Russia’s public budget deficit could reach between 3.5% and 4.4% of gross domestic product by the end of 2026, nearly three times the official target of 1.6%, according to calculations seen by
A joint investigation by Bellingcat and Lloyd’s List has identified Saudi Arabia as the latest country to import grain shipped directly from a Western-sanctioned port in occupied Crimea, underscoring Russia’s continued efforts
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Russia’s oil export revenues fell sharply in November, hitting their lowest monthly level since the Kremlin launched its full-scale invasion of Ukraine in 2022, according to new data released Thursday by the
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European Union leaders are exploring ways to lend tens of billions of euros to Ukraine using frozen Russian assets, as support from Washington diminishes and Kyiv faces potential funding shortages early next
More India’s imports of Russian crude oil are expected to fall to their lowest level in at least three years in December, trade and refining sources told Reuters, as refiners shift to alternatives
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Chinese and Indian banks and refineries—long key buyers of Russian crude—are beginning to adjust their operations in response to U.S. sanctions on Russia’s two largest oil companies, Lukoil and Rosneft, a U.S.
More India retained its position as the second-largest buyer of Russian crude oil in October, trailing only China, according to data from the European think tank, the Center for Research on Energy and
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Around 1.4 million barrels per day of Russian oil — nearly a third of the country’s seaborne export capacity — are currently being held in tankers as sanctions imposed by the United
More A liquefied natural gas tanker reportedly helping Russia bypass U.S. sanctions has been caught faking its location, according to satellite imagery analyzed by Bloomberg News. The CCH Gas vessel, registered to an
More India’s state-run refiners are exploring whether they can continue sourcing discounted Russian oil by turning to smaller suppliers, after the U.S. blacklisted major energy firms Rosneft PJSC and Lukoil PJSC last week,
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German Chancellor Friedrich Merz has expressed confidence that the United States will grant an exemption for the German subsidiary of Russia’s state-owned oil giant Rosneft from the latest round of US sanctions.
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