No other EU leader has meet Putin since Ukraine invasion Nehammer’s accounts had focused on war’s human tragedy Russia appears to have kept door open to payment in euros Austria Continue Reading
The flagship of Russia’s Black Sea fleet was seriously damaged and its crew evacuated on Thursday, following an explosion on board that Ukraine said was caused by a missile strike. Continue Reading
Share The consequences of harsh economic sanctions against Russia are already being felt across the globe. The cost to shareholders of Western companies’ exodus from Russia will become clearer in coming weeks, Continue Reading
Reports of Russian cyberattacks on Ukrainian infrastructure are mounting. German infrastructure has been targeted, as well, with an attack that paralyzed 11GW of power in late February. “Conflict in Ukraine Continue Reading
Exports dropped 7.7% in March even as total shipments rose Imports rose 26.4%, with rising energy prices likely a factor Bloomberg News China’s exports to Russia slumped in March after Continue Reading
Vitol says volumes will drop this quarter, cease by year-end Trader joins other firms and countries shunning Russian oil Vitol Group, the world’s top independent oil trader, intends to completely Continue Reading
The full impact of sanctions and buyer aversion to Russian oil will take full effect from May onwards, the International Energy Agency said on Wednesday. Still, lower demand amid a Continue Reading
An immediate interruption in Russian energy supplies over the war in Ukraine could jeopardize 220 billion euros ($240 billion) of German output over the next two years, a report warned. Continue Reading
For the first time since July 2020, Russia’s crude oil production has slipped below the 10 million bpd mark on Monday, two anonymous Reuters sources suggested. The decline in Russia’s Continue Reading
It now costs more than $348,000 a day to charter an oil tanker from the port of Primorsk to northwest Europe. Daily earnings for tankers shipping oil from Russia’s Baltic Continue Reading
