Highlights Traders, refiners shunning Russian oil over Ukraine Shell lifts cargo at record low level in Platts MOC Shell promises to commit profits from Urals to humanitarian fund Shell explained Continue Reading
Visa and Mastercard’s Russia Suspension: Explain This Netflix , TikTok, Samsung and credit card operators have joined the lengthening list of businesses cutting ties with Russia or reviewing their operations Continue Reading
Russian state natural gas company Gazprom is continuing to supply gas via Ukraine at the same volume as a day earlier of 109.5 million cubic metres per day, Russia’s Prime Continue Reading
France and Europe still have margin for maneuver to implement further sanctions against Russia for invading Ukraine, French Finance Minister Bruno Le Maire said on Monday. “Yes there are margins Continue Reading
Belgium should keep an open mind about extending the life-span of its remaining nuclear power plants, the country’s Green energy minister said on Monday, in a shift of position prompted Continue Reading
There’s a paradox haunting threats to cut off imports of Russia’s oil to punish it for its invasion of Ukraine: the more markets take the threat seriously, the more valuable Continue Reading
Oil Surges as U.S. Mulls Ban on Russian Crude Imports A cargo of Russian Sokol oil from the Far East was offered at a steep discount as the nation’s invasion Continue Reading
The European Union is weighing how to help stem the economic hit from the war in Ukraine, including a possible relaxation of the bloc’s tough state-aid rules. The European Commission Continue Reading
Wheat prices soared closer to record levels as Russia’s intensifying war in Ukraine cuts off supplies from one of the world’s leading breadbaskets. Futures in Chicago jumped by the daily Continue Reading
The pound slumped to the lowest since December 2020 as traders flocked to the U.S. dollar amid an escalation in the Ukraine war. Sterling slid to as low as $1.3156, Continue Reading
