance to "flip the chessboard," a retired Ukrainian naval officer told the Kyiv Independent. Pavlo Lakiychuk told the outlet that sea drones present a "serious" threat to modern navies, which have spent billions creating enormous, supposedly "impenetrable killing" weapons.
Persons: Russia's, Pavlo Lakiychuk, Organizations: Fleet, Kyiv Independent, Service, Business Locations: Ukraine, Ukrainian
The sea, which borders occupied southern Ukraine, is connected to the Black Sea via the Kerch Strait, and, crucially, Russia controls its coastline. AdvertisementUkraine's attacks have forced Russian warships to withdraw from Crimea and relocate to safer waters, where they have also come under attack. But this doesn't mean ships there will be safe from Ukraine's aerial drones and missiles, experts told BI. But he added that "Russia's warships in the Azov Sea are still at the mercy of Ukrainian missiles and aerial drones." AdvertisementMeanwhile, Russian "missiles can reach most of Ukraine from the Sea of Azov and ports along the Russian Black Sea coast," Clark said.
Persons: , Dmitry Pletenchuk, Pletenchuk, Matthew Boyse, Basil Germond, Mark Temnycky, Scott Savitz, Bryan Clark, Clark, Steven Horrell, Igor Delanoë, Savitz Organizations: Service, Kyiv Independent, Business, Naval Forces of, Armed Forces of, Hudson Institute's Center, Lancaster University, Council's Eurasia Center, RAND, US Navy, Hudson Institute, Transatlantic Defense, Security, Center for Locations: Russian, Azov, Kyiv, Ukraine, Kerch, Russia, Crimea, Armed Forces of Ukraine, Europe, Eurasia, Ukrainian, Western
'A useful disguise' for the HouthisBetween December and March, Houthi attacks damaged at least 19 commercial ships, according to a June 13 report published by the Defense Intelligence Agency. US Central Command via AP, FileThe following weeks saw a decrease in the pace of successful Houthi attacks. AdvertisementYemen's Houthi group released a video showing an explosive-laden drone boat target a commercial vessel earlier this month. AdvertisementDouble taps and drone boatsBeyond the recent double-tap strikes, the Houthis' ability to learn from past attacks is visible in their drone boat operations. In this photo released by the French military, the MV Tutor sinks in the Red Sea after it was struck by a Houthi drone boat.
Persons: , Archer Macy, Behshad, Houthis, Brian Carter, Ambrey, Carter, they're, des, they'll, Macy, they've, Alex Stark, John Kirby, Kirby, Yemen —, Dwight D, Theodore Roosevelt Carrier, Stark Organizations: Service, Business, US Navy, Defense Intelligence Agency, US military's Central Command, US, Command, AP, Military Times, American Enterprise, Houthi Media, Getty, des Armées, AP Experts, Center for Strategic, Studies ' Missile Defense, RAND Corporation, National Security, Eisenhower, Eisenhower Carrier Strike, Theodore Roosevelt Carrier Strike Group Locations: Gulf of Aden, Iran, Iranian, Yemen, Tehran, Israel, Gulf, Aden, Ukraine, Russian, Red, France, Sanaa
Kyiv and Moscow have both sought to significantly ramp up production of unmanned systems as each side looks to out-produce their enemy and score a numerical advantage. AdvertisementUkrainian officials said in December that Kyiv plans to produce one million first-person-view, or FPV, drones by the end of this year. A Ukrainian soldier of the 71st Jaeger Brigade prepares FPV drones at the frontline near Avdiivka, in the Donetsk region, on March 22, 2024. In February, Fedorov said Ukraine will reach its FPV production goals by the end of the year. Advertisement"You can track the successes of Ukraine's long-range program by the surprising news coming from Russia," Fedorov said.
Persons: , it's, Mykhailo Fedorov, Chasiv Yar, Jose Colon, Fedorov, " Fedorov Organizations: Service, Business, Anadolu, Getty, 71st Jaeger Brigade, AP, BI, Ukraine doesn't, Fleet Locations: Ukraine, Kyiv, Moscow, Ukrainian, Russia, Donetsk, Avdiivka, Crimean
Without a conventional navy, Ukraine has looked to innovative ways to counter Russia's sea power. Ukraine's sea drones will soon work as squads to mimic a warship's capabilities, a commander said. Sea drones have taken out a chunk of Russia's Black Sea Fleet, and damaged the Kerch Bridge. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUkraine's sea drones are being marshaled into squads that can replicate the abilities of a single warship, a Ukrainian commander said.
