Following months of groundwork, frenzied late-night phone calls and a potent pressure campaign from Ukrainian leaders, the U.S. and Europe banded together to impose what is shaping up to be Continue Reading
Banks cautious on payment channels for Russian commodities Traders, charterers avoid Russian tankers, oil cargoes from Far East Lack of foreign reserve access larger impediment to Russian commodity exports Many Continue Reading
The U.S. wants to pry China away from its tight partnership with Russia. One step, U.S. officials said, is making Beijing feel pain over Russia’s invasion of Ukraine. Washington is looking to Continue Reading
Ukraine’s foreign minister urges full oil, gas embargo Calls of ‘if not now, when?’ growing louder: RBC’s Croft EIA to report latest US imports of Russian oil Feb. 28 Pressure Continue Reading
BP is moving to dump its shares of Russian oil giant Rosneft. BP Plc moved to dump its shares in oil giant Rosneft PJSC , taking a financial hit of Continue Reading
Healthy Harvest of Wheat Expected in Russia and Ukraine, Says Menker Russia’s invasion of Ukraine is roiling global agricultural markets, with some traders warning they’re unlikely to offer wheat from Continue Reading
A bank used by Exxon Mobil Corp. to pay the salaries and pensions of its workforce in Russia was among those sanctioned by the White House, according to two people Continue Reading
European nations and Canada moved on Sunday to shut their airspace to Russian aircraft, an unprecedented step aimed at pressuring President Vladimir Putin to end his invasion of Ukraine, the Continue Reading
Russia’s central bank more than doubled its key policy rate on Monday and introduced some capital controls as it scrambled to shield the economy from unprecedented Western sanctions that sent Continue Reading
Danish energy firm Orsted (ORSTED.CO) has stopped sourcing Russian coal and biomass for its power plants but will continue to buy up to 2 billion cubic metres (bcm) of natural Continue Reading
