New Delhi, March 29: US President Joe Biden said that his weekend comment in Europe that his Russian counterpart Vladimir Putin “cannot remain in power” was a moral outrage for his invasion of Ukraine, and that does not reflect any change in American policy with respect to regime change. As such, Biden refused to apologize for his comments, on which his administration has been having a tough time in explaining over the past few days.

Oil prices dropped on Tuesday, extending losses from the previous day on signs of progress in talks between Russia and Ukraine to end their weeks-long conflict, with prices further pressured by China's new lockdowns to curb the spread of the coronavirus. Brent crude fell $6.51, or 5.8%, to $105.97 a barrel by 1342 GMT and U.S. West Texas Intermediate (WTI) crude was down $6.41, or 6%, at $99.55. Both benchmarks lost about 7% on Monday. Ukrainian and Russian negotiators met in Turkey for the first face-to-face talks in nearly three weeks. The top Russian negotiator said the talks were "constructive".  Russia-Ukraine War: Vladimir Putin Says, 'Tell Volodymyr Zelenskyy, I Will Thrash Them' After Receiving Peace Offer From Ukrainian President

Russia promised at the peace talks to scale down its military operations around Kyiv and northern Ukraine, while Ukraine proposed adoption of neutral status but with international guarantees that it would be protected from attack. "Oil prices are under pressure again on expectations from peace talks between Ukraine and Russia, which could lead to an easing of sanctions," said Hiroyuki Kikukawa, general manager of research at Nissan Securities.  Russia-Ukraine War: 12 Journalists Killed in Ukraine Since Beginning of War, Says Ukrainian Prosecutor General Iryna Venediktova

The Netherlands has expelled 17 Russian intelligence agents who were accredited as diplomats, based on information from its own security services, the foreign affairs ministry said in a statement on Tuesday. "The reason for this (decision) is information from the AIVD and MIVD showing that the individuals in question, accredited as diplomats at the Russian representations in the Netherlands, are secretly active as intelligence officers," the ministry said.

Russian lead negotiator Vladimir Medinsky said on Tuesday that Kyiv's proposals to Moscow at talks in Istanbul included one that Russia would not oppose Ukraine joining the European Union. He made the comment in footage broadcast on state television after talks between Russia and Ukraine in Istanbul.

Ruble surges 10% on Ukraine-Russia talks progressed on Tuesday.

A ceasefire to end the humanitarian crisis and security guarantees to protect Ukraine from Russia were among the issues discussed at peace talks between Moscow and Kyiv delegations in Turkey on Tuesday, president Volodymyr Zelenskyy's political advisor said.

Russia announced on Tuesday the expulsion of 10 diplomats from the three Baltic states in a tit-for-tat response, including three diplomats each from Estonia and Latvia, and four from Lithuania.

(The above story first appeared on LatestLY on Mar 29, 2022 08:46 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website