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Western Allies Announce New Price Cap On Russian Petroleum Products
In a bid to further limit Russia’s ability to make money and finance its brutal war efforts in Ukraine, the U.S. and allies on Friday announced new price caps on products like gasoline and fuel oil, TURAN's Washington correspondent reports.
The agreement between the U.S., the G7, the EU and Australia places a price cap on two levels: one applies to Russian "premium-to-crude" petroleum products like diesel, kerosene and gasoline, which will be capped at $100 USD per barrel, and the other on “discount-to-crude” petroleum products like fuel oil, which will be capped at $45 USD per barrel, according to the U.S. Treasury Department.
Speaking to reporters Friday afternoon, senior Biden administration officials shrugged off reports that despite sanctions, the Russian economy is still expected to rebound, saying that it “doesn't function any longer like a normal economy.”
Alex Raufoglu
Washington D.C.
Politics
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The United States said on Friday it's hoping that Azerbaijan and Azerbaijan could finalize a peace agreement by COP29, the United Nations annual climate conference, which will take place in Baku this fall, TURAN's Washington correspondent reports.
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On Friday, the Baku Serious Crimes Court continued the proceedings in the case of opposition politician Tofiq Yagublu. Yagublu's lawyers requested the summons of additional witnesses, including members of the National Council of Democratic Forces, opposition activists, and Yagublu’s wife, Maya Yagublu. Contrary to the prosecution's claims that Yagublu was involved in handing over money to facilitate a visa for Elshan Huseynov in the Zabrat settlement, his lawyers argued that he was actually attending a National Council meeting in the Pirshaghi settlement at that time. Witnesses can confirm this. The court partially granted the request, deciding to call four additional witnesses. The next court session is scheduled for October 18.
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Armenian Prime Minister Nikol Pashinyan stated that peace between Armenia and Azerbaijan is not only possible but also within reach. He made this declaration during his address at the UN General Assembly. Pashinyan emphasized that both countries recognize each other's territorial integrity and the inviolability of borders established during the Soviet era.
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According to reports from "Abzas Media," the inmate in the Baku pre-trial detention facility-, Maleyka Bekirova was allegedly beaten on September 23 by the facility's warden, Adalat Gurbanov, when she attempted to make a phone call. The report claims that Gurbanov took Bekirova from her cell number 35 to an illegally established "punishment cell" and assaulted her. Witnesses allegedly described Gurbanov choking Bekirova and slapping her before throwing her onto a bunk, leaving marks on her face and chest.
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