Russian oil freight rates soar on sanctions-driven tanker shortage
Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of ...
Russia economy crisis sees potato cost spike by nearly 100% as Putin faces new sanctions
It comes as new US President Donald Trump warned this week that Putin could expect “high levels of taxes, tariffs, and ...
EU Russia Sanctions in Limbo as Orban Aide Calls for ‘Debate’
The fate of the European Union’s sanctions against Russia were thrown into limbo after a top Hungarian official called for a ...
US sanctions’ impact on Russian oil trade showing, Indian refiners seek more oil from Middle East
Industry officials maintain that enough oil supply is available in the global market and replacing the lost Russian oil ...
In Rare Criticism, Trump Says Putin Is ‘Destroying Russia’
President Vladimir V. Putin of Russia praised President Trump’s second inauguration, but the American leader did not return ...
Russian Oil Ships Hunt for New Flags to Hide From Sanctions
A chunk of Russia’s oil tanker fleet is being forced to change the flag they sail under as US and UK sanctions heap pressure on Moscow’s shipping network.The Barbados ship registry said that by the ...
Oil prices climb as supply concerns over Russian sanctions persist
Oil prices recovered on Monday as supply concerns persisted after Washington imposed two rounds of sanctions in the past two ...
Russia and Iran sign a partnership treaty to deepen their ties in the face of Western sanctions
The presidents of Russia and Iran have held talks in the Kremlin before the signing of a broad cooperation pact to deepen ...