EU Sanctions Aim to Make Banks Report Frozen Russia Assets; Russia Reinsurer on List February 16, 2023 By Alberto Nardelli The European Union is poised to force banks to report information on Russian Central Bank assets as part of the...
‘Shadow Fleet’ of Tankers Transporting Russian Oil Swells to 600 Ships: Trafigura February 6, 2023 By Archie Hunter, Alix Steel and Grant Smith The “shadow fleet” of ships that transport Russian oil around the world has expanded to around 600 tankers, according to...
Factbox: Here Are Main Elements of New G7-Led Price Cap on Russian Oil Products February 6, 2023 The Group of Seven rich nations, the European Union and Australia have set price caps for Russian diesel and other...
G-7 Nations, EU Agree to Price Caps on Russian Refined Oil Products February 6, 2023 European Union countries agreed to set price caps on Russian refined oil products to limit Moscow’s funds for its invasion...
Western Tankers Ramp Up Russian Oil Shipments as Prices Remain Below G7 Price Cap February 1, 2023 Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow’s flagship Urals grade held...
EU Eyes $100/Barrel Cap on Russian Premium Oil Products in Next Round of Sanctions January 27, 2023 The European Commission is proposing that the EU set a $100 per barrel price cap on premium Russian oil products...
Aircraft Leasing Companies Cautious About Risky Markets After $10B Hit in Russia January 23, 2023 By Conor Humphries and Padraic Halpin Aircraft leasing companies, which own most of the world’s passenger jets, face a tricky balance between risks and rewards after...
Russia’s Flagship Oil Sells at Half Global Prices, Below G7 Imposed Cap January 9, 2023 By Alaric Nightingale Russia’s flagship oil is selling at less than half international prices — and way below a Group of Seven imposed...
Putin Bans Russian Oil Exports to Countries Implementing Sanctions-Related Price Cap December 28, 2022 By Alexander Marrow and Vladimir Soldatkin President Vladimir Putin on Tuesday delivered Russia’s long-awaited response to a Western price cap, signing a decree that bans the...
Russian Airlines Explore Buying Stranded Jets From Western Leasing Firms December 27, 2022 By Gleb Stolyarov and Carolyn Cohn Russian airlines have held exploratory talks with at least one major Western leasing firm about using state funds to buy...