The US Treasury Department has called on the G7 to tighten control over the Russian oil trade amid Moscow’s growing shipments, Axios reported on Wednesday, citing a memo. The G7 and EU countries imposed a price limit on Russian seaborne oil sales last year. The measure bans Western companies from providing insurance and other services…
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Defence Secretary Grant Shapps has said this is the reason why Western nations do not shoot down Russian missiles over Ukraine The West has no appetite for a direct military confrontation with Russia over Ukraine, UK Defenсe Secretary Grant Shapps has stated. He also suggested that Berlin is unwilling to provide its long-range missiles to…
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Nearly 62 million barrels of Russia’s flagship Urals crude oil, a record amount, are currently in tankers at sea, according to data from energy analytics firm Vortexa, as cited by Reuters. However, traders are reportedly struggling to find buyers for some of the cargo as EU countries fail to agree on a possible Russian oil…
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