Russia’s first external default in a century now looks all but inevitable after another brutal week for the country’s finances. First, the Treasury halted dollar debt payments from Russia’s accounts Continue Reading
In the latter half of the 1980s, roughly 200 American companies withdrew from South Africa, partly in protest against its apartheid system. As businesses fled the country, South Africa’s segregationist Continue Reading
Some plants in Russia halt due to lower exports Feedstocks face pressure finding homes Refineries in Russia and Belarus are reducing throughput, with some halting production, as they have been Continue Reading
Russian coal and oil paid for in yuan is about to start flowing into China as the two countries try to maintain their energy trade in the face of growing Continue Reading
The House and Senate passed bills stripping Russia of its most-favored-nation trade status and approving a ban on Russian oil imports to punish Moscow over its invasion of Ukraine, sending Continue Reading
The United States Congress voted to ban the import of Russian crude oil, and to suspend normal trade relations with Russia, as the United States moves to increase its pressure Continue Reading
There are signs that Russia is continuing to export oil and gas despite western sanctions. Sign up here to get the latest updates on the Russian invasion of Ukraine. As Continue Reading
Russia’s invasion of Ukraine has pushed many Western countries to ban Russian crude. As a result, Russia’s massive fleet of oil tankers is being shunned by traders. With fewer tankers Continue Reading
Turkey buys over 7 mil barrels of Urals crude in March Urals flows also redirected to Asia, mainly China & India Russia’s flagship Urals crude has been shunned by its Continue Reading
EU May Need Sanctions on Russian Oil, Gas, Michel Says The U.S., European Union and Group of Seven are coordinating on a fresh round of sanctions on Russia, including a Continue Reading
