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US ‘cannibalizing Europe’ – Putin aide

The West is rapidly degrading, while the economies of Russia and the Global South are growing, Maksim Oreshkin says The US insistence on sanctioning Russia has caused a downturn in the EU economy, according to President Vladimir Putin’s top economic adviser, Maksim Oreshkin.

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Russia’s crude oil processing soars – Bloomberg

The country’s refineries have reportedly processed over 5 million barrels a day Oil processing has intensified in Russia, jumping in the past week to reach close to the highest daily refining runs in more than eight months, Bloomberg reported on Monday, citing sources.

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Shipping giant to resume Red Sea operations

Maersk previously halted cargo deliveries in the region following Houthi attacks on ships Danish shipping major AP Moller-Maersk plans to restart shipments through the Red Sea after a pause earlier this month, following attacks on vessels by Houthi rebels, the company announced on Sunday. According to a statement, Maersk expects the route to be more…

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