Latest Russia Headlines

All the headlines from our Russia Topic Page, ordered by recency.

Insurers Still Unclear How G-7 Sanctions on Russian Crude Oil Cargoes Will Work

Oct 24 2022 // Just six weeks before European Union sanctions on Russian oil come into effect, insurers are still unclear as to exactly how they will work.At the heart of the uncertainty is a continued lack of detail surrounding US-led...

Russia Poised to Largely Circumvent G-7 Oil Price Cap, Insurance Restrictions

Oct 21 2022 // Russia can access enough tankers to ship most of its oil beyond the reach of a new G-7 price cap, industry players and a U.S. official told Reuters, underscoring the limits of the most ambitious plan yet to curb...

EU’s Sanctions Against Russia Could Deprive Some of World’s Tanker Fleet of Insurance

Oct 19 2022 // The European Union’s latest sanctions on Russian petroleum could end up depriving a swath of the world’s tanker fleet of industry standard insurance, a move that threatens to undermine US efforts to avert an...

ExxonMobil Exits Russia After Putin Expropriates Assets Valued at More Than $4 Billion

Oct 18 2022 // Exxon Mobil Corp. said on Monday that it left Russia completely after President Vladimir Putin expropriated its properties following seven months of discussions over an orderly transfer of its 30% stake in a major oil...

Russia Oil Exporter Rosneft Moves Into Tanker Chartering as Western Sanctions Loom

Oct 18 2022 // Russia’s biggest oil exporter Rosneft has expanded its tanker chartering business to ease oil shipments for buyers amid looming Western sanctions on insurance of Russian oil shipments, three sources familiar with the...

Exxon’s Russia Oil Output Collapsed After Rejection of Local Tanker Insurance: Sources

Oct 17 2022 // Oil output at the giant Exxon-led Sakhalin-1 Russian Pacific project collapsed following the U.S. major’s refusal to accept local insurance for tankers after Western insurers pulled out due to sanctions, several...

Norway Police Arrest 2nd Russian for Flying Drones, Amid Heightened Security

Oct 17 2022 // Norwegian police took into custody a 51-year-old Russian man on Friday after he was observed taking photos near Tromso airport, the second such occurrence in a week.The police took possession of a drone, a large amount of...

US Airport Websites Knocked Offline by Pro-Russia Hackers

Oct 12 2022 // A pro-Russian hacktivist group is claiming credit for a series of disruptions that temporarily knocked the websites of some US airports offline.The group, called Killnet, has engaged in a series of cyberattacks in recent...

EU’s Russia Oil Sanctions, Effective in December, Are Already Hitting Nation’s Trade

Oct 11 2022 // European Union sanctions on Russian oil might still be eight weeks away, but they’re hitting trade in the nation’s crude already.The bloc’s measures, including a ban on insuring tanker shipments, enter...

EU Proposes Exempting Maritime Pilot Services From Russia Oil Ban

Oct 3 2022 // The European Union proposed making so-called pilot services exempt from sanctions targeting the transfer of Russian oil that are set to kick in this year to punish Moscow for its invasion of Ukraine.The exception, which...

Russia May Start Providing Trade Finance to Importers of Its Grain: Agriculture Minister

Oct 3 2022 // Russia may start providing trade finance to importers of its grain as sanctions imposed on Moscow since it sent troops to Ukraine affect this financial instrument, Agriculture Minister Dmitry Patrushev said.Russia, the...

Russia Gas Pipelines Now Have Four Leaks, Blamed by Some on Sabotage

Sep 29 2022 // Another leak on the Nord Stream 1 and 2 natural gas pipelines in the Baltic Sea has been disclosed, bringing the total number of ruptures to four, according to the Swedish Coast Guard’s Command Center.Sweden’s...

EU Suspects Sabotage Is Cause of Leaks in Russia Gas Pipelines

Sep 28 2022 // Any deliberate disruption to the EU’s energy infrastructure would meet a “robust and united response,” its top diplomat said, after several states said two Russian pipelines to Europe that have been...

EU Weighs Ban on Shipping Russian Oil as Part of Price Cap

Sep 28 2022 // The European Union is considering adding shipping restrictions to its oil sanctions as the bloc continues to discuss the introduction of a price cap on Russian oil, according to people familiar with the matter.A shipping...

Gas Leaks in Russia-Europe Nord Stream Pipelines Raise Sabotage Fears

Sep 27 2022 // Europe was investigating leaks in two Russian gas pipelines that churned up the Baltic Sea with bubbles on Tuesday and raised concerns from Copenhagen to Moscow about sabotage on infrastructure at the heart of a European...

Deutsche Bank in $26.3M Shareholder Settlement Over Epstein, Russian Oligarch Ties

Sep 26 2022 // Deutsche Bank AG agreed to pay $26.25 million to settle a U.S. shareholder lawsuit accusing the German bank of lax oversight while doing business with risky, ultra-rich clients like Jeffrey Epstein and Russian...

Greek-Managed Vessel Shipped Coal From Russia Despite EU Sanctions

Sep 15 2022 // A vessel managed by a company based in Greece transported coal from a port in Russia late last month, after European Union sanctions on the commodity had come into force, according to maritime data reviewed by...

Montenegro Wrestles With Massive Cyberattack, Russia Blamed

Sep 14 2022 // At the government headquarters in NATO-member Montenegro, the computers are unplugged, the internet is switched off and the state’s main websites are down. The blackout comes amid a massive cyberattack against the...

G7’s Price Cap on Russia Oil Takes Shape but Will Russia Sidestep Insurance Rules?

Sep 12 2022 // The Group of Seven countries is working to cap the price of Russian oil in an attempt to limit Moscow’s ability to fund its invasion of Ukraine, a plan analysts say could work in the long term but might boost oil...

EU Plans Price Cap on Russian Gas as Putin Threatens to Halt All Supplies

Sep 7 2022 // BRUSSELS/VLADIVOSTOK, Russia – The European Union proposed a price cap on Russian gas on Wednesday hours after President Vladimir Putin threatened to halt all supplies if they took such a step, raising the risk of...