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Russia Oil Trade to China, India Stalls
Russian oil sales to China and India stall as sanctions increase costs, Reuters reports
Trade for March-loading Russian oil in China and India has stalled due to soaring shipping costs triggered by U.S. sanctions introduced on Jan. 10, Reuters reported on Jan. 28. The sanctions target nearly 200 vessels in Russia's "shadow fleet,
Buyers and ports in China and India steer clear of sanctioned tankers, stalling Russia’s oil trade
The latest U.S. sanctions on Russia’s oil and gas sector have raised the cost of chartering tankers not under restrictions so significantly that trade with China and India for delivery in March has stalled,
Russia oil trade to China, India stalls as sanctions drive up shipping costs
Trade for March-loading Russian oil in top buyer Asia has stalled as a wide price gap between buyers and sellers emerged in China after costs for chartering tankers unaffected by U.S. sanctions jumped,
Soaring Tanker Costs Stall Russian Oil Trade in Asia After US Sanctions
New U.S. sanctions on Russian oil exports have caused tanker rates to surge and trade to freeze as shippers scramble for non-sanctioned vessels.
US sanctions’ impact on Russian oil trade showing, Indian refiners seek more oil from Middle East
Industry officials maintain that enough oil supply is available in the global market and replacing the lost Russian oil volumes should not be difficult.
Russia defies US sanctions, sends sanctioned oil tankers to India
Russia has continued to send cargoes of crude oil to India on tankers that have been sanctioned by the US, Bloomberg reported on Tuesday. This situation presents a crucial test of Moscow’s ability to circumvent the stringent sanctions implemented by Washington earlier this month.
Sanctions tighten grip on Russian oil, pushing China and India away
As reported by Reuters, these sanctions have already had tangible effects. The main recipients of Russian oil, China and India, have suspended purchases from Russia because the de
China and India Halt Russian Oil Purchases for March – Reuters
China and India have suspended March purchases of Russian oil as U.S. sanctions drive up shipping costs, Reuters reported Tuesday, citing traders and shipping data. The U.S. Treasury Department earlier this month targeted 183 vessels,
EU bolsters sanctions on Russia
EU plans new Russia sanctions, targeting aluminum and gaming consoles
The European Commission has introduced a new set of proposed sanctions against Russia in response to its ongoing invasion of Ukraine, Reuters reported on Wednesday. This 16th package of sanctions includes significant economic measures aimed at further isolating Russia from international trade,
EU proposes bans on aluminium, video game consoles in new Russia sanctions
The European Commission proposed banning imports of Russian primary aluminium imports and restricting sales of video game consoles to Russia in a 16th package of sanctions over its invasion of Ukraine,
EU bolsters sanctions on Russia: Aluminium ban and swift cuts
The European Union is preparing another package of sanctions against Russia, which is expected to include further restrictions on banks being cut off from the SWIFT system. Additionally, discussion surrounds the targeting of another 70 ships from the so-called "shadow fleet" and imposing a ban on the import of Russian aluminium,
Chatham House
1d
The Trump administration’s sanctions policy could matter more than its use of tariffs
US use of sanctions has ballooned. Yet Venezuela shows the failure both of ‘maximum pressure’ tactics and attempts to ...
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US, Colombia reach deal on deportations; tariff, sanctions put on hold
The US and Colombia pulled back from the brink of a trade war after the White House said the South American nation had agreed ...
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Trump backs off trade threats after Colombia agrees to deportation flights
The nations spent much of the day in a tense standoff, with the U.S. president threatening tariffs and visa restrictions ...
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on MSN
Trump Team Readies Oil Sanctions Plan for Russia Deal, Iran Squeeze
Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine ...
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Colombia’s President Gustavo Petro buckles under Trump’s trade war threat — offers presidential plane for deportation flights
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on MSN
Colombia yields on US deportation flights to avert trade war
A looming trade war between the US and Colombia appears to have been averted after the Colombian government agreed to allow ...
Hosted on MSN
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Shadow Deals: How North Korean Arms Thrive Despite Sanctions
Despite facing international sanctions, North Korean arms maker Glocom is not only surviving but thriving. Glocom, known for ...
2d
Colombia avoids trade war with US as business community, citizens call for cooler heads
Colombia's President Gustavo Petro averted an economic disaster at the 11th hour after diplomats from his government and the ...
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