Pakistan is unlikely to meet a target for Russian crude to make up two-thirds of its oil imports, despite attractive prices, hampered by a shortage of foreign currency and limitations at its refineries and ports, officials and analysts say.The…
Russian air strikes on Ukrainian grain facilities on the Danube this week threaten a vital river route for Kyiv's exports, as Moscow seeks to tighten the noose around a key sector of the economy days after abandoning the Black Sea shipping deal…
Russia destroyed Ukrainian grain warehouses on the Danube River in a drone attack on Monday, targeting a vital export route for Kyiv in an expanding air campaign that Moscow began last week after quitting the Black Sea grain deal.Last week's…
A deal allowing Ukraine to export grain via the Black Sea will expire at the end of Monday after Russia said it will suspend its participation.The deal, brokered by the United Nations and Turkey last July, aimed to alleviate a global food crisis…
Russia refused on Monday to extend the agreement that has enabled Ukraine to export grain from its Black Sea ports for the past year, complaining that promises to free up its own shipments of food and fertilisers had not been kept.Russia's Foreign Ministry said it had notified Ukraine…
The European Commission is helping the United Nations and Turkey try to extend a deal allowing the Black Sea export of Ukraine grain and is open to 'explore all solutions,' a European Union spokesperson said on Thursday, ahead of the deal's possible expiration on Monday…
U.N. Secretary-General Antonio Guterres has proposed to Russian President Vladimir Putin that he extend a deal allowing the safe Black Sea export of grain from Ukraine in return for connecting a subsidiary of Russia's agricultural bank to the SWIFT international payment system…
The European Union is considering a proposal for the Russian Agricultural Bank to set up a subsidiary to reconnect to the global financial network as a sop to Moscow, the Financial Times said on Monday.With the bank under sanctions, the move…
Russia's seaborne oil exports from Primorsk, Ust-Luga and Novorossiisk hit 4-year record of 2.4 million barrels per day (bpd) in May as domestic refineries maintenance season freed up extra barrels, Refinitiv Eikon data showed on Monday.Russia's…
Oil loadings from Russia's key western ports in April will rise to the highest level since 2019, above 2.4 million barrels per day (bpd) despite Moscow's pledge to cut output, trading and shipping sources said.Russian crude exports and transit from the ports of Primorsk…
Russia on Thursday said there would be no extension of the UN-brokered Black Sea grain deal beyond May 18 unless the West removed a series of obstacles to the export of Russian grain and fertilizer.The Ukraine grain Black Sea export deal was…
“On Friday February 24, 2023, one year has passed since Russia’s invasion of Ukraine. During that year, dry bulk exports from Ukraine have dropped 77.8% compared to the same period a year earlier, causing a decline in global dry bulk volumes…
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 Seven nations (G7), Australia…
An Iranian-flagged tanker seized by Greece in April, part of whose cargo was confiscated by the United States, was being towed to the port of Piraeus on Saturday, Greek coast guard officials said, after Greek authorities approved its release…
Norway and the rest of Europe should close their sea ports to Russian ships, Ukrainian President Volodymyr Zelenskiy told the Norwegian parliament on Wednesday.'The European Union, and I do hope so Norway, need to introduce the ban on Russian…
