The Group-of-Seven industrialized economies are within weeks of announcing a formal cap on the price of Russian oil, according to a US Treasury official. The step will be announced “substantially Continue Reading
The UK has placed new sanctions on Russia, blocking its citizens and businesses from purchasing an array of services from British firms, over the Kremlin’s decision to annex four regions Continue Reading
Russian gas supplies to Italy via Austria resumed, bringing some temporary relief to gas prices in Europe. Gazprom PJSC said it has found a solution with Italian buyers to overcome Continue Reading
When the bulk cargo ship Laodicea docked in Lebanon last summer, Ukrainian diplomats said the vessel was carrying grain stolen by Russia and urged Lebanese officials to impound the ship. Continue Reading
Goldman’s Currie: Oil Market Will Continue to Tighten The European market for Russia’s seaborne crude is drying up as sanctions draw nearer, and the country’s Asian customers aren’t picking up Continue Reading
Eni SpA is working with Gazprom PJSC and Austria to restore Russian natural gas flows to Italy after supplies were halted on Saturday in an apparent scuffle over regulation. The Continue Reading
Highlights Gazprom to supply only 5.7 million cu m/d to Moldovagaz Blames Ukrainian block on transit via Sokhranivka Moldova able to meet demand until start of heating season Russia’s Gazprom Continue Reading
Gazprom says ‘not possible to supply gas to Eni on Oct 1 Flows into Tarvisio had averaged 15 mil cu m/d in September Marks latest disruption to Russian gas flows Continue Reading
U.S. condemns annexation, imposes new sanctions Zelenskiy announces NATO membership application Says no peace talks while Putin is in power Putin slams neo-colonial ‘Satanic’ West Says U.S. 1945 atomic bomb Continue Reading
Russia claims that European Union sanctions are preventing it from maintaining the TurkStream pipeline. The TurkStream pipeline runs under the Black Sea from Russia to Turkey and on to Central Continue Reading
