You Searched For "russia sanctions" and got 20 results
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2 mins read
China's yuan will take over as Russia's main trade currency 'once and for all' as US sanctions get tighter, think tank says
Ruble volatility will get worse in Russia amid fresh US sanctions, but this offers a way for the Ch…
Filip De Mott
1 min read
Russia shuts down dollar and euro trading after sweeping US sanctions take aim at Moscow's financial lifelines
Russians were lining up at one lender that was still offering dollars after trade was restricted fo…
Filip De Mott
2 mins read
Russia saw its oil revenue double in April despite Western sanctions
Strong global demand and supply fears driven by geopolitical risks have helped bolster Russia's ene…
Yuheng Zhan
1 min read
China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings
China's yuan fell to its lowest value against the ruble in a year as holders eye the impact of sanc…
Jennifer Sor
1 min read
Russia's oil and gas revenue is reportedly set to boom 50% this month
Russia's oil and gas sales are on track to reach $9.4 billion in June, Reuters estimated.
Jennifer Sor
1 min read
Russia's biggest private lender is expanding to China after being hit by US sanctions
The bank, owned by the Russian oligarch Mikhail Fridman, is looking to build new offices in China B…
Jennifer Sor
1 min read
Russia is doubling down on its de-dollarization efforts as Putin calls to reduce use of 'toxic' currencies
Russia's use of "toxic" currencies has been slashed in half over the past year, Putin said.
Jennifer Sor
2 mins read
The US and the West are facing the blowback of sanctions against Russia, economist says
The US may have opened a "Pandora's box of unintended consequences" by imposing sanctions on Russia…
Jennifer Sor
2 mins read
The US expands sanctions against Russia-friendly institutions as Treasury chief Janet Yellen says the Kremlin is 'desperate' for outside help
The Kremlin is "desperate for access to the outside world," Janet Yellen said, announcing new sanct…
Filip De Mott
1 min read
Half of Russia's sanctioned oil tankers are now standing idle
Of the 50 tankers sanctioned by the US since October, 21 are now idle, no longer trading Russian cr…
Filip De Mott
2 mins read
Russia's biggest energy company says it'll take it at least 10 years to recover gas sales lost because of the Ukraine war
The gas giant's export volumes won't return to pre-war levels until at least 2035, a firm-commissio…
Filip De Mott
2 mins read
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
2 mins read
Russia’s energy trade with India could be strained amid fresh sanctions, report says
New restrictions on Moscow could mean higher freight costs and a lower discount on Russian crude, s…
Filip De Mott
2 mins read
Russia adopts Chinese yuan-to-ruble as benchmark exchange rate after US sanctions force a further move away from the dollar
Russia's central bank said on Thursday that the currencies from "friendly countries" and the ruble …
Huileng Tan
2 mins read
How China and Russia are reportedly using 'underground' channels to get around sanctions
Chinese firms that trade with Russia are seeking alternatives to official finance channels, as the …
Filip De Mott
1 min read
Russian energy giant Gazprom reported its first annual loss in 24 years amid Western sanctions
Sanctions and broader energy market factors weighed on profits. Shares of the energy giant saw thei…
Yuheng Zhan
2 mins read
The West is seeking to take back Russia's shadow fleet of oil tankers, sanctions official says
"What we want to do is force volumes back into the G7 fleet," sanctions official Olga Dimitrescu sa…
Filip De Mott
4 mins read
2 Yale researchers are pulling back the curtain on Russia's sanctions-stricken economy and it's landed them on a list of Putin's enemies
Russia's economy is in trouble, no matter how much the government tries to distort the facts, two Y…
Jennifer Sor
2 mins read
Iran's economy is a total mess after decades of sanctions — and offers a warning to Putin's Russia
Decades of Western sanctions have driven up inflation, government debt, and poverty rates in Iran. …
George Glover
1 min read
Russian oil flows are sidestepping sanctions and trading above the G-7 price cap all over the world
Bloomberg reported that Urals grade crude is selling at around $75 a barrel, exceeding the G7 natio…