Persons: , Brig Gen Ivan Lukashevych Organizations: Service, Wall Street, Business Locations: Ukraine, Kerch, Ukrainian
Russia accused Ukraine of injuring civilians in an ATACMS attack on Crimea on Sunday. Russia is likely placing military facilities near civilians to deter Ukrainian strikes, experts say. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia is likely placing military facilities near civilian areas in Crimea to try to deter further Ukrainian strikes, military analysts said.
Persons: Organizations: Service, Russia's Ministry of Defence, MGM, Tactical Missile Systems, Business Locations: Russia, Ukraine, Crimea, Sunday, Sevastopol
Read previewUkrainian uncrewed surface vessels are laying undersea mines that have already damaged several Russian warships in the Black Sea, The Wall Street Journal reported. The paper reported that the mines have damaged four Russian warships to date, including the missile corvette Samum and the patrol ship Pavel Derzhavin. AdvertisementWhile successful attacks on Russian ships using sea drones packed with explosives have been well documented, the use of drones to lay mines has not received the same attention. At the time, intelligence sources briefed Reuters and Ukrainan media that it had been struck by a Sea Baby drone. AdvertisementDespite having no conventional navy, Ukraine continues to punch above its weight in the Black Sea.
Persons: , Brig Gen Ivan Lukashevych, Lukashevych, Pavel Derzhavin, Lukashevych's Organizations: Service, Street Journal, Business, Reuters, Fleet Locations: Russia, Sevastopol, Ukraine, Novorossiysk
Build up Ukrainian military power and compel Russia to agree to peace, argues a Ukrainian security expert. It's also clear that even with robust EU and US support, Ukraine is still at a disadvantage against the Russian war machine in a years-long fight. Related storiesDanylyuk also worries that political divergences between Ukraine and its allies are undermining Ukrainian military effectiveness. REUTERS/Sofiia GatilovaThe result is that the Ukrainian military isn't sure what kind of war to prepare for. Interestingly, Danylyuk blames the West for failing to adapt its equipment to the lessons of the Ukraine war.
Persons: Oleksandr Danylyuk, Danylyuk, Carl von Clausewitz, Biden, It's, Ukraine's, Michael Peck Organizations: Service, Business, Royal United Services Institute, Century, [ Armed Forces, REUTERS, Ukrainian, Russian, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, Russia, USSR, British, Europe, Ukrainian, Kostiantynivka, Donetsk, Crimea, Soviet, Afghanistan, Russian, Moscow, China, North Korea, Iran, Forbes
Nicolae Crețu, the commander of the air base, told the outlet that the expanded facility would require "maintenance hangars, fuel stores, ammunition, equipment, aviation technical materials, simulators, feeding facilities, accommodation." Advertisement"Our objective here in Romania is to enhance our integration into NATO Air Power by honing and deepening our cooperation with the Royal Air Force and the Romanian Air Force", he added. Romanian air force F-16 fighter planes. AdvertisementNevertheless, Putin this week reiterated his threats to the West, vowing to go "to the end" in the war with Ukraine. Defeat in Ukraine, Putin said, would mean "the end of the 1,000-year history of the Russian state.
Persons: , Nicolae Crețu, Rami Lindström, Andreea Alexandru, Charlie Tagg, Dorin Popescu, Mihail Kogălniceanu, Andrey Klimov, Vladimir Putin, ALEXANDER NEMENOV, Putin Organizations: Service, NATO, Euro News Romania, Business, BBC, Finnish Air Force, Royal Air Force, NATO Air Power, Romanian Air Force, AP, Federation, Committee, Foreign Affairs, Getty Locations: Odesa, Ukraine, Europe, Romania, Romanian, Norway, Andreea Alexandru US, Bucharest, Russian, Russia, Finland, Sweden
Read previewArmed with exploding naval drones and long-range missiles, Ukraine has managed to push Russia's Black Sea Fleet away from its long-held headquarters in the occupied Crimean peninsula to other bases far away. AdvertisementThese attacks span the entirety of the war, but the exodus of the Black Sea Fleet didn't really kick into gear until September 2023. The aftermath of two Ukrainian missile strikes on Black Sea Fleet facilities and vessels in Sevastopol in September 2023. The dispersal of the Black Sea Fleet from Sevastopol to Feodosia and Novorossiysk. "Forcing the enemy to flee from the Black Sea was the goal we sought," he added, "and it was achieved."
