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EUR/Ruble exchange rate. On 23 March 2022, Russian President Vladimir Putin announced payments for Russian pipeline gas would be switched from "currencies that had been compromised" (that is, US dollar and euro) to payments in roubles when the transaction involved a country formally designated "unfriendly" previously, which included all European Union states; on 28 March, he ordered the ...
(Bloomberg) -- European Union leaders agreed to pursue a partial ban on Russian oil, paving the way for a sixth package of sanctions to punish Russia and its president, Vladimir Putin, for the ...
Gas makes up roughly 15% of Switzerland's final energy consumption. Around half of this comes from Russia (via Germany). [63] Russia supplies only 0.3% of Swiss imports of crude oil. [55] Switzerland is also a major hub for Russian (and Ukrainian) grain and vegetable oil trading. [64]
Changes in the composition of seaborne diesel exports from Russia, 2022–2024. During and after Russian intervention in the Syrian civil war in 2015, sanctions have been used against Russian tankers by the United States, including product tankers Sudak (IMO:8943155) and Sig (IMO: 9735335), chemical tanker Stalingrad (IMO: 9690212) and the combined chemical and oil tankers Marshal Zhukov (IMO ...
The EU's sixth round of sanctions, if agreed by member states, would be a watershed for the world's largest trading bloc, which is dependent on Russian oil and gas and must find alternative ...
President Vladimir Putin said on Wednesday Russia was not using gas as a weapon and was ready to help ease Europe's energy crunch as the EU called an emergency summit to tackle skyrocketing prices.
Russia charged an export duty on oil products, in May 2023 Light Oil products was $4.2 per tonne (compared to $12.9 in December 2022), Naphtha duty was $7.9 and gasoline $4.3 per tonne. [19] From 1 January 2024 the export duty fell to zero as Russia changed the taxation system to add oil to the Mineral Extraction Tax regime. [20]
Putin said if “Kyiv and Western capitals” reject his offer, “it is their business, their political and moral responsibility for continuing the bloodshed.” The Kremlin has repeatedly aired its readiness for peace talks with Kyiv and blamed the West for undermining its efforts to end the conflict.