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...
Russia’s Largest Cargo Airline Ordered to Pay Aircraft Lessor BOC Aviation $406.2M April 12, 2023 By Jonathan Stempel /A U.S. judge on Tuesday ordered Russia’s largest cargo airline to pay aircraft lessor BOC Aviation Ltd. $406.2 million after...
Russia’s GAZ Group Files $348M Suit Against Volkswagen April 10, 2023 The Gorky Automobile Plant, part of Russia’s GAZ Group which was contracted to assemble cars for Volkswagen, has filed a...
Munich Re Will Not Extend Nord Stream 1 Coverage When It Expires This Year April 6, 2023 Munich Re will not proactively extend coverage for the Nord Stream 1 pipeline when it expires later this year, a...
Germany’s Allianz Does Not Plan to Renew Policy for Nord Stream 1 Project April 6, 2023 German insurance company Allianz said on Wednesday it does not intend to renew a policy for the Nord Stream 1...