• 5:24 am: Russia could cut oil production in response to price cap

Russia could cut oil production by 5% to 7% in early 2023 in response to price caps for its crude and petroleum products by ceasing sales to countries that have supported Ukraine, Russian news agency RIA reported on Friday, citing Deputy Prime Minister Alexander Novak.

  • 11:02 p.m .: Russian group Wagner received weapons from North Korea, says Washington

The White House said on Thursday that the Russian paramilitary group Wagner received an initial shipment of weapons from North Korea to support Russian troops in their offensive in Ukraine, as Reuters reported earlier, citing a source of Joe Biden's administration.

With Reuters

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