Latest Russia Headlines

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

Aging Shadow Fleet, Shipping Russian Oil, Poses Disaster Risk

Mar 27 2023 // The oil tanker Turba normally should have been melted down by now.The 26-year-old vessel hasn’t had a full inspection since 2017, according to a database dedicated to promoting safe shipping. It also lacks industry...

Japanese Shipping Firm Seeks Government Support for Russia Insurance Risk

Mar 23 2023 // Major Japanese shipping company Nippon Yusen KK is seeking a government guarantee to insure vessels at risk from Russia’s war in Ukraine.Conditions for getting war insurance for ships entering Russian territorial...

Russian Court Freezes Volkswagen Assets in Russia

Mar 21 2023 // A Russian court on Monday froze all Volkswagen assets in Russia, in the latest obstacle to the German carmaker’s year-long efforts to wind down its Russian operations.Volkswagen, along with other foreign carmakers,...

Microsoft Warns Russian Hackers May Plan More Attacks, Inside and Outside of Ukraine

Mar 17 2023 // Microsoft Corp. warned an infamous hacking group that is tied to Russia’s military intelligence agency GRU could be gearing up for more ransomware attacks both inside and outside of Ukraine.Microsoft calls the group...

Ukraine Rebuffs Russia’s Offer of 60-Day Extension on Grain Deal

Mar 14 2023 // Ukraine pushed back on Russia’s apparent offer to extend the landmark grain-export deal by just 60 days when it comes up for renewal later this week.Russian and United Nations officials held discussions in Geneva on...

Insurers Successfully Merge Lawsuits Brought by Lessors for Jets Confiscated in Russia

Mar 13 2023 // Insurers led by AIG succeeded in their attempt to merge several lawsuits brought by aircraft lessors over outstanding claims for jets that have been left out of reach in Russia.Judge Christopher John Butcher at...

Russian Cyberwar Against Ukraine Stumbles, Just Like Conventional One

Mar 9 2023 // Even before Russia invaded Ukraine, its hacking offensive was well under way.Suspected Russian hackers targeted Ukrainian government and financial websites with so-called distributed denial-of-service attacks aimed at...

Aircraft Lessor AerCap Says Russian Airlines Proposing Settlements for Stranded Jets

Mar 3 2023 // Aircraft lessor AerCap said on Thursday it had been approached by Russian airlines and their insurance companies about possible settlements for planes stranded after the Ukraine invasion but that it was unclear if any deal...

Russia Accuses West of ‘Shamelessly Burying’ Black Sea Grain Deal

Mar 2 2023 // Russian Foreign Minister Sergei Lavrov on Thursday accused the West of “shamelessly burying” the Black Sea grain initiative that facilitates the export of Ukraine’s agricultural products from its southern...

Russian Oil Is Being Stored in Ghana as Pool of Buyers Shrinks

Feb 27 2023 // A cargo of Russian oil is heading for storage tanks in Ghana, a nation that exports crude itself and is on the doorstep of two regional supply powerhouses.The development suggests that traders could be scouring the market...

Shipping Industry Intensifies Calls to Free Seafarers Still Trapped by Russia-Ukraine War

Feb 24 2023 // The global shipping industry is stepping up calls for the United Nations and aid groups to help evacuate hundreds of seafarers on more than 60 merchant vessels that are still stuck in Ukrainian ports a year after...

EU Sanctions Aim to Make Banks Report Frozen Russia Assets; Russia Reinsurer on List

Feb 16 2023 // The European Union is poised to force banks to report information on Russian Central Bank assets as part of the bloc’s latest sanctions package targeting Moscow for its war in Ukraine, according to draft proposals...

‘Shadow Fleet’ of Tankers Transporting Russian Oil Swells to 600 Ships: Trafigura

Feb 6 2023 // The “shadow fleet” of ships that transport Russian oil around the world has expanded to around 600 tankers, according to trading giant Trafigura.About 400 crude oil vessels, or 20% of the global fleet, have...

Factbox: Here Are Main Elements of New G7-Led Price Cap on Russian Oil Products

Feb 6 2023 // The Group of Seven rich nations, the European Union and Australia have set price caps for Russian diesel and other refined petroleum products to keep markets supplied while limiting Moscow’s revenues when an EU...

G-7 Nations, EU Agree to Price Caps on Russian Refined Oil Products

Feb 6 2023 // European Union countries agreed to set price caps on Russian refined oil products to limit Moscow’s funds for its invasion of Ukraine, the Swedish presidency of the EU said on Friday.EU diplomats said the price caps...

Denmark Raises Cyber Security Alert Level After Attacks From Russian Hacker Groups

Feb 1 2023 // Denmark on Tuesday raised its cyber security alert level from “medium” to “high” after several attacks by pro-Russian hacker groups in recent weeks, the country’s Centre for Cyber Security...

Western Tankers Ramp Up Russian Oil Shipments as Prices Remain Below G7 Price Cap

Feb 1 2023 // Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow’s flagship Urals grade held below an international price cap, according to market sources and Eikon data.The Group of...

EU Eyes $100/Barrel Cap on Russian Premium Oil Products in Next Round of Sanctions

Jan 27 2023 // The European Commission is proposing that the EU set a $100 per barrel price cap on premium Russian oil products like diesel and a $45 per barrel cap on discounted products like fuel oil, European Union officials said on...

Britain Sounds Alarm on Russia-Based Hacking Group

Jan 26 2023 // A Russia-based hacking group named Cold River is behind an expansive and ongoing information-gathering campaign that has struck various targets in government, politics, academia, defense, journalism, and activism, Britain...

Aircraft Leasing Companies Cautious About Risky Markets After $10B Hit in Russia

Jan 23 2023 // Aircraft leasing companies, which own most of the world’s passenger jets, face a tricky balance between risks and rewards after losing 400 planes in Russia, but have made no “knee-jerk” withdrawal from...