To overlook geopolitical events would be short-sightedness as ongoing tensions could still result in supply disruptions, says Daniel Hynes, Senior Commodity Strategist at ANZ.» Read More
HELSINKI— Norwegian oil company Statoil says it will resume operations at a gas field in Algeria, 19 months after five Norwegian workers were killed in a terrorist attack there. Statoil ASA says it has decided to reopen the Ain Amenas plant after "outstanding security operations" were implemented.
It remains unclear, however, whether the talks can reach a compromise amid the brutal fighting that has continued in eastern Ukraine. The negotiations involve former Ukrainian President Leonid Kuchma; Russia's ambassador to Ukraine; an envoy from the Organization for Security and Cooperation in Europe and representatives of the rebels.
Ukraine and Russia exchanged captured soldiers, Russian news agencies said.
Clashes along India's border with Pakistan are "extremely serious and provocative," Defense Minister Arun Jaitley said on Saturday.
The EU threatened Russia with new trade sanctions if Moscow fails to start reversing its action in Ukraine, but the timing of any measures is uncertain.
*Ukrainian leader warns of all-out war with Russia. BRUSSELS, Aug 30- European Union leaders on Saturday chose Poland Prime Minister Donald Tusk to chair their Council and named Italian Federica Mogherini to run the bloc's foreign relations, as the EU prepared to threaten Russia with new sanctions over Ukraine.
Western intelligence services are worried about ISIS's extraordinary command of seemingly less lethal weapons: media.
Only time will tell whether Israel will maintain the quiet it so desperately sought during 50 days of war with Palestinian militants in the Gaza Strip.
Britain and six other states are to create a new joint expeditionary force of at least 10,000 personnel to bolster Nato's power in response to Russia.
The situation in Ukraine looks ever further from the peaceful, or at least contained, solution Western leaders were hoping for.
*Russia proposes' corridor' for encircled Kiev troops. *NATO source says more than 1,000 Russian troops in Ukraine. LAKE SELIGER, Russia/ KIEV, Aug 29- Ukraine called on Friday for full membership in NATO, its strongest plea yet for Western military help after accusing Russia of sending in armored columns that have routed its troops on behalf of pro- Moscow rebels.
MOSCOW, Aug 29- The Ukraine conflict has evoked many memories of the Cold War, including a footloose attitude to the truth. But there are also some European powers, including Germany and France, who despite being on the opposite side of the crisis share Putin's desire not to paint it as an out-and-out war between Russia and Ukraine.
President Obama put the brakes on the prospects of U.S. airstrikes against Islamic militants in Syria, saying “we don't have a strategy yet.”
HONOLULU— China should act like a regional leader and help resolve territorial disputes in the South China Sea without coercion instead of raising tensions, the head of American forces in Asia and the Pacific said Thursday.
*NATO source says more than 1,000 Russian troops in Ukraine. MOSCOW/ DONETSK, Ukraine, Aug 29- Pro-Moscow rebels fighting in Ukraine said on Friday they would comply with a request from the Kremlin and open up a' humanitarian corridor' to allow the withdrawal of Ukrainian troops they have encircled.
*NATO source says more than 1,000 Russian troops in Ukraine. MOSCOW/ DONETSK, Ukraine, Aug 28- Pro-Moscow rebels fighting in Ukraine said on Friday they would comply with a request from the Kremlin and open up a' humanitarian corridor' to allow the withdrawal of Ukrainian troops they have encircled.
One Chinese naval officer has advice for fighter pilots intercepting U.S. surveillance planes last week - fly even closer.
President Barack Obama said there will not be military action in Ukraine, and that there is no current plan to deal with ISIS.
Wall Street advanced to all-time highs while the Russia-Ukraine crisis rose toward a boil, but it wouldn't mind seeing a de-escalation soon.
*NATO source says more than 1,000 Russian troops in Ukraine. Earlier Poroshenko said he had cancelled a visit to Turkey because of the "rapidly deteriorating situation" in the eastern Donetsk region, "as Russian troops have actually been brought into Ukraine".