US Imposes Sanctions on Hundreds of Targets in Fresh Russia Action May 19, 2023 By Daphne Psaledakis The United States and its partners on Friday announced new penalties aimed at punishing Russia for its invasion of Ukraine,...
G-7 Steps Up Russia Sanctions, Seeks to Cut China Trade Dependency May 19, 2023 By Katya Golubkova Leaders of the world’s richest democracies agreed on Friday to stiffen sanctions against Russia, while a draft communique to be...
No Quick Deal in Sight as EU Countries Start Talks on New Russia Sanctions May 10, 2023 By Gabriela Baczynska European Union states were holding a first discussion on Wednesday on proposed new sanctions over Russia’s war in Ukraine that...
Russian Carmaker GAZ Files Third Lawsuit Against Volkswagen May 8, 2023 Russian carmaker GAZ has filed a lawsuit worth 15.6 billion roubles ($200.5 million) against Volkswagen, court records show, adding to...
Rising Oil Prices Complicate Russian Price Cap Checks for Insurers April 28, 2023 By Alex Longley Key figures in the insurance industry said rising Russian oil prices are making it harder for them to know if...
Ship Insurers Warn of Russian Oil Price Cap Evasion, Risks of Growing ‘Dark Fleet’ April 27, 2023 By Jeslyn Lerh and Muyu Xu A rise in spot prices for Russian crude oil to above the $60 per barrel cap imposed by western powers...
Russia’s Lavrov Blames West for Deadlock Over Future of Black Sea Grain Deal April 26, 2023 By Michelle Nichols Moscow has seen “practically no results” from a pact with the United Nations that aimed to help Russia’s grain and...
Russia’s Medvedev Says G-7 Export Ban Could Trigger Black Sea Grain Deal Exit April 24, 2023 By Bloomberg News Moscow may retaliate if Group of Seven countries proceed with a total ban on most exports to Russia by withdrawing...
Lukoil Buys Into AIG’s Former Russian Subsidiary April 20, 2023 Russia’s second-largest oil producer Lukoil has bought into insurance company GARDIA, a former subsidiary of AIG, one of the world’s...
Kremlin Warns Outlook for Extending Black Sea Grain Deal Is ‘Not so Great’ April 13, 2023 By Guy Faulconbridge and Michelle Nichols The Kremlin warned on Wednesday that the outlook for extending a deal beyond May 18 that allows the safe wartime...