G7’s Russian oil price cap not working – FT

The price cap on Russian oil introduced by the G7 and EU is being completely ignored, as almost no seaborne crude cargos have been traded below the $60-a-barrel limit, the Financial Times reported on Tuesday, citing Western officials and Russian export data.

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Russia explains how Black Sea grain deal can be restarted

Moscow has reiterated that it would consider the resumption of Ukrainian exports if the UN delivers on its part of the bargain The now-defunct Black Sea Grain Initiative can still be revived if Moscow receives the sanctions relief that it was promised by the UN in the first place, Yury Ushakov, the foreign policy adviser…

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Kremlin responds to Crimea claim by ‘aggressive US hawk’

Washington’s support for Kiev’s strikes on the peninsula highlights its role in stoking global tensions, Putin’s spokesman said The US government’s public endorsement of Ukrainian attacks on Crimea shows the growing foreign policy gulf between Washington and Moscow, Kremlin Press Secretary Dmitry Peskov said on Sunday.

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