Tougher U.S. sanctions to curb Russian oil supply to China and India
Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs.
Why Biden’s Farewell Russian Oil Trade Sanctions Are a Big Deal
The US on Friday announced the most sweeping and aggressive sanctions yet on Russia’s oil trade, just ten days before Joe Biden leaves the White House to be replaced by Donald Trump as president. Most
Russia Says It Will Continue Oil and Gas Projects Despite US Sanctions
Russia's Foreign Ministry on Saturday denounced new U.S. sanctions against Moscow's energy sector as an attempt to harm Russia's economy at the risk of destabilising global markets and said the country would press on with large oil and gas projects.
US to impose sanctions on Russian oil fleet and traders, document shows
The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S. Treasury document circulating among traders in Europe and Asia that drove global oil prices 3% higher on Friday.
US tightens grip: New sanctions squeeze Russian oil trade
The White House has announced new sanctions against Russian oil companies, which are expected to cost Russia billions of dollars per month. The restrictions target Gazprom Neft and Surgutneftegas, as well as 183 ships involved in oil exports.
US escalates sanctions to cripple Russian oil sector
The White House has announced new sanctions against Russian oil companies, aimed at inflicting losses on Russia amounting to billions of dollars each month. The restrictions target Gazprom Neft and Surgutneftegaz,
Oil prices rally 3% as US hits Russian oil with tougher sanctions
Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the broadest U.S. sanctions package targeting Russian oil and gas revenue.
Biden administration sanctions Russia’s oil giants and tanker fleet
The Biden administration delivered a parting blow to Russia’s economy Friday, targeting two of its largest oil companies and 183 oil tankers in what a senior official called the “most significant sanctions yet against the Russian energy sector,
US, UK impose sweeping sanctions on Russia's oil industry
Fresh sanctions against the Russian energy sector include two of the largest oil companies. The sanctions also target Russia's "shadow fleet" of oil tankers.
Cfr.org10d
China, Russia, and Ukraine: December 2024
China and Russia are deepening energy ties, with natural gas exports exceeding contractual agreements. At the same time, in ...
Lessons learned from trying to thaw icy relations between rivals U.S and China
U.S. Ambassador Nicholas Burns described the relationship as contentious and deeply competitive, “and you can’t get around ...
MercoPress3d
With “energy cooperation”, Russia/China trade booming using Yuan/Rouble currencies
First-quarter bilateral trade totaled US$53.85 billion. China's shipments to Russia rose 47.1% to US$24.07 billion, while shipments from Russia were up 32.6% to US$29.77 billion Energy ...
中国日报网12d
China, Russia vow to foster cooperation, deepen ties
Xi voiced his readiness to maintain close exchanges with Putin and keep China-Russia cooperation on the right course. He also ...
scmp.com3d
Is a glut of phoney Russian goods too much for China’s consumers to bear?
Riding a wave of popularity brought on by stronger bilateral trade links and strained ... They have ample reason for concern: China does not permit the import of Russian sausage, and the harsh ...
Putin orders Russia's top bank to team up with China in AI push to challenge Western tech dominance
Sweeping Western sanctions against Russia have made AI chips a challenge to obtain.
How Russia’s Pivot To Asia Reshapes Global Energy
New research shows how Russia's pivot from Europe to Asia reshapes global energy markets, drives LNG competition, renewable ...
US urged to bolster Global South ties to counter China-Russia partnership
Washington must build up relations with 'global swing states' and offer a more 'affirmative and assertive' trade policy, say authors The US must strengthen relations with the Global South and increase ...