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The Group of Seven club of wealthy democracies is inching towards an agreement on expanding its sanctions against Russia by looking for a mechanism to cap the purchase price of …
G-7 Nears Agreement on Exploring New Sanction Capping Russian Oil Price Read More
Russian President Vladimir Putin on Thursday was welcomed at a virtual summit with the presidents of China, India, Brazil and South Africa in a stark reminder of the limits of …
Russia’s Welcome at Brics Summit Shows Disconnect With West Read More
A US push to pare back one of the European Union’s sanctions on Russian oil has tentatively started to gain traction within the 27-member bloc, with officials weighing whether to …
US Gains in Push for Exception to EU Sanctions on Russian Oil Read More
The Indian government has asked state oil companies to scoop up huge volumes of cheap crude from Russia, according to industry executives, strengthening commercial ties with the country even as …
India Tells Oil Companies to Load Up on Discounted Russian Crude Read More
BERLIN — Germany will restart coal-fired power plants and offer incentives for companies to curb natural gas consumption, marking a new step in the economic war between Europe and Russia. …
Germany Steps Up Measures to Conserve Gas as Russia Slows Supply to Europe Read More
Russia Slashes Gas Flows, Aiming Economic Weapon at EuropeThe Wall Street Journal Russia again cuts natural gas flows to EuropeCNBC Television Triple whammy for European gas supplies sends prices soaringCNN …
Russia Slashes Gas Flows, Aiming Economic Weapon at Europe – The Wall Street Journal Read More
Sanctions on Russia, offset by a windfall from high-price energy exports, have not inflicted enough economic pain so far to hurt Moscow’s war effort or push President Vladimir Putin to …
Sanctions So Far Fail to Dent Russia’s War Effort Read More
The war in Ukraine has turned into a grinding artillery contest where Russia is steadily gaining ground thanks to its overwhelming advantage in firepower. As the US and allies gather …
Ukraine Fears Defeat in East Without Surge in Military Aid Read More
Global companies have racked up more than $ 59 billion in losses from their Russian operations, with more financial pain to come as sanctions hit the economy and sales and …
Business Losses From Russia Top $ 59 Billion as Sanctions Hit Read More
The privately held commodities merchant earned $ 2.7 billion in net profit on $ 170.6 billion in revenue in the six months through March, it said Friday. Profit was 29% …
Commodity Chaos From Ukraine War Sends Trafigura to Record $ 2.7 Billion Profit Read More