Russia
Russia’s economy ‘stinks,’ Trump says, and lower oil prices will stop its war machine
(COMBO) This combination of pictures created on February 21, 2020 shows US President Donald Trump delivers remarks at a Keep America Great rally in Phoenix, Arizona, on February 19, 2020. Russian President Vladimir Putin delivers a speech during a ceremony in Jerusalem on January 23, 2020 commemorating the people of Leningrad during the Second World […]
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Trump says he will ‘substantially’ raise tariffs on India over Russian oil purchases
President Donald Trump said on Monday he will substantially raise tariffs on India over its purchases of Russian oil. “India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits. They don’t care how many people in Ukraine […]
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OPEC+ makes another large oil output hike in market share push
Vadimrysev | Istock | Getty Images OPEC+ agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated output hikes to regain market share, as concerns mount over potential supply disruptions linked to Russia. The move marks a full and early reversal of OPEC+’s largest […]
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India to maintain Russian oil imports despite Trump threats, government sources say
Russia’s President Vladimir Putin (R) speaks with India’s Prime Minister Narendra Modi (L) during a visit to the shipyard Zvezda, as Rosneft Russian oil giant chief Igor Sechin (C) accompanies them, outside the far-eastern Russian port of Vladivostok on September 4, 2019, ahead of the start of the Eastern Economic Forum hosted by Russia. Alexander […]
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Trump says he moved two nuclear submarines after Russia’s Medvedev warns U.S.
President Donald Trump on Friday said that he ordered two nuclear submarines “to be positioned in the appropriate regions” in response to warnings made to the United States by top Russian official Dmitry Medvedev earlier this week. “Based on the highly provocative statements of the Former President of Russia, Dmitry Medvedev, who is now the […]
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In photos: Evacuations ordered in Japan, Hawaii and Russia after powerful quake triggers tsunami warning
Evacuations were ordered across the Pacific Ocean after a magnitude 8.8 earthquake struck off Russia’s Far Eastern Kamchatka Peninsula on Wednesday. Tsunami waves over 3 meters high were recorded in the Russian Pacific town of Severo-Kurilsk, with some waves reaching up to 5 meters, Russia’s RIA Novosti news agency reported on Wednesday, citing emergency services. […]
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How Trump and trade wars pushed Russia and Ukraine into the cold
US President Donald Trump (R) and Russia’s President Vladimir Putin speak during their meeting on the sidelines of the G20 Summit in Hamburg, Germany, on July 7, 2017 Mikhail Klimentiev | AFP | Getty Images In heady times — and with trade wars dominating the news agenda — it’s easy to forget that Russia and […]
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EU lowers price cap for Russian crude under new sanctions package
Aerial view of a ship at sea. Suriyapong Thongsawang | Moment | Getty Images The European Union has reached an agreement on a new sanctions package against Russia, which includes a lower price cap for Moscow’s crude oil barrels. Within a year of Russia’s 2022 invasion of Ukraine, the G7 and EU restricted the price […]
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CNBC Daily Open: It’s refreshing to see tariffs used as a weapon for peace
U.S. President Donald Trump meets with NATO Secretary General Mark Rutte on the day of announcing a deal to get weapons to NATO, in the Oval Office at the White House on July 14, 2025. Nathan Howard | Reuters Here’s a tariff we can get behind. At a White House meeting on Monday with NATO’s […]
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CNBC Daily Open: Trump brandishes tariffs for peace, not a trade war
US President Donald Trump meets with NATO Secretary General Mark Rutte (L) in the Oval Office of the White House in Washington, DC on July 14, 2025. Andrew Caballero-Reynolds | AFP | Getty Images Here’s a tariff we can get behind. At a White House meeting on Monday with NATO’s secretary general, Mark Rutte, U.S. […]
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