Business News
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28.03.20220 166
Timeline for major Caspian oil pipeline repair revealed
Russia sanctions banning parts delivery delay crude supplies to the US and EU © Getty Images Repairs to two of…
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28.03.20220 151
EU confirms date of its energy independence from Russia
Reliance on Russian gas won’t end until at least 2027 FILE PHOTO. © AFP / EMMANUEL DUNAND The European Commission…
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28.03.20220 139
Ruble flexes muscle as Russia trailblazes new economic path
Currency has soared by 50% since sanctions collapse © Sputnik / Max Zolotukhin The Russian currency has risen dramatically over the…
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28.03.20220 161
There is no substitute for Russian oil – UAE
Country provides critical supplies to global market, energy minister says © Getty Images / Vladimirovic The world’s energy markets need…
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28.03.20220 157
Bank of Russia explains why it kept its reserves abroad
Nothing could have been done to prevent the asset seizure, the regulator says © Getty Images / tiero Russia’s foreign…
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28.03.20220 142
G7 rejects Russian demand to pay for gas in rubles
Bloc sees payment switch as breach of current contracts © Getty Images / Peter Dazeley The Group of Seven major economies…
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28.03.20220 165
Japan reveals a problem with freezing Russian reserves
Tokyo has no legal right to seize foreign governments’ assets held in the country, according to its finance ministry © Getty…
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28.03.20220 181
Russia sets ruble gas payment deadline
President Putin says ‘unfriendly countries’ must switch to its currency by March 31 © Getty Images / Diy13 Russian President Vladimir…
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A mechanism bypassing the US dollar is expected to be operational this week © Getty Images / MicroStockHub A system allowing…
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27.03.20220 163
India bucks global trend of shunning Russian exports
New Delhi plans to double imports of Russian coking coal © AP / Gautam Dey India is planning to significantly increase…