US Treasury explains how G7 will target Russian oil

The G7’s upcoming anti-Russia sanctions will target oil and petrochemicals in three phases, senior US Treasury official Ben Harris told the Argus European Crude Conference in Geneva on Tuesday. According to Harris, as cited by Reuters, the sanctions will tackle Russian crude oil, then focus on diesel, and finally lower value products such as naphtha.…

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Ukraine must seek ceasefire with Russia now – ex-presidential aide

Gridlock in the US Congress may spell doom for Western campaign to support Kiev, Oleg Soskin has explained Ukraine should hasten to end hostilities with Russia before the flow of American military and financial aid to the country dries up, a former aide to two Ukrainian presidents has said.

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Sanctions against Moscow hurt vulnerable nations – minister

The accelerating inflation in most developed nations has come as a result of the irresponsible actions of Western financial authorities during the pandemic, worsened by a sanctions campaign against Moscow, according to Russia’s Minister of Finance Anton Siluanov.

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