Russian troops withdraw from several settlements in Ukraine – media

The retreat from Izyum and Kupyansk took place amid a Ukrainian offensive, Russian military correspondents say The Russian military and allied forces of the People’s Republics of Donetsk and Lugansk were ordered to leave the city of Izyum on Saturday, several reporters deployed in the conflict zone have said.

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US to sanction buyers of Russian oil who pay above price cap – US Treasury

Washington has published guidance on the price cap, but its level remains unknown US companies will be allowed to buy seaborne Russian oil if they adhere to the price ceiling agreed by allied countries, the US Treasury’s Office of Foreign Assets Control (OFAC) said in preliminary guidance published on Friday.

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China boosts exports to Russia

Chinese exports to Russia soared in August despite Western sanctions targeting the Russian economy, the news outlet RBK reported this week, citing official Chinese customs data. According to the report, shipments from China to Russia last month reached roughly $7.9 billion, an increase of 26.7% from last August ($6.3 billion). China’s General Administration of Customs…

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