An embargo on used car deliveries to Russia would harm Japanese businesses if the G7 follows through with plans for more stringent sanctions, the Kyodo news agency reported on Friday.    While exports of luxury cars to Russia have been barred by Western restrictions, supplies of secondhand vehicles have thus far gone unsanctioned. Last year,…

The two sides expressed “satisfaction” with the cooperation aimed at “ensuring global oil market stability” Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman held a phone conversation on Friday, the Kremlin press service has said. The two leaders discussed various issues, ranging from cooperation in the oil market to efforts in resolving…

Sanctions on Russia have had a major negative impact on the world economy, spokesman Dmitry Peskov has said Sanctions imposed on Russia are pushing the global economy closer towards a major crisis, Kremlin spokesman Dmitry Peskov claimed on Friday. The official was commenting on reports that G7 members are considering a near-total ban on exports…