Western sanctions against Russia for its invasion of Ukraine may not have resulted in the dramatic economic collapse that some had predicted, but they still had a huge impact. Russia is now the most sanctioned country in the world and shortages of goods, limited access to services and other restrictions are slowly changing everyday life …
7 unexpected ways Western sanctions have affected life in Russia Read More »
Cargo ships and ships pass through the Bosphorus Strait, a body of water connecting the Black Sea to the Sea of Marmara and the Mediterranean Sea via Istanbul, Turkey. Above, the Russian-flagged Volga River Taganrog tanker cruises through the Bosphorus Strait in October 2022. Nurphoto | Nurphoto | Getty Images Tankers full of Kazakh oil …
Cargo ships and ships pass through the Bosphorus Strait, a body of water connecting the Black Sea to the Sea of Marmara and the Mediterranean Sea via Istanbul, Turkey. Above, the Russian-flagged tanker Volga River Taganrog passes south through the Bosphorus Strait in October 2022. Nurphoto | Nurphoto | Getty Images Tankers full of Kazakh …
hong kong CNN Business — Chinese President Xi Jinping is visiting Saudi Arabia this week for the first time in nearly seven years, during which he is expected to sign billions of dollars in deals with the world’s biggest oil exporter and meet with leaders from across the world. Middle East. The visit is a …
When China and Saudi Arabia meet, nothing matters more than oil | CNN Business Read More »
Vietnam to hold first large-scale arms fair this week The country’s nascent military industry plans to export for the first time He seeks faster diversification of Russian military supplies HANOI, Dec 7 (Reuters) – Vietnam is considering a major defense shift as it seeks to reduce its dependence on Russian weapons and launch a drive …
Analysis: Vietnam shifts gears on arms trade as it loosens ties with Russia Read More »
Russian President Vladimir Putin MIKHAIL METZEL/SPOUTNIK/AFP via Getty Images hide caption toggle caption MIKHAIL METZEL/SPOUTNIK/AFP via Getty Images Russian President Vladimir Putin MIKHAIL METZEL/SPOUTNIK/AFP via Getty Images When Russia invaded Ukraine in February this year, the international community imposed a series of sanctions on the invading nation. They froze the assets of wealthy and powerful …
Why sanctions against Russia are not working. Still. Read More »
A general view shows the Lukoil oil refinery in Volgograd, Russia, on April 22. (Reuters) Estimated reading time: 5-6 minutes MOSCOW — Most Russian crude oil exports to Europe are now banned, marking the West’s boldest ever effort to put financial pressure on President Vladimir Putin as his brutal war in Ukraine enters his tenth …
The West has just jammed the oil market. The rest depends on Russia Read More »
Reactor No. 4, protected by a structure called New Safe Confinement, at the Chernobyl nuclear power plant on April 26, 2022, the 36th anniversary of the disaster. (Sergei Supinsky/AFP via Getty Images) KYIV — The Belarusian border with Ukraine is 674 miles long. But one of the most strategically important areas is directly north of …
In the ruins of Chernobyl, Ukraine awaits Russia – again Read More »
For months, energy analysts have worried about what might happen on December 5, when two things were bound to happen. First, a European ban on maritime imports of Russian oil would come into effect. Second, the world’s advanced economies would impose a price cap on Russian oil. December 5 has arrived, and… not much has …
The oil embargo, decided at the end of May, entered into force on Monday in the European Union. It was accompanied by a new price cap for Russian crude set by the G7 countries. This is intended to limit Kremlin revenue while allowing countries like China and India to continue buying Russian oil, provided they …
The West has just jammed the oil market. The rest depends on Russia Read More »
