EU Import Ban Could Knock Another 10% Off Russia’s Oil Output
Kremlin said the plan will be very costly for the bloc Von Der Leyen Says EU Plans to Phase Out Russian Oil Bloomberg News The European Union’s proposal to ban Continue Reading
Explainer: Disconnecting Russia’s banks: Sberbank faces SWIFT removal
The European Union aims to cut off Sberbank (SBER.MM) , Russia’s largest lender, from the SWIFT international payment system as Western allies seek to further isolate Moscow from financial markets Continue Reading
Kremlin dismisses speculation Putin to declare war on Ukraine on May 9
The Kremlin on Wednesday dismissed speculation that President Vladimir Putin planned to declare war against Ukraine and declare a national mobilisation on May 9 when Russia commemorates the Soviet Union’s Continue Reading
Sweden says it received U.S. security assurances if it hands in NATO application
Sweden has received assurances from the United States that it would receive support during the period a potential application to join NATO is processed by the 30 nations in the Continue Reading
Europeans weigh costs of cutting Russian energy over Ukraine
Across Europe, rising energy prices are testing the resolve of ordinary consumers and business owners who are caught between the continent’s dependence on cheap Russian energy and its revulsion over Continue Reading
Unexplained Attacks Inside Russian Territory Raise Prospect of Wider Conflict
A series of attacks inside Russian territory and unexplained explosions at Russian targets near the border with Ukraine have expanded the scope of the conflict in recent weeks, underscoring Russian Continue Reading
U.S. Intelligence Is Helping Ukraine Kill Russian Generals, Officials Say
The United States has provided intelligence about Russian units that has allowed Ukrainians to target and kill many of the Russian generals who have died in action in the Ukraine Continue Reading
Russia’s Oil Output Is Plummeting, And It May Never Recover
Russia’s oil output is plummeting, and the decline is expected to worsen in May. OPEC recently warned that markets could see the loss of more than 7 million barrels per Continue Reading
Russia’s Gazprom to use Nord Stream 2 system capacity for domestic market
Would only commission one line if Germany reverses opposition Second line would only be available from 2028 Nord Stream 2 certification process currently suspended Russia’s Gazprom said May 5 it Continue Reading
Oil jumps 3% as EU plans ban on Russian oil
Oil prices jumped on Wednesday as the European Union, the world’s largest trading bloc, spelled out plans to phase out imports of Russian oil, offsetting demand worries in top importer Continue Reading