A steep discount in Russian diesel prices compared with fuel produced by other countries has spread to the European barge market in two-tier trading that is likely to continue as Continue Reading
U.S. President Joe Biden announced on Wednesday a new $700 million weapons package for Ukraine that will include high mobility artillery rocket systems, which can accurately hit targets as far Continue Reading
Russia’s factories suffered a sharp fall in output in April, with auto production leading the way down, falling 61% from last year as Western sanctions in response to the invasion Continue Reading
Northern European countries are discussing plans to create a common power grid under the North Sea to connect future offshore wind farms as they seek to strengthen energy security, but Continue Reading
Russian gas flows to Europe dipped slightly on Thursday morning, with reverse flows on the Yamal-Europe pipeline also easing, all in line with customer requests, operator data showed. Physical flows Continue Reading
The damage inflicted on Russia by sanctions was on full display in April as the economy swung into a contraction, with industrial production dropping and retail sales suffering their worst Continue Reading
Russia’s failure to pay $1.9 million in accrued interest on a dollar bond will trigger payouts potentially worth billions of dollars, a panel of investors determined on Wednesday, as the Continue Reading
The Biden administration plans to sell Ukraine four MQ-1C Gray Eagle drones that can be armed with Hellfire missiles for battlefield use against Russia, three people familiar with the situation Continue Reading
The old nuclear order, rooted in the Cold War’s unthinkable outcomes, was fraying before Russia invaded Ukraine. Now, it is giving way to a looming era of disorder unlike any Continue Reading
EU Leaders Back Partial Russian Oil Ban: Von Der Leyen Oil headed for its longest run of monthly gains in more than a decade as European Union leaders agreed to Continue Reading
