Bloomberg News European natural gas gained as colder weather at the end of winter combined with a dip in flows from Norway. Benchmark futures rose for a second day, reaching Continue Reading
Russian oil exports continue to make their way onto the global market. Buyers in China and India have found ways to circumvent Western sanctions. Russia continues to make a large Continue Reading
Russia has issued a firm warning following the G7’s rejection of its gas-for-rubles scheme. The G7 has said the demands from Moscow were “one-sided and a clear breach of contracts.” Continue Reading
Russian companies grappling with stinging international sanctions are exploring ways to relocate. The bulk of the enterprises and individuals making the move out of Russia to Kazakhstan are involved in Continue Reading
The de facto buyers’ strike on Russian crude that began a month ago propelled oil prices to their highest levels in years. Now the real effects are starting to create Continue Reading
India is not considering buying oil from Russia using Indian rupees, the junior oil minister told parliament on Monday, after Western nations imposed sanctions on Russia over its invasion of Continue Reading
For all the focus on how Russia’s economy is in trouble, isolated and battered by western sanctions, China, its most important ally, faces serious tremors as well. No other major Continue Reading
Germany’s decision to become more energy independent due to Russia’s invasion of Ukraine it will have to accept higher energy costs, Chancellor Olaf Scholz said on Sunday. Scholz told public Continue Reading
Russia is maintaining a distant blockade of Ukraine’s Black Sea coast which is effectively isolating Ukraine from international maritime trade, British military intelligence said on Sunday. Russian naval forces are Continue Reading
Ukraine is willing to become neutral and compromise over the status of the eastern Donbas region as part of a peace deal, President Volodymyr Zelensky said on Sunday, even as Continue Reading
