Chaos ruled the global oil market with top buyers of Russian oil struggling to secure guarantees at Western banks or find ships to take the crude from Russia, one of the world’s largest producers. As per four trading sources, at… Read More ›
Day: February 25, 2022
Britain unveils largest ever sanctions on Russia
British Prime Minister Boris Johnson has unveiled the country’s biggest-ever package of sanctions against Russia targeting banks, members of President Vladimir Putin’s closest circle and wealthy Russian Oligarchs. Many western nations are imposing tough economic sanctions against Russia in response… Read More ›
US Congress wants to provide $600M worth of weapons to Ukraine
In a statement U.S. House of Representatives Speaker Nancy Pelosi said US lawmakers want to provide “lethal defense weapons” worth $600 million to Ukraine to battle the Russian invasion. “What we’re doing with Ukraine is making sure that we have… Read More ›
US slaps additional sanctions against Russia
Following Russia’s invasion of Ukraine, the United States has imposed additional sanctions on Moscow targeting two of its biggest banks along with Russian Oligarchs and warned more economic actions could follow. Among the targeted banks were five major Russian banks,… Read More ›
Australia imposes more sanctions on Russia
On Friday, Australia imposed more sanctions on Russia targeting many of its elite citizens and lawmakers and termed China’s actions of easing trade restrictions on Moscow as being “unacceptable”. “We will work along with our partners for a rolling wave… Read More ›
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