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
Oil jumps on expectations new US sanctions to cut Russian supply
Oil prices extended gains for a third session on Monday, with Brent rising above $81 a barrel to its highest in more than four months, as wider U.S. sanctions are expected to affect Russian crude exports to top buyers China and India.
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.
India to Rely on Middle Eastern Oil Amid Tougher US Sanctions on Russia
India's oil import strategy is set for a major overhaul as the latest US sanctions on Russian producers and vessels threaten to disrupt supply lines. With nearly 36% of India's total oil imports coming from Russia last year,
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.
Oil hits more than 3-month high as US sanctions hit Russia exports
Oil prices hit their highest level in more than three months on Monday's open, extending their rally on expectations that wider U.S. sanctions will affect Russian crude supplies to the world's top and third largest importers China and India.
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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 ...
MercoPress4d
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 ...