Current tactics risk $150/b oil, $6/gal gasoline Import tariffs, transfer caps among options Energy sanctions against Russia need to be reconfigured to better target the country’s revenues from oil and Continue Reading
Even before the start of the war in Ukraine, an international alliance to rally the world against a Russian invasion came together so quickly that President Biden later marveled at the “purpose Continue Reading
State-controlled Russian National Reinsurance Company (RNRC) is now the main reinsurer of Russian ships, including Sovcomflot’s fleet, after Western insurance firms withdrew cover for Russian shipowners, three people familiar with Continue Reading
Russia’s population is declining even as it emerges from the worst of the Covid-19 epidemic, underlining the government’s difficulties in reversing the slump as President Vladimir Putin wages war in Continue Reading
Russian forces around Ukraine’s Sievierodonetsk had not made advances into the south of the city as of Friday, Britain’s Defence Ministry said on Saturday. “Intense street-to-street fighting is ongoing and Continue Reading
Global companies have racked up more than $59 billion in losses from their Russian operations, with more financial pain to come as sanctions hit the economy and sales and shutdowns Continue Reading
Image caption, Russia’s President Vladimir Putin has openly compared himself to Peter the Great Vladimir Putin’s admiration for Peter the Great is well known but he now seems to have Continue Reading
The Biden administration’s leading international energy adviser has called on India not to go “too far” as it increases imports of discounted Russian crude that has lost buyers in Europe. Continue Reading
Russian President Vladimir Putin said on Thursday that Russian companies will not block off their oil wells despite the West’s efforts to lessen its dependence on energy supplies from Moscow. Continue Reading
Russia said on Thursday it did not expect Gazprom (GAZP.MM) to cut gas supplies to any more European customers and said its scheme to make buyers pay for gas in Continue Reading
