Latest Russia Headlines
All the headlines from our Russia Topic Page, ordered by recency.
EU Eyes $100/Barrel Cap on Russian Premium Oil Products in Next Round of Sanctions
Jan 27 2023 // The European Commission is proposing that the EU set a $100 per barrel price cap on premium Russian oil products like diesel and a $45 per barrel cap on discounted products like fuel oil, European Union officials said on...
Britain Sounds Alarm on Russia-Based Hacking Group
Jan 26 2023 // A Russia-based hacking group named Cold River is behind an expansive and ongoing information-gathering campaign that has struck various targets in government, politics, academia, defense, journalism, and activism, Britain...
Aircraft Leasing Companies Cautious About Risky Markets After $10B Hit in Russia
Jan 23 2023 // Aircraft leasing companies, which own most of the world’s passenger jets, face a tricky balance between risks and rewards after losing 400 planes in Russia, but have made no “knee-jerk” withdrawal from...
Russia Criticizes Reuters Story on Russian Hackers Targeting U.S. Nuclear Scientists
Jan 13 2023 // Russia’s Foreign Ministry on Thursday criticized Reuters for spreading what it said was poorly sourced anti-Russian propaganda with a story about a Russian hacking team which targeted three nuclear research...
Ransomware Group With Links in Russia Behind Royal Mail Incident
Jan 12 2023 // A cyber incident that led to severe disruption to Royal Mail’s international export services was caused by Lockbit, a ransomware group that some cybersecurity experts say has members in Russia, Britain’s...
Russia’s Flagship Oil Sells at Half Global Prices, Below G7 Imposed Cap
Jan 9 2023 // Russia’s flagship oil is selling at less than half international prices — and way below a Group of Seven imposed cap — following sanctions targeting the Kremlin’s revenue from petroleum sales. The...
Russian Hackers Targeted U.S. Nuclear Scientists
Jan 6 2023 // A Russian hacking team known as Cold River targeted three nuclear research laboratories in the United States this past summer, according to internet records reviewed by Reuters and five cybersecurity experts. Between...
Japan Insurers to Maintain Cover for LNG Vessels in Russian Waters
Dec 30 2022 // Japanese insurers are expected to maintain marine war insurance, which covers the sinking and requisition of ships due to war in Russian waters for at least three months for liquefied natural gas (LNG) vessels, industry...
How Will Japan Secure Shipping Insurance for Imports of Russian LNG?
Dec 29 2022 // Japan, the world’s top liquefied natural gas (LNG) importer, is facing its latest challenge in securing vital gas supplies from Russia after Western reinsurers said they would halt marine war insurance for ships...
Ship Insurers’ Exodus From Russia-Ukraine Risks Gathers Momentum
Dec 29 2022 // A host of shipping insurers altered their policies for 2023 to exclude claims linked to Russia’s war in Ukraine, a further sign of the industry’s growing concerns about losses stemming from the conflict. At...
Putin Bans Russian Oil Exports to Countries Implementing Sanctions-Related Price Cap
Dec 28 2022 // President Vladimir Putin on Tuesday delivered Russia’s long-awaited response to a Western price cap, signing a decree that bans the supply of crude oil and oil products from Feb. 1 for five months to nations that...
Ship Insurers to Cancel War Risk Cover for Russia, Ukraine Following Reinsurer Exit
Dec 28 2022 // Ship insurers said they are canceling war risk cover across Russia, Ukraine and Belarus, following an exit from the region by reinsurers in the face of steep losses. Reinsurers, who insure the insurers, typically renew...
Russian Airlines Explore Buying Stranded Jets From Western Leasing Firms
Dec 27 2022 // Russian airlines have held exploratory talks with at least one major Western leasing firm about using state funds to buy some of the more than 400 aircraft stranded in Russia after its invasion of Ukraine, according to...
Japan Urges Its Insurers to Retain Marine War Cover for LNG Shippers in Russian Waters
Dec 27 2022 // The Japanese government has asked insurers to take on additional risks to continue providing marine war insurance for liquefied natural gas (LNG) shippers in Russian waters, a senior official at the industry ministry...
Exxon Avoids Hiring Tankers That Previously Transported Russian Oil
Dec 21 2022 // Exxon Mobil Corp., is avoiding hiring oil tankers that previously carried cargoes from Russia, putting itself in the same camp as Shell Plc with a move that pressures owners to choose whether to serve Moscow’s...
EU Unity Over Russia Sanctions Falters as Europe’s Economy Weakens
Dec 20 2022 // European Union unity over sanctions on Russia has started to falter as jitters about the impact on Europe’s own stumbling economy weakens resolve to punish Moscow for war in Ukraine. EU leaders agreed on Thursday...
Could G-7 Sanctions Against Russia Have Unintended Insurance Consequences?
Dec 16 2022 // The G-7 sanctions on Russian oil, which include a $60 per barrel price cap and restrictions on key services such as insurance, may have unintended consequences, according to a maritime insurance specialist. One of those...
Oil Tanker Owners Show Signs of Shunning Russia’s Crude in Response to G-7 Sanctions
Dec 16 2022 // There are tentative signs that oil tanker companies are avoiding sending their ships to collect crude from a key Russian port in Asia following G-7 sanctions targeting Moscow’s petroleum revenues. Since Dec. 5,...
Russia Insurer Ingosstrakh Has No Plans to Fill Insurance Gap Caused by Sanctions
Dec 13 2022 // Russian insurer Ingosstrakh said on Monday it has no plans to offer policies to new clients who may lose coverage from international insurers after restrictions against Russian oil came into force on Dec. 5. The European...
G7 Price Cap on Russia Oil Not to Blame for Tanker Queues: EU Says
Dec 9 2022 // The Group of Seven countries’ price cap on Russian oil is not responsible for a queue of tankers waiting in the Black Sea to pass through Istanbul’s Bosphorus Strait on the way to the Mediterranean, the...
