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EU rejects ban on shipping Russian crude — media

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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Poland responds to attack on Russian envoy in Warsaw

Polish Interior Minister Mariusz Kaminski has said that the pro-Ukraine protesters who threw red liquid at Sergey Andreyev, Russia’s ambassador to the country, in Warsaw had legitimate reasons to be angry at him.  Andreyev was attacked as he was about to lay flowers in honor of fallen Red Army soldiers …

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India strives to cash in on cheap Russian crude – media

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 ambassador attacked in Warsaw

Russia’s ambassador to Poland, Sergey Andreyev, has been doused in red paint at a wreath-laying ceremony in Warsaw on Monday. The diplomat was attacked while honoring the Red Army soldiers who died during World War II. A video from the event shows Andreyev surrounded by a group of protesters with Ukrainian …

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Top EU diplomat wants to see frozen Russian assets seized

EU foreign policy chief Josep Borrell, citing the precedent with the Afghan central bank’s assets worth billions, suggested seizing frozen Russian foreign exchange reserves and using them to cover the costs of rebuilding Ukraine once the military conflict is over. In an interview with FT published on Monday, Borrell said …

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Cannes Film Festival bans Russian journalists – media

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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German industry reels from anti-Russian sanctions

German industrial production dropped more than expected in March, data released on Friday by the country’s statistics office shows. According to Destatis, Covid-related supply chain issues have been exacerbated by the conflict in Ukraine. Production slid by 3.9% last month following a 0.1% increase in February, far outstripping expectations of …

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Country blocking EU ban on Russian oil revealed – media

EU ambassadors have so far failed to reach an agreement on a new package of sanctions against Russia, as Hungary continues to oppose a ban on Russian oil imports, Bloomberg reported on Sunday, citing sources familiar with the talks. The EU has already come up with five rounds of sanctions, …

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UEFA boss laments sanctions against Russian footballers

UEFA president Aleksander Ceferi says that he regrets the actions that he feels European football’s governing body was forced to take against Russian football, but says that they had to do their part to end the “craziness” as soon as possible. Russian football has been blacklisted by several major sporting federations …

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