Why Crude Refuses to Crash Despite Glut Predictions
A looming oversupply of crude oil is going to cause prices to take a dive as the world…
Exclusive-Wheat for Chinese cars? Russia turns to barter to skirt sanctions
MOSCOW (Reuters) – Old-fashioned barter is on the rise in Russia’s foreign trade for the first time since…
Crippling Russia’s economy: EU explores new sanctions on Russian banks, oil trade; joint action with US being mulled
Whilst Russia faces severe, crippling sanctions from Western nations, it has managed to mitigate some effects. (AI image)…
Oil retreats from almost three-week high driven by Russia supply risks
By Seher Dareen LONDON (Reuters) -Oil prices fell on Tuesday after surging nearly 2% in the previous session…
Oil eases after rising to two-week high on Russia-Ukraine supply concerns
By Anjana Anil (Reuters) -Oil prices edged down on Tuesday after surging nearly 2% in the previous session,…
Oil markets seen bearish after Trump-Putin Alaska meeting
By Seher Dareen LONDON (Reuters) -Oil markets are set for a muted price reaction when they open on…
EU urges China to drop sanctions on Lithuanian banks amid tensions over Russia and Taiwan
The European Union called on China to revoke sanctions imposed on two Lithuanian banks in retaliation for EU…
Oil Prices Jump After Trump Ratchets Up Truce Pressure on Russia
(Bloomberg) — Oil ended the session at the highest levels in over a month as President Donald Trump…
UK sanctions 135 oil tankers in Russia’s shadow fleet
Britain on Monday slapped sanctions on 135 oil tankers in Russia‘s shadow fleet, in a bid to disrupt…
Oil edges up, investors eye Trump statement on Russia
By Florence Tan SINGAPORE (Reuters) -Oil prices nudged higher on Monday, adding to gains of more than 2%…
Russia Launches Record Drone Attack On Ukraine After Trump Pledges More Weapons
KYIV, July 9 (Reuters) – Russia targeted Ukraine with a record 728 drones overnight, shortly after U.S. President…
‘Double-edged sword’: Kremlin’s ‘painful recoil’ warning on EU’s fresh sanctions on Russia | World News
The Kremlin on Sunday warned Europe against imposing fresh sanctions on Russia, cautioning that tougher measures would trigger…