A cessation of hostilities in Ukraine ordered by President Vladimir Putin on the eve of Orthodox Christmas took effect on Friday morning. Russia intends to observe the truce for 36 hours, from 12:00 local time on January 6 until midnight on January 7.
International deliveries jumped to the highest monthly total ever in November 2022, the news outlet reports, citing customs data Electric car exports from China nearly tripled in November, driven largely by orders from Europe, Bloomberg reported, citing customs data.
Traditionally Europe-bound Arctic oil grades are now heading East, Reuters reports India and China have stepped up purchases of Russian Arctic oil grades following Western sanctions on Russian crude, Reuters reported on Thursday, citing traders and vessel-tracking data from Refinitiv. The EU, G7 nations and Australia introduced a price cap on Russian oil late last…