Russia-Ukraine crisis live | Gas consumption set to contract due to Russia: IEA

Here are the latest developments from the ongoing Russia-Ukraine conflict on July 5

Ukrainian President Volodymyr Zelensky on Monday said the reconstruction of his war-battered country is the “common task of the entire democratic world,” as Ukraine’s Prime Minister laid out a $750 billion recovery plan once the war with Russia ends.

Ukraine’s forces have withdrawn from the bombed-out city of Lysychansk, prompting Russia to claim full control of the eastern Luhansk region, a key Kremlin war goal, but President Volodymyr Zelensky vowed to regain the lost territory

The battlefield focus now shifts to the neighbouring Donetsk region, where Kyiv still controls swathes of territory.

Here are the latest updates

Gas consumption will contract slightly this year due to high prices and Russian cuts to Europe, with only slow growth over coming years as consumers switch to alternatives, the IEA said Tuesday.

The International Energy Agency chopped its forecast for global gas demand by more than half in its latest quarterly report on gas markets. -AFP

Britain is proposing a new law that will require social media companies to proactively tackle disinformation posted by foreign states such as Russia, the government said on Monday.