Russias

Analysis: Russia's G7 oil price ceiling moves from revenue squeeze to market anchor

Analysis: Russia’s G7 oil price ceiling moves from revenue squeeze to market anchor

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WASHINGTON, Dec 6 (Reuters) – When U.S. officials first floated the idea of ​​capping Russian oil export prices in response to a planned European embargo in March, they pledged to cut revenue of the Russian war machine, while avoiding a devastating spike in oil prices. But keeping Russian oil on the market and global prices …

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Western sanctions are catching up with Russia's wartime economy

Western sanctions are catching up with Russia’s wartime economy

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Comment this story Comment When Russian President Vladimir Putin launched a new supply coordination council for the Russian military last month, he seemed to recognize the scale of the economic problems facing the country, and his sense of urgency was palpable. “We need to be quicker to decide on the issues related to the supply …

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Russo-Ukrainian war: Talks to curb Russia's stagnant oil revenue as European diplomats bicker

Russo-Ukrainian war: Talks to curb Russia’s stagnant oil revenue as European diplomats bicker

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Pope Francis at the Vatican on Wednesday.Credit…Yara Nardi/Reuters Pope Francis on Wednesday compared the war in Ukraine to the “terrible Holodomor genocide” of the 1930s, when the policies of Soviet dictator Josef Stalin caused a devastating famine in Ukraine. The pontiff’s comparison between Moscow’s attacks on civilian targets in Ukraine and Stalin’s decision to starve …

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