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The EU may be prepping to lend Ukraine up to $45 billion — with or without the US

The move comes after a plan to use profits from Russia's frozen funds to help Ukraine ran into road…

Hannah Abraham   


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3 mins read

A Russian warlord's new Cybertruck shows how Western sanctions are full of holes

Tesla doesn't ship Cybertrucks to Russia, but that doesn't seem to have stopped Chechen leader Ramz…

Hannah Abraham   


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Stock market today: US stocks end higher to hit a 4-month winning streak as soft landing hopes rise

Looking ahead, investors will be eagerly awaiting the August jobs report, due out next Friday. Expe…

Matthew Fox   


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Stock market today: US stocks rise on solid earnings and in-line inflation reading

Fitch Ratings said the PCE data was a "double dose of good news" for investors as inflation data fi…

Matthew Fox   


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The EU will push ahead with plans to use frozen Russian funds to aid Ukraine, despite US pushback

A G7 commitment to use profits from Russia's frozen funds is stalled as the US worries about EU san…

Filip De Mott   


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Russian economy may face more hardship as the EU looks to close sanctions loopholes

The EU is considering sanctions on countries that re-export banned products into Russia, the Financ…

Filip De Mott   


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Russia has managed to divert most oil exports from Europe to India and China, getting around sanctions, says a top official

Europe's share of Russian oil and petroleum exports has fallen to 4% to 5% from nearly half.

Huileng Tan   


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Russia's EU neighbors are banning Russian vehicles from entering their countries as the bloc toughens sanctions

In the last two weeks, Finland, Latvia, Estonia, Lithuania, and Poland have implemented entry bans …

Huileng Tan   


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Russian oil production could drop 18% by 2023 as the EU imposes a ban on all seaborne imports, the EIA says

Russian oil production is set to hit an 18-year low by the end of next year as the EU tightens its …

Zahra Tayeb   


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Russia's oil exports plunge on EU price cap and latest round of sanctions

Russia's oil exports have plunged on the latest round of sanctions, a sign the EU ban and the price…

Jennifer Sor   


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The US has proposed that the EU apply tariffs on Russian oil to limit price rises

The tariff would come into place before the EU bans Russian oil by the end of the year and would er…

Hamza Fareed Malik   


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Global powers are helping Ukraine by giving it money frozen from Russia. That spells bad news for companies still doing business there.

Companies that stayed in Russia after its 2022 invasion of Ukraine may have their assets seized if …

Filip De Mott   


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Russia's biggest oil company has slashed its production levels as sanctions bite, report says

Russian oil output has dropped since February, with state-owned Rosneft taking the brunt of the hit…

Harry Robertson   


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3 mins read

Zinya Salfiti   


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Ukraine has officially shut some Russian gas flow to Europe, marking the most direct impact to European energy markets so far in the war

The reduction in natural gas supply to Europe came after Ukraine halted flows from the key Sokhrano…

Huileng Tan   


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EU ditches ban on oil tankers that ship Russian crude to third countries, but keeps restrictions on insurers, report says

The EU has watered down its proposed sanctions on anyone that ships, finances, insures or moves Rus…

Amanda Cooper   


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The EU should seize Russia's currency reserves to fund the rebuilding of Ukraine, the bloc's leading diplomat says

The EU, the US and allies froze the bulk of Russia's more than $600 billion of foreign currency res…

Harry Robertson   


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The EU has a Russian gold ban in its sights as it hammers out its next round of sanctions: report

Russia is the world's second-largest gold miner, with $15.5 billion in annual exports, and the goal…

George Glover   


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A complete Russian gas cutoff would force Europe to slash consumption by up to 30%, says IEA chief

Earlier this month, Russia cut natural gas flows to Germany via the Nord Stream pipeline by 60%.

Brian Evans   


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Hungary says an EU ban on Russian oil would be a 'nuclear bomb' for its economy, as it derails embargo plans

Hungarian Prime Minister Viktor Orban is demanding the EU gives the country five years to pivot awa…

Harry Robertson