Seven weeks after sending a new commander to Ukraine to oversee a refocused invasion, Russia faces a truth that a former American defense secretary, Donald Rumsfeld, defined as the necessity Continue Reading
Russia’s flagship crude grade, which was sold mostly to Europe before the Russian invasion of Ukraine, is still selling, but predominantly in Asia, and at a huge discount to Dated Continue Reading
The federal Russian government will increase minimum wages and pensions from June 1 as it seeks to counter the effects of double-digit inflation closely linked to Western sanctions. Inflation in Continue Reading
Russian gas flows to Europe fell on Wednesday after Moscow widened European cuts and halted Dutch, Danish and German contracts over refusals to accept Moscow’s roubles-for-gas payment scheme. Eastbound gas Continue Reading
The UK and EU have agreed a co-ordinated ban on insuring ships carrying Russian oil, shutting Moscow out of the vital Lloyd’s of London insurance market and sharply curbing its Continue Reading
European Union leaders agreed to pursue a partial ban on Russian oil, paving the way for a sixth package of sanctions to punish Russia and its president, Vladimir Putin, for Continue Reading
Russia widened its gas cuts to Europe on Tuesday with energy giant Gazprom (GAZP.MM) turning off supplies to top Dutch trader GasTerra escalating the economic battle between Moscow and Brussels. Continue Reading
The European Union’s decision to cut 90% of its oil imports from Russia will accelerate a move already underway – that is Moscow trying to sell as much crude as Continue Reading
The London Stock Exchange said on Tuesday it has canceled securities of Russian energy company Gazprom (GAZP.MM) from admission to trading at the company’s request. Gazprom said earlier this month Continue Reading
Natalia Klyueva started her hunt for a new Moscow job in February — just before Russia’s invasion of Ukraine and the west’s wave of retaliatory sanctions. Three months later, the Continue Reading
