Russian energy

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…

3 years ago

Germany’s half-a-trillion dollar energy bazooka may not be enough

Germany is bleeding cash to keep the lights on. Almost half a trillion dollars, and counting, since the Ukraine war…

3 years ago

Top European bankers warn on recession, China and U.S. banks

Deutsche Bank (DBKGn.DE) chief Christian Sewing, painting a bleaker assessment of the German economy, warned on Wednesday that China was a considerable…

3 years ago

Russian gas cut to Europe hits economic hopes, Ukraine reports attacks on coastal regions

Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have backed Ukraine,…

3 years ago