Russian President Vladimir Putin declared a state of emergency following massive diesel oil leak into a river in the Russian Arctic region.
The spillage of 21,000 tonnes of diesel oil into a river near the Siberian city of Norilsk is feared to cause environmental damage for years to come.
This spill, considered the largest one in the Russian Arctic Circle, has contaminated an area of 350 square kilometres, Russian state media report.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.