Home > Russia

Russia

Russian oil price cap put to the test

The price cap on Russian oil agreed by the EU, G7 and Australia came into force on Monday. It aims to restrict Russia's revenue as punishment for its invasion of Ukraine, while making sure Moscow keeps supplying the global market.

EU inches towards deal on Russian oil price cap this week

European Union countries are inching towards a deal this week on a price cap on Russian oil, a way to adjust the cap in future, and on linking it to a package of new sanctions against Moscow over its invasion of Ukraine, diplomats said on Tuesday.

Ukraine war casts shadow over APEC summit

The APEC summit caps an intense fortnight of diplomacy in Asia, following the G20 and a gathering of Association of Southeast Asian Nations leaders in Phnom Penh last week.

Why Putin is staying away from G20

The G20 gathering will inevitably be overshadowed by Moscow's offensive in Ukraine, which has shocked global energy markets and aggravated food shortages.