Residents stand at a site of an apartment building destroyed by a Russian drone strike, amid Russias attack on Ukraine, in Kyiv, August 29, 2026. (Reuters)Residents stand at a site of an apartment building destroyed by a Russian drone strike, amid Russias attack on Ukraine, in Kyiv, August 29, 2026. (Reuters)

At least 27 people have been killed after a Russian attack hit Ukraine’s Bucha district near Kyiv, damaging around 50 residential buildings and triggering a large fire, Ukrainian officials said Saturday. The attack is the latest major escalation in Russia’s war against Ukraine, with rescue and recovery operations continuing.

Elsewhere, US President Donald Trump has announced what he described as a major oil agreement with Venezuela that would give the United States majority control of more than 65 billion barrels of the country’s proven oil reserves. The deal, which Trump said was negotiated by Secretary of State Marco Rubio and Secretary of War Pete Hegseth with Venezuela’s interim president Delcy Rodriguez, comes as Washington’s foreign policy remains focused on multiple fronts.

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In the Middle East, tensions over the Strait of Hormuz remain high. Iran’s Islamic Revolutionary Guard Corps says it retains “decisive control” over the strategic waterway and has rejected US claims that the strait is open and safe for shipping. The conflicting claims come as the wider US-Iran conflict continues to affect energy markets and regional diplomacy.

The Gaza ceasefire also remains fragile, with Board of Peace envoy Nickolay Mladenov warning that the truce could collapse if the agreed roadmap is not followed.

Top developments:

  • Ukraine: At least 27 people have been killed in a Russian attack in the Bucha district near Kyiv; around 50 residential buildings were damaged.
  • Venezuela oil: Trump says the US has reached a deal giving it majority control of more than 65 billion barrels of Venezuela’s proven oil reserves.
  • Strait of Hormuz: Iran’s IRGC claims decisive control of the waterway, contradicting US assertions about its status and safety.
  • Gaza ceasefire: Mladenov has warned that the ceasefire remains vulnerable and could collapse if the roadmap is not implemented.

Follow the latest world news and major international developments here. This live blog is a rolling curation of the day’s key global stories, with updates added as events unfold and the news agenda changes. The headline, introduction and Top Developments section will be refreshed throughout the day to reflect the stories that matter most at that moment.

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