Vladimir Putin
These charts show how Russia’s invasion of Ukraine has changed global oil flows
European Union leaders reached an agreement this week to ban the majority of Russian crude oil and petroleum product imports, but nations were already shunning the country’s oil, altering global flows for the commodity that powers the world. Russian oil exports had already been hurt by some EU members acting preemptively in anticipation of potential […]
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Oil prices jump after EU leaders agree to ban most Russian crude imports
EU leaders reached an agreement to ban 90% of Russian crude by the end of 2022. Joe Klamar | Afp | Getty Images Oil prices jumped after EU leaders reached an agreement late Monday to ban 90% of Russian crude by the end of the year. During Asia hours on Tuesday, U.S. crude futures were […]
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EU to discuss watered-down oil embargo on Russia as Hungary holds firm
Oil prices rose as traders closely monitored the prospect of the EU agreeing to impose a ban on Russian oil imports. Attila Kisbenedek | Afp | Getty Images The European Union on Monday will continue to work toward an agreement to embargo Russian oil after attempts to do so on Sunday failed. The talks are […]
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Op-ed: After Davos, going ‘long’ on optimism in an anxious world
DAVOS, SWITZERLAND – A hedge fund investor told me she attends the World Economic Forum each year “so that I’ll know what to short.” In a world awash with geopolitical and economic pessimism, the dominant mood at this year’s Davos, her argument is that it might be time to go “long” on optimism. One can […]
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Zelenskyy says conditions in Donbas are ‘indescribably difficult’; Russian forces target Severodonetsk
Putin is inflicting ‘unspeakable suffering’ on Ukrainians in a bid to capture Severodonetsk, think tank says A man walks in front of a destroyed school in the city of Bakhmut, in the eastern Ukrainian region of Donbas on May 28, 2022. Aris Messinis | Afp | Getty Images The Institute for the Study of War, […]
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‘Hypocrisy,’ ‘naivety’ and ‘greed’: Europe chided for failing to stop Putin’s war
DAVOS, Switzerland — The European Union failed to counter Russian President Vladimir Putin and needs to now strike flexible alliances across the world and search for new friends, current and former leaders told CNBC on a panel at the World Economic Forum. “We are too Euro-centric on this crisis, in the sense we think this […]
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George Soros says Russia’s gas storage is almost full — and Europe should hold its nerve
Russian President Vladimir Putin delivers a speech during a ceremony honouring the country’s Olympians and Paralympians at the Kremlin in Moscow, Russia April 26, 2022. Maxim Shemetov | Reuters DAVOS, Switzerland — Russian President Vladimir Putin’s bargaining position is “not as strong as he pretends” and Europe has leverage against him, according to billionaire investor […]
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Biden tops list of Americans banned from traveling to Russia, but Trump is not on it
President Donald Trump and Russian President Vladimir Putin arrive for a joint news conference after their meeting in Helsinki, July 16, 2018. Grigory Dukor | Reuters President Joe Biden made Russia’s “blacklist” but former President Donald Trump didn’t. Russia’s Foreign Affairs Ministry on Saturday released an updated list of nearly 1,000 Americans permanently barred from […]
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Elon Musk visits Brazil to discuss Amazon with Bolsonaro
Brazil’s president Jair Bolsonaro gestures as he arrives at a hotel to participate in a news conference about the Amazon rainforest and to meet with Elon Musk, according to ministers, in Porto Feliz, Sao Paulo state, Brazil May 20, 2022. Amanda Perobelli | Reuters Elon Musk traveled to Brazil on Friday to discuss projects to […]
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Russia will shut off gas to Finland from Saturday, Finnish energy provider says
A drilling rig at a gas processing facility, operated by Gazprom. Maxim Shemetov | Reuters Russia may have just made its first retaliatory move against Finland after lawmakers in Helsinki officially applied to join the military alliance NATO. Gasum, Finland’s state-owned gas wholesaler, said in a statement Friday morning that natural gas imports from Russia […]
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