Russia allows parallel imports into the country to beat the sanctions
The Russian Cabinet of Ministers has prepared the fourth package of proposals to improve the stability of the country's economy in the face of...
Europe cheats on sanctions, buy’s Russian Oil on the sly, but it pushes the crude price high
Western economic analysts are preoccupied with calculating how much fuss they have created by supporting Kyiv. It turned out that the sanctions announced to...
Saudi Arabia, Qatar, U.A.E. keep oil production stable, question the U.S. on regional conflicts
The three largest oil producers, Saudi Arabia, Qatar and the United Arab Emirates (U.A.E.), did not make concessions to the United States, which demanded...
How Biden plans to wean E.U. from Russian gas amid Putin’s ruble move
U.S. President Joe Biden announced on 25 March that an agreement had been reached with the E.U. on the supply of liquefied natural gas,...
Caspian Sea Pipeline damaged by a storm; oil prices set to rise further
One of the world's key oil producing routes, the Caspian Pipeline Consortium (CPC), has suspended oil loading at its Black Sea marine terminal near...