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Russia’s finance chief said Moscow is planning a new system for making foreign bond payments similar to the rubles-for-gas scheme in an effort to prevent…
Fresh off of the US targeting a series of companies involved in an Iran-linked oil smuggling network, the US has now seized an oil tanker…
This summer, power grids worldwide won't produce enough electricity to meet the soaring demand, threatening more than one billion people with rolling blackouts. Grids are…
Saudi Arabia has signaled its support for Russia as a continued member of the OPEC+ oil cartel, which comes amid ongoing Western pressure to sanction…
The conventional wisdom at this time is that most of the world has moved on from the pandemic (except for China); therefore, supply chains will…
Avery Vise, vice president, trucking for transport consultancy FTR, has some advice for owner-operators struggling with a massive spike in diesel fuel prices and plunging…
Finland and Sweden formally applied to join NATO on Wednesday in Brussels, driven by the Russia–Ukraine conflict to step out of their neutrality maintained during…
As we detailed yesterday, almost two months after Europe rushed to declare it would impose unprecedented sanctions on Russia in response to Putin's invasion of…
In fresh Monday comments, Turkish President Recep Tayyip Erdogan issued his firmest words of rejection yet concerning Finland and Sweden's announced bids to join NATO.…
Germany, which has long remained the largest buyer of Russian natural gas, has belatedly and bluntly stated as fact what's long been among its greatest…
According to draft proposals obtained by the Financial Times, the European Union is set to ease environmental regulations to replace Russian fossil fuels with renewable…
Adding to its prodigious losses - its shares have fallen more than 70% YTD - shares of electric carmaker Rivian continued to tumble on Monday…
Hungary's Prime Minister Viktor Orbán has again loudly expressed his country's firm rejection of the proposed EU ban on the import of all Russian oil…
Like the old saying goes: Hindsight is 20/20. That's especially true for financial markets and the Federal Reserve. So, while investors wait to see whether…
As part of the new 'imminent' sanctions on Russia - to include a phased ban on all Russian oil by the end of the year…
Whenever the trucking market slows, truck drivers look for someone to blame. Normally, a slowdown is just a function of supply and demand. The market…
NASA Administrator Bill Nelson criticized China for lacking transparency and willingness to cooperate with the US. Beijing has pushed for closer ties with Russia to…
The first shipments of Russian coal and crude oil, paid for in yuan, will arrive in China in April and May, respectively. Chinese state media…
Competition between the United States and China in the realms of electric and autonomous vehicles could determine the future control of global supply chains in…
Turkey has proven adept at maintaining neutrality in regards to the conflict between Russia and Ukraine. While Ankara has condemned Russia’s “special military operation,” it…