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Reports of increased fighting along Ukraine front line, Russia claims large attack thwarted
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Reports of increased fighting along Ukraine front line, Russia claims large attack thwarted

5 June 2023
Reports have emerged online during Sunday (4 June) and early Monday morning (5 June) of increased fighting along the front line in Ukraine. Various social media sources that have regularly provided updates on the current situation on the ground in Ukraine since the start of the full-scale invasion in February 2022 reported forward Ukrainian troop movements in a number of locations along the front line over the last 24 hours. On Monday morning, the commander of Ukraine's ground forces, Oleksandr Syrskyi, said troops were "moving forward" towards the eastern city of Bakhmut, and had destroyed a Russian position near the city. As of 09.30 CET on Monday (4 June), nothing else regarding the ostensible counteroffensive has been officially stated by Ukrainian authorities. Yesterday, Ukrainian authorities published a video asking for people to withhold any precise information they may have on Ukrainian troop movements, saying "Plans love silence. There will be no announcement of the start [of the counteroffensive]." The footage featured masked and well-armed troops holding their fingers to their lips, stressing the importance of operational security.
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Oil prices rise as OPEC+ announces output cuts after Vienna meeting
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Oil prices rise as OPEC+ announces output cuts after Vienna meeting

5 June 2023
The group of oil producing countries, OPEC+, has pledged oil output cuts amid flagging global oil prices. Following the announcement made on Sunday (4 June) after a meeting of OPEC+ in Vienna, Brent crude oil rose by as much as 2.4% before settling at around $77 a barrel in Asia trading on Monday. In accordance with the agreement struck, Saudi Arabia announced that they would cut daily barrel production from 10 million barrels per day (bpd) to 9 million bpd in July, as well as extending their volunatary cut in oil production of 500,000 bpd until December 2024. Russia's 2023 quota currently stands at around 10.5 million bpd, but in 2024 will reduce to approximately 9.3 million bpd, consisting of a reduction of 650,000 barrels per day as well as the voluntary cut of 500,000 bpd. Brent crude oil rose by as much as 2.4% before settling at around $77 a barrel. Global oil prices spiked following Russia's full-scale invasion of Ukraine in February 2022. Since then, however, prices have fallen to pre-February 2022 levels. In an attempt to shore up global oil markets, OPEC+ have announced a couple of rounds of cuts in oil production. In October 2022, OPEC+ agreed to cut production by two million bpd, about 2% of global demand.
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Connectivity, security and rights, border delimitation and peace treaty discussed at Pashinyan-Aliyev meeting in Moldova
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Connectivity, security and rights, border delimitation and peace treaty discussed at Pashinyan-Aliyev meeting in Moldova

2 June 2023
The Armenian Prime Minister Nikol Pashinyan and Azerbaijani President Ilham Aliyev met yesterday (1 June) near the Moldovan capital, Chisinau. The meeting took place on the sidelines of the second summit of the European Political Community (EPC), and was chaired by the European Council President Charles Michel. The French President Emmanuel Macron, and German Chancellor Olaf Scholz, were also in attendance. In remarks made following the meeting, President Michel said that they had a “very good meeting”, in which they addressed the topics of connectivity, security and rights, border delimitation, and the peace treaty. Michel announced that they had scheduled a next meeting of the five leaders for 21 July, to take place in Brussels, adding that yesterday’s meeting was “good preparation” for then. “It means that we are working hard, and we intend to support all the positive efforts in the direction of normalisation of the relations,” said Michel.
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European Political Community summit taking place in Moldova, Pashinyan and Aliyev to meet
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European Political Community summit taking place in Moldova, Pashinyan and Aliyev to meet

1 June 2023
The second summit of the European Political Community (EPC) is taking place today in Moldova (Thursday 1 June). During the summit, the Armenian Prime Minister Nikol Pashinyan and the Azerbaijani President Ilham Aliyev will meet with European Council President Charles Michel, French President Emmanuel Macron, and German Chancellor Olaf Scholz. The brainchild of Emmanuel Macron, the European Political Community's first summit took place in Prague, in October 2022. The EPC says that it is "a platform for political coordination among European countries across the continent," adding that it "aims to promote political dialogue and cooperation to address issues of common interest and to strengthen the security, stability, and prosperity of the European continent." The EPC says that there are three main topics expected to be addressed by the 47 member states, which include every European country except Russia and Belarus. Those three topics are: joint efforts for peace and security; energy resilience and climate action; and interconnections in Europe for a better connected and more stable continent.