Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy producer Shell Plc (SHEL.L) to carmaker Hyundai Motor Co (005380.KS) Continue Reading
Russia’s security policy dictates that the country would only use nuclear weapons if its very existence were threatened, Kremlin spokesman Dmitry Peskov told CNN in an interview on Tuesday. The Continue Reading
For decades, global finance firms eagerly catered to Russian firms, billionaires and the government. Then tanks started rolling into Ukraine. Citigroup Inc. , which has thousands of staff and billions Continue Reading
Gas flows via the Nord Stream 1 pipeline into Germany fell to 58.5 million kilowatt hours per hour on Tuesday, data from the pipeline operator showed. View full article at Continue Reading
Ukraine in Control of Gas Infrastructure: Naftogaz CEO European natural gas steadied on Tuesday as Russian supplies flow to the continent in line with orders and mild weather keeps demand Continue Reading
Russia’s attack on Ukraine helped push the price of oil to over $100 a barrel for the first time since 2014. Here’s how rising oil costs could further boost inflation Continue Reading
Three days after the invasion of Ukraine, a Boeing 737 — operated by Russia’s Pobeda but owned by Dublin-based Avolon — was impounded after landing in Istanbul. The plane’s seizure Continue Reading
A huge portion of Russia’s gross domestic product comes from its oil exports, and nearly 80% of those exports go to Europe. While Europe will suffer in the short term Continue Reading
France sees a potential ban on imports of Russian energy into the EU as an option, its Economy and Finance Minister Bruno Le Maire said over the weekend, adding that Continue Reading
Several Chinese state-owned refiners have returned to the Russian spot market to buy May-loading Urals crude barrels, attracted by their record discount to Dated Brent, refining sources told S&P Global Continue Reading