Persons: , BlackSky, Lloyd Austin, BlackSky BlackSky, Ivan Lukashevych Organizations: Service, Business, Black, US, Fleet, Ukrainian, BlackSky, Security Service, Kyiv, Russian Locations: Ukraine, Crimean, Sevastopol, Russian, Feodosia, Crimea, Novorossiysk, Russia, Moscow, Kyiv, Western, Crimea's, detections, Novorossiysk —, BlackSky, BlackSky Sevastopol
Read previewRussia has placed multiple barges and other defenses around a major bridge connecting it to the occupied Crimean peninsula, recently captured satellite images show. The efforts appear to be a bid to protect the structure from Ukraine's vaunted fleet of exploding naval drones. Whether these new defenses are able to effectively prevent Ukraine's naval drones remains to be seen. To help sustain its military presence in Crimea, Russia has been using ferry crossings. Ukraine has made a number of upgrades and improvements to its naval drones since they were used against the bridge last summer.
Persons: , Vladimir Putin's, Brady Africk, Africk, Dmytro Pletenchuk, STRINGER Organizations: Service, Business, Russian, Ministry of Defense, Maxar Technologies, Technologies, American Enterprise Institute, Getty Images Locations: Russia, Crimean, Kerch, Crimea, Ukraine, Ukrainian, Moscow, Russian, Kyiv, Sevastopol, Novorossiysk
Read previewRussia has placed barges and other defenses around a major bridge connecting it to the occupied Crimean Peninsula, recent satellite images show. The efforts appear to be a bid to protect the structure from Ukraine's vaunted fleet of exploding naval drones. Whether these new defenses are able to effectively prevent Ukraine's naval drones remains to be seen. To help sustain its military presence in Crimea, Russia has been using ferry crossings. Ukraine has made numerous upgrades and improvements to its naval drones since they were used against the bridge last summer.
Persons: , Vladimir Putin's, Brady Africk, Africk, Dmytro Pletenchuk, STRINGER Organizations: Service, Business, Russian, Ministry of Defense, Maxar Technologies, Technologies, American Enterprise Institute, Getty Images Locations: Russia, Crimean, Kerch, Crimea, Ukraine, Ukrainian, Moscow, Russian, Kyiv, Sevastopol, Novorossiysk
Read previewUkraine has armed its naval drones with heat-seeking missiles, giving the systems a major upgrade that will allow them to target Russian aircraft patrolling around the Black Sea. "Such developments are effective — Russians are very afraid of them," the commander of "Group 13," a special HUR unit dedicated to operating the naval drones, said in a recent interview. AdvertisementA Ukrainian Magura V5 drone is seen on water during an exhibition of military equipment and weapons at an undisclosed location on April 13, 2024. Moscow, largely unable to stop Ukraine's unrelenting naval drone attacks, has turned to combat aircraft to patrol the waters and protect its warships. Kyiv has relied on its fleet of naval drones, as well as long-range missiles, to inflict these losses.
Persons: , HUR, Archer, Lloyd Austin Organizations: Service, Ukrainian, Directorate of Intelligence, Business, REUTERS, NATO, Sukhoi, MiG, Black, Grad, US Locations: Ukraine, Soviet, Moscow, Ukrainian, Kyiv
Read previewIf there is one place Ukraine is winning in the war against Russia, it's Crimea, experts say. Ukrainians have since referred to the Black Sea peninsula as "occupied Crimea," and Zelenskyy has continually stated that any peace agreement must see it returned to Ukraine. Meanwhile, Ukraine, which lost its traditional naval fleet during the annexation of Crimea, has targeted Russia's Black Sea fleet with great success using sea drones. Ukraine even claimed to have sunk the Black Sea Fleet's flagship, the Moskva. "Crimea allows for power projection over the rest of the Black Sea.
