More: Russia
Attack on Russian Port Knocks 2% of Global Oil Supply Offline
Russia's Black Sea port of Novorossiysk has temporarily halted oil exports, which amount to 2.2 million barrels per day or 2% of global supply,...
“A Massive Threat”: Ukraine Reports Russia’s Plan for 120,000 Glide Bombs
Russia is planning to produce up to 120,000 glide bombs in 2023, including a new longer-range version that can reach more targets. This information...
Lukoil in Talks to Sell Off Foreign Assets
Lukoil, Russia's second-largest oil producer, reported that it is discussing the sale of its foreign assets due to recent sanctions from the UK and...
Russian De-Mining Effort Now Relies Heavily on North Korean Forces
Russia says North Korean troops who helped repel a major Ukrainian incursion into the western Kursk region are now central to de-mining operations across...
Ukrainian Drone Hits Russian Ship, Oil Depot, Homes in Novorossiysk
A Ukrainian drone strike early Friday damaged a docked vessel, residential buildings, and an oil depot in Novorossiysk, a key Russian Black Sea port...
Carlyle in Talks to Acquire Lukoil’s Foreign Assets
U. S. private equity firm Carlyle is considering buying foreign assets from Russian oil company Lukoil, which has been sanctioned by the U. S....
In Response to Drone Attacks, Russia Activates Reserve Oil Capacity
Russia's oil processing has only decreased by 3% this year despite significant drone attacks from Ukraine. These attacks have targeted oil refineries, depots, and...
EU Finance Ministers Back Plan to Use Frozen Russian Assets for Ukraine
European Union finance ministers have agreed that funding Ukraine through a reparations loan backed by frozen Russian assets is the most effective option among...
Russia’s Lavrov Urges U.S. Restraint, Warns Against Escalating Ukraine Conflict
Russian Foreign Minister Sergei Lavrov said he hoped Washington would avoid any actions that could further escalate the war in Ukraine, voicing cautious optimism...
Why the New START Extension May Not Work
Amid speculations about the fate of the New Strategic Arms Reduction Treaty (START) and the inevitable arms race linked to its failure, Russian President...