Page 267 - Russia

IOC no longer accepts Russian, Kazakh crude on FOB basis: Report

Indian Oil Corp will no longer accept cargoes of Russian crude oil and Kazakh CPC Blend cargoes on a free-on-board basis due to insurance risk

Oil soars as Russian energy supply fears intensify amid Western sanctions

Brent crude rose $2.65, or 2.7%, to $100.58 by 1255 GMT after touching a high of $105.07 a barrel in early trade

Wall Street set to slide as Western sanctions on Russia hit world markets

As an economic crisis loomed in Russia, the fallout of tougher sanctions from the West imposed over the weekend rippled out across financial markets

Crypto exchange Binance blocks Russian users targeted by sanctions

Since 2019, Binance has allowed users to deposit and withdraw Russian roubles via payments company Advcash

Western sanctions on Russia ripple across world markets, rouble tanks

As an economic crisis loomed in Russia, the fallout of tougher sanctions from the West imposed over the weekend rippled out across financial markets

Russian forces hit 1,114 Ukrainian military infrastructure targets

The Russian Armed Forces have hit 1,114 Ukrainian military infrastructure objects, Russian Defence Ministry spokesman Igor Konashenkov said on Monday

UK Treasury department imposes further economic sanctions on Russia

British people and businesses will be banned from making transactions with the Russian central bank, its finance ministry and its wealth fund

Exxon Mobil faces new pressure over dealings with Russia's Rosneft

Exxon holds a 30% stake, alongside Rosneft, Japan's SODECO and India's ONGC Videsh, in Sakhalin Island oil and gas fields in Russia's Far East

More than 5,000 Russian soldiers killed, claims Ukraine's defence ministry

Kiev's defence ministry claims that more than 5,000 Russian soldiers have been killed in the first four days of fighting in Ukraine, BBC reported.

Commodities up as Russia's nuke alert, West's sanctions spur supply worries

Oil, grains rise; aluminium at record high, nickel up on Russian supply worries, fears of food inflation as wheat, corn, edible oil prices rally

Oil prices soar as Western sanctions and pressures on Russia mount

Brent crude rose $4.16, or 4.3%, to $102.09, at 0915 after hitting a high of $105.07 a barrel in early trade

Ruble dives, global stocks sink as West tightens Russia sanctions

Russian's invasion of Ukraine has caused markets to swing wildly, given the potential impact on inflation, energy supplies and other economic repercussions

Ukraine conflict: HSBC orders staff to drop Russian banks VTB, VEB

HSBC has little direct exposure in Russia, with its CFO telling reporters last Tuesday it has around 200 employees and annual revenues of $15 mn there, a fraction of its global income of $50 bn

Ukraine conflict: BP exit opens new front in West's campaign against Russia

Companies with Russian assets under pressure; some Russian banks shut out from SWIFT; EU, Canada, Britain shut airspace to Russia

BP stock slides as Russia exit plan may result in $25-bn bill

BP is the biggest foreign investor in Russia, and its dramatic exit puts the spotlight on other Western companies with operations in the country amid an escalating crisis between the West and Moscow

Russia's Central Bank raises rate to help ruble amid Western sanctions

The bank's action follows the Western decision Sunday to freeze its hard currency reserves in an unprecedented move that could have devastating consequences for the country's financial stability

Palladium, gold prices climb as West cranks up sanctions on Russia

Spot gold climbed 1.1% to $1,909.16 per ounce, rising about 6% so far this month in what would be its best monthly gain since May 2021

Medical oxygen supplies in Ukraine may last only 24 hours, says WHO

Ukraine is suffering from dangerously low medical oxygen supplies due to the ongoing invasion by Russian forces, and may run out of it within 24 hours, warns the World Health Organization (WHO).

Ruble sinks 26% to 105.27 per dollar after SWIFT sanctions on Russian banks

The Russian currency dropped nearly 26% to 105.27 per dollar, down from about 84 per dollar late Friday

Arms, ammunition pouring into Ukraine; Russia broadens its offensive

Ukrainian President Volodymyr Zelensky had sought weapons and ammunition from the US and other countries in the fight against Russia.