Putin wants ‘unfriendly’ countries to pay for Russian gas in roubles

LONDON, March 23 (Reuters) – Russia will seek payment in roubles for gas sold to “unfriendly” countries, President Vladimir Putin said on Wednesday, and European gas prices soared on concerns the move would exacerbate the region’s energy crunch. European nations and the United States have imposed heavy sanctions on Russia since Moscow sent troops into … Read more

Oil set for weekly loss as supply remedies emerge

A general view shows a local oil refinery behind residential buildings in Omsk, Russia February 10, 2021. REUTERS/Alexey Malgavko Register now for FREE unlimited access to Reuters.com Register Market grappling with determining supply shortages from Russia Brent benchmark see-sawed in wide trading range this week OPEC nations stick to alliance with Russia LONDON, March 11 … Read more

Chelsea owner Abramovich and Rosneft boss Sechin hit by UK sanctions

UK sanctions seven more oligarchs it links to Kremlin Group includes Chelsea owner Abramovich Chelsea out put on hold, UK might sell club Trading suspended in Evraz shares LONDON, March 10 (Reuters) – Britain imposed sanctions on Chelsea soccer club owner Roman Abramovich and Igor Sechin, the chief executive of Russian oil giant Rosneft, hitting … Read more

Oil jittery as market weighs OPEC filling Russia supply gap

Industrial facilities of PCK Raffinerie oil refinery are pictured in Schwedt/Oder, Germany, March 8, 2022. The company receives crude oil from Russia via the ‘Friendship’ pipeline. REUTERS/Hannibal Hanschke Register now for FREE unlimited access to Reuters.com Register Brent, WTI trade in $4 to $5 ranges UAE officials give differing views on output plans US crude … Read more

U.S. may act alone to ban Russian oil imports, sources say

WASHINGTON, March 7 (Reuters) – The United States is willing to move ahead with a ban on Russian oil imports without the participation of allies in Europe, two people familiar with the matter told Reuters, in light of Russia’s invasion of Ukraine. President Joe Biden held a video conference call with the leaders of France, … Read more

U.S., European allies discuss banning imports of Russian oil

WASHINGTON, March 6 (Reuters) – The United States and European allies are exploring banning imports of Russian oil, US Secretary of State Antony Blinken said on Sunday, and the White House coordinated with key Congressional committees moving forward with their own ban. Europe relies on Russia for crude oil and natural gas but has become … Read more

Russia’s offer to foreign firms: stay, leave or hand over the keys

Customers shop at an IKEA store in Omsk, Russia, March 3, 2022. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com Register Sweeping Western sanctions create investor minefield SocGen warned it might be stripped of Russian assets Pirelli’s Russian plants continue, others seek exit Banks count the every changing cost of sanctions MOSCOW, March 4 … Read more

Ukraine and Russia agree on evacuation corridors as U.S. punishes oligarchs

Russian troops’ advance stalled outside Kyiv Refugee total exceeds 1 million – UNHCR Ukraine president says defense lines holding US and UK hit oligarchs with sanctions BORODYANKA/LVIV, Ukraine, March 3 (Reuters) – Russia and Ukraine agreed on Thursday to the need for humanitarian corridors to help civilians escape Moscow’s eight-day-old invasion, the first apparent progress … Read more

Russian column stalled for days outside Kyiv

Ukraine president says defense lines holding Moscow says it has seized Kherson, mayor says troops in streets UN votes overwhelmingly to censor Russia’s invasion Refugee total exceeds 1 million – UNHCR Kharkiv bombarded, Mariupol under siege BORODYANKA, Ukraine, March 3 (Reuters) – Russia’s invasion of Ukraine entered its second week on Thursday an apparent tactical … Read more

Russia pounds Ukrainian cities as advances stall, draws UN censure

Kherson would be biggest city yet captured by Russians Ukrainians say street battles are going on Russia bombards other cities as its advances stall Center of Kharkiv turned into bombed-out wasteland UN votes overwhelmingly to censor Russia’s invasion KYIV/KHARKIV, Ukraine, March 2 (Reuters) – Ukrainians said on Wednesday they were battling on in the port … Read more