Persons: , Volodymyr Zelenskyy, Vladimir Putin, Olga Khvostunova, ", Zelenskyy, Elina Beketova, Russia's, VASILY MAXIMOV, Maria Snegovaya, Beketova, Putin, Dmitry Pletenchuk, OLGA MALTSEVA, Catherine the Great, Snegovaya, Alexei Volkov, DVIDS Frederik Mertens, Ukraine's, Budanov Organizations: Service, Business, Eurasia, Foreign Policy Research, Federal Assembly, NATO, Centre for, Fleet, Getty, Center for Strategic, Studies ', Eurasia Program, Black, Ukraine, Security, Anadolu Agency, Directorate of Intelligence, Guardian, UK Ministry of Defence, MoD, Getty Images, National Union of Hospitality Industries, Reuters, Wing Public Affairs, Hague, Strategic Studies Locations: Ukraine, Russia, it's Crimea, Crimea, Sevastopol, Moskva, AFP, Studies ' Europe, Kerch, Ukraine's, Ukrainian, Rostov, Crimean, Russian, Saki
Read previewTaking a cue from Ukraine's use of naval drones to offset a superior Russian fleet, Taiwan has unveiled a much larger unmanned kamikaze boat that could devastate a Chinese amphibious force. But if not this one, Taiwan will certainly field some kind of unmanned attack boat to try to stop a Chinese invasion or blockade. AdvertisementBoth Taiwan and America are looking to what has become the gold standard in naval drone warfare: Ukraine's campaign in the Black Sea. Instead, Russia's Black Sea Fleet has retreated from Ukrainian waters. In part this is because of land-based anti-ship missiles such as the Neptune, which sank the cruiser and Black Sea Fleet flagship Moskva in 2022.
Persons: , Samuel Paparo, Paparo, Magura, Michael Peck Organizations: Service, Liberty Times, Business, Pacific Command, Washington Post, US, Sea Fleet, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Russian, Taiwan, China, America, Ukraine, Moskva, Japan, Forbes
Along with two other vessels, these Russian navy assets were scheduled to be stationed in Cuba for a five-day visit. This story is available exclusively to Business Insider subscribers. Russia's reassurances that the vessels in Cuba pose no harm come in spite of the fact that they are some of the Kremlin's most lethal military assets. Related storiesThe Cuban foreign ministry, for its part, echoed Russia's sentiments, saying that the vessels pose no threat, per Reuters. Representatives for the US Southern Command and Russian defense ministry didn't immediately respond to a request for comment from Business Insider sent outside regular business hours.
Persons: , Dmitry Peskov, Gorshkov, Sabrina Singh, Helena, Russia's, didn't Organizations: Service, Russian, Business, Reuters, NATO, Pentagon, Department of Defense, Southern Command, US Southern Command, Business Insider Locations: Russia, Cuba's, Havana, Caribbean, Cuba, Gorshkov Russian, Cuban, United States, Ukraine, Los Angeles, Guantanamo
Read previewA US Navy nuclear-powered attack submarine arrived in Cuba on Thursday, the Pentagon revealed, putting the American combat vessel in the Caribbean nation at the same time as one of Russia's most formidable subs. AdvertisementThe Los Angeles-class attack submarine USS Helena transits the Atlantic Ocean. One of these vessels is the Kazan, a Yasan-class nuclear-powered cruise missile submarine. A spokesperson for SOUTHCOM said that the Helena's arrival in Cuba was not a direct response to the Russian naval vessels. AdvertisementThe Russian nuclear-powered submarine Kazan arrives at Havana's harbor on June 12.
Persons: , Helena, Rafael Martie, SOUTHCOM, ADALBERTO ROQUE, Dmitry Peskov, it's, Sabrina Singh, We're, Singh Organizations: Service, US Navy, Pentagon, US Southern Command, Business, Getty Images, US, Kremlin Locations: Cuba, Caribbean, Helena, Guantanamo Bay, SOUTHCOM's, Los Angeles, Angeles, Havana, Kazan, United States, Havana's, Moscow, Russia, Ukrainian, Washington, Ukraine, Kyiv
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