Oil Markets Boil Over as U.S. Sanctions Hit Russian Energy
Oil prices surged to their highest in over four months, fuelled by a new wave of U.S. sanctions targeting Russia’s energy sector. The measures have...
Tag: sanctions
Biden’s Last Hurrah: Sanctions Ramped Up as Trump Looms Large
As President Joe Biden’s administration prepares for its swan song, the focus has shifted to a final act of defiance against Vladimir Putin’s war chest....
American producers major beneficiaries of sanctions on Russian oil
The United States is the primary beneficiary of sanctions on Russian and Venezuelan oil. American oil exports have set five new monthly records since Western...
Russia and China strengthen their economic ties
Trade between Russia and China reached a record $240 billion in 2023. Russia’s eastern neighbour has become the supplier of everything from clothing to machinery...
The Boom in Oil Drilling in Russia Proves Moscow’s Resilience to Sanctions
Russia experienced a second year of record oil drilling in 2023, providing further evidence of the country’s resilience in the face of Western sanctions.The surge...
Westerms contradictions
At a time when a new source of misunderstanding is emerging between the Western world and the rest of the world concerning the crisis in...