The Kremlin can now largely disregard the G7’s price cap on Russian oil exports, as the global benchmark price has fallen below $60 a barrel.
The Kremlin can now largely disregard the G7’s price cap on Russian oil exports, as the global benchmark price has fallen below $60 a barrel.
Russia’s sudden eagerness to engage with U.S. President Donald Trump’s efforts to end the war in Ukraine comes as no surprise. The Kremlin is desperate for the conflict to conclude,
Insurers have raised concerns that the price cap on Russian oil has become unenforceable, leading to an increase in ships joining a shadow fleet, thereby circumventing G7 sanctions aimed at
Russia has reportedly requested Kazakhstan’s assistance in supplying petrol, as Ukrainian attacks on Russian refineries have necessitated gasoline imports.