One of the world’s key crude routes, the Caspian Pipeline Consortium (CPC), suspended oil loading at its Black Sea marine terminal near Novorossiysk on Wednesday due to “critical” storm-caused damage to the equipment. Crude pumping has been reduced, with operations potentially fully halting in a day.
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The ruble has surged on Wednesday after the announcement that payments for gas exports to certain Western countries will be switched to Russia’s domestic currency. The Russian currency immediately rose to a three-week high of 95 rubles against the dollar, before settling below 100. It also gained 3.5% against the EU’s currency, trading at 110.5…
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The nation was perceived as the “most corrupt country in Europe” before Russia’s attack, the podcaster noted Maverick podcaster Joe Rogan has called out journalists in the US who are treating Ukrainian President Volodymyr Zelensky as a war hero since the Russian attack on the country. Previously, Ukraine was perceived in the West as a…
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