Reliance on Russia’s military offerings has become increasingly prevalent in parts of Africa, amid an aggressive push by Moscow to lessen Western influence on the continent.
Dodging the cap has increased the price Russia gets for its oil on global markets, sanctions experts say. The discount for Russian oil compared to international benchmark Brent crude has shrunk from as much as $35 per barrel to less than $10 per barrel. Russia has seen oil income hold up steadily and even rise.
The name is brilliant: ‘vintage tonnage’. It evokes 17th-century pirate vessels flying the skull-and-crossbones, 18th-century ships-of-the-line bristling with cannons, or even 19th-century clipper ships in full sail bringing tea to England and America.
Hold or fold? That is the dilemma facing the hundreds of Western companies still operating in Russia as Donald Trump returns to the White House with a promise to end the Ukraine conflict while Moscow's tougher exit conditions make it costlier to leave. Francis Maguire reports.
The “vintage tonnage” is the “shadow fleet” of second-hand oil tankers that were spared from the ship-breaking yards in 2022 because Russia lost its export market in Europe when it invaded Ukraine. There were plenty of potential customers for cut-price Russian oil in India and China, but no pipelines to get it there. It had to go by sea.
It evokes 17th-century pirate vessels flying the skull-and-crossbones, 18th century ships-of-the-line bristling with cannons, or even 19th-century clipper ships in full sail bringing tea to England and America.
The name is brilliant: "vintage tonnage". It evokes 17th-century pirate vessels flying the skull-and-crossbones, 18th-century ships-of-the-line bristling with cannons, or even 19th-century clipper ships in full sail bringing tea to England and America.
Another Indian national from Kerala, who was similarly recruited, has been injured and is receiving treatment in a hospital in Moscow," said the ministry of external affairs in a statement ...
Iran, Russia sign strategic treaty Move likely to worry West Both have suffered setbacks in Middle East Iranian drones used in Ukraine war MOSCOW, Jan 17 (Reuters) - Russian President Vladimir ...
An officer from the FSB counterintelligence department, Vladimir Feshchenko, was shot and killed in a building belonging to the Ministry of Defense in central Moscow – his body discovered early Tuesday morning, Jan. 14, Russian media reported.
We're not providing rolling coverage today, so here's a quick update on what's happened over the past 24 hours. The most significant development off the battlefield came during Sir Keir Starmer's ...
The US president-elect's comments coincide with Nato chief Mark Rutte‘s warning that Kyiv is not ready to enter peace talks with Moscow. Mr Rutte has urged allies to solidify Ukraine’s ...