Lost Russian oil revenue is bonanza for shippers, refiners
Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars towards shipping and refining firms, some with Russian connections.
Analysis: G7 Russian oil price cap evolves from revenue squeeze to market anchor
When U.S. officials first floated the idea of capping Russian oil export prices in response to a planned European embargo in March, they pledged to squeeze revenues to Russia’s war machine, while avoiding a devastating oil price spike.
The real threat to Chad’s military rulers: unemployed youth
When Neldjibaye Madjissem graduated with a mathematics degree in 2015, he began searching for work as a school teacher. Six years on, he is still looking – and is angry. The 31-year-old blames Chad’s government for lack of work, mismanagement of oil revenues and corruption. No wonder people are protesting on the streets in their […]
