Finnish President Sauli Niinistö reportedly plans to call his Russian counterpart, Vladimir Putin, to discuss the changed security situation in the region now that leaders in Helsinki have decided to join NATO. Niinistö commented on his planned outreach to Putin in an interview with Sweden’s TT news agency on Friday, …
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Ten more European gas buyers have opened accounts in Russia’s Gazprombank, Bloomberg reported on Thursday, citing sources close to Gazprom. That has doubled the total number of clients preparing to pay in rubles for Russian natural gas in compliance with Moscow’s demand. According to the sources, a total of 20 …
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The US has developed rules on sharing intelligence with Ukraine that would give Washington plausible deniability while providing Kiev with as much information as possible to attack the Russian military. This is according to the Washington Post, quoting unnamed officials on Wednesday, after days of media claims about the extent …
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Leonid Makarovich Kravchuk, the first president of the post-Soviet Ukraine, has passed away at the age of 88. Kravchuk died on Tuesday afternoon “after a long illness,” his family told the Ukrainian News Agency. The former president was hospitalized in June 2021 and placed in intensive care after heart surgery. …
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The US asked Brazil in March to increase its crude oil output to curb soaring prices amid international sanctions against Russia, but Brazil refused, Reuters reported on Tuesday. US government officials approached Brazil’s state-run oil company Petrobras, the outlet quoted its sources as saying, as crude prices started to rise …
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Germany and Qatar have failed to reach an agreement regarding long-term liquefied natural gas (LNG) supply contracts, Reuters reported on Tuesday, citing people close to the talks. According to the outlet, Berlin will not agree to Qatar’s demand to sign deals for a duration of at least 20 years. Despite …
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Germany has been busy working on emergency measures to help the country cope in case of an abrupt stop to Russian natural gas flows, Reuters reported on Tuesday, citing government sources. According to the outlet, the package of proposed measures includes providing further loans to energy firms from German state …
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Brussels has opted to cancel plans to prohibit EU member-owned ships from moving Russian crude oil to third-party countries, documents seen by Bloomberg showed. However, a ban on insuring Russian tankers is reportedly still being reviewed. If passed, this could represent an effective barrier to exports of oil from the …
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Indian refining giant Reliance Industries has shelved plans for repair operations at the world’s biggest oil refining complex as the company is striving to churn out more oil products since the margins on them have recently surged to three-year highs, Bloomberg reports. The company has been purchasing discounted cargoes of …
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Russian journalists have claimed that they were denied press accreditation to the Cannes Film Festival, and festival organizers have said only outlets in line with their “position concerning the situation in Ukraine” will be allowed to come to the upcoming event. In an article published by The Wrap on Sunday, …
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