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 …
OPEC and its allies pledged on Sunday to stand ready to take “immediate” action to stabilize global oil markets a day before the start of sweeping new Western restrictions on Russia’s oil exports. OPEC+, which is led by Saudi Arabia and Russia, decided against making any immediate changes to the group’s production targets, but said …
OPEC+ says ready to adjust oil production as Russian embargo looms Read More »
Former Delta Force Commander Lt. Gen. Jerry Boykin discusses whether Putin is open to negotiations to end the conflict in Ukraine and whether US sanctions against Russia are sufficient on ‘Cavuto: From Sea to Sea ‘other”. The Kremlin on Saturday rejected a European Union plan to cap Russian oil prices at $60 a barrel as …
Kremlin rejects EU oil price cap: ‘Europe will live without Russian oil’ Read More »
An elaborate US-led plan to limit what Russia can charge for its oil exports is expected to cap the price of Russian crude at $60 a barrel, the Group of 7 nations agreed on Friday. The threshold, which was set after lengthy negotiations among European Union diplomats, should make a small dent in the Kremlin’s …
WASHINGTON (AP) — The Group of Seven nations and Australia joined the European Union on Friday in adopting a $60-a-barrel price cap for Russian oil, a key step as Western sanctions aim to reshape the market world oil to prevent price spikes and deprive President Vladimir Putin of funding for his war in Ukraine. Europe …
G-7 joins EU on $60 a barrel price cap for Russian oil Read More »
London CNN Business — The European Union reached a consensus on the price at which to cap Russian oil just days before its ban on most imports took effect. News of the deal, which had required the approval of recalcitrant Poland, was confirmed on Twitter by European Commission President Ursula von der Leyen, marking a …
Europe agrees to cap Russian oil price at $60 a barrel | CNN Business Read More »
London CNN Business — The European Union reached a consensus on the price at which to cap Russian oil just days before its ban on most imports took effect. News of the deal, which had required the approval of recalcitrant Poland, was confirmed on Twitter by European Commission President Ursula von der Leyen, marking a …
Europe agrees to cap Russian oil price at $60 a barrel | CNN Business Read More »
The Kyiv-Pechersk Lavra monastery in Kyiv, Ukraine, which was raided by Ukrainian security services in November.Credit…Brendan Hoffman for The New York Times KYIV, Ukraine – Ukrainian President Volodymyr Zelensky has called for the country’s largest and oldest branch of Christian Orthodoxy to be banned as long as it continues to respond to church leaders in …
Russian-Ukrainian war: EU agrees to price cap on sale of Russian oil Read More »
BRUSSELS (AP) – The European Union was closing in on setting a price cap of $60 a barrel for Russian oil – a long-awaited and complex political and economic maneuver designed to keep Russia supplied to world markets while limiting President Vladimir Putin’s ability to fund his war in Ukraine. EU countries sought to push …
