Topic
russia
Trade Trump Says US Can ‘Soon’ Reimpose Russian Oil Sanctions After Strait of Hormuz Reopens
US President Donald Trump announced the US will soon reimpose sanctions on Russian oil shipments after crude flows resumed through the Strait of Hormuz following a deal with Iran. The remarks came at the G7 summit in France, where leaders discussed increasing pressure on Moscow over the Ukraine war.
Logistics UK sanctions four LNG carriers as first direct strike on Russia's shadow fleet
The UK has become the first country to directly sanction Russia's LNG shadow fleet, adding four elderly LNG carriers to a broader package of 27 tankers. The move targets vessels acquired from a Middle Eastern shipowner and now used in Russian LNG trades, with Windward estimating Russia's LNG shadow fleet at around 23 vessels. Compliance teams are advised to monitor ownership changes and trading patterns as Western jurisdictions align ahead of EU measures in 2027.
Logistics Sanctioned Sovcomflot LNG Carrier Completes Earliest Northern Sea Route Transit in Years
Sovcomflot's sanctioned LNG carrier Christophe de Margerie has completed the earliest eastbound Northern Sea Route transit in many years, entering the route at the end of May. The 174,000 cu m vessel carried LNG from Novatek's sanctioned Arctic projects, breaking ice almost a month earlier than previous transits. The voyage highlights Moscow's efforts to maintain Arctic gas flows to Asian buyers despite sanctions.
Commodities India in Talks with Russia-Linked Siberian Deposit to Source Rare Earth Samples: Report
According to a report from the Times of India, India is in discussions with a Russia-linked Siberian deposit to obtain rare earth samples. No further details on the deposit or the nature of the talks were provided in the source article.
Trade Mondelez CEO Defends Staying in Russia Despite Taxes Funding Ukraine War
Mondelez International, owner of Cadbury and Toblerone, defends its decision to remain in Russia following the 2022 invasion of Ukraine. CEO Dirk Van de Put says exiting would risk thousands of jobs and allow Kremlin seizure, even as the company's tax payments contribute to the war effort. The firm has generated $1bn-$1.4bn in annual Russian sales since the invasion and faces renewed pressure from UK politicians.
Technology Amnezia VPN Releases Critical Update to Counter Russia's New Protocol Fingerprint Blocking
Amnezia VPN released version 4.8.18.0 to fix a bug in its AmneziaWG protocol that was exploited by Russia's media regulator, Roskomnadzor, in a coordinated cyberattack. The update addresses a new blocking method that uses protocol fingerprints to identify and block VPN servers automatically, impacting Amnezia's Free and Premium services.
Technology India Pitches Quantum Computing Collaboration with Russia Under National Mission at BRICS Forum
India has proposed a quantum computing collaboration with Russia under its National Quantum Mission (NQM), as announced by Indian Ambassador to Russia Vinay Kumar at the BRICS Quantum Technologies forum in Moscow. The NQM aims to develop a complete quantum ecosystem, including quantum computers by 2031, with applications in drug discovery, cybersecurity, AI, and climate modeling. India's four IIT technology hubs in Chennai, Mumbai, Delhi, and Bengaluru will drive international cooperation.
Trade UK vows to phase out Russian diesel and jet fuel imports by new year
The UK government has committed to banning imports of diesel and jet fuel made from Russian oil by 1 January 2027, as part of its sanctions package following the war with Ukraine. The temporary licence for such imports will be reviewed every two weeks and could be revoked earlier. The move has drawn criticism from the EU and campaigners.
Trade BIMCO Develops Clause for Russia-Linked Tanker Sale Restrictions
BIMCO is drafting a standard clause for tanker sale agreements in response to EU sanctions targeting Russian involvement. The clause aims to ensure compliance with new obligations on EU sellers.
Technology Beeline's Whitelist VPN Restores Access to Netflix, Spotify in Russia
Beeline, a major Russian mobile provider, has launched a 'whitelist VPN' enabling access to Netflix and Spotify, bypassing Western boycotts. This service is free for Bee subscribers and complies with Russian regulations.
Technology European GPS Disruptions Linked to Russian Satellites
Research from the University of Texas and Stanford University suggests that Russian satellites are behind GPS interference in Europe. The study identifies the Russian satellite Kosmos 2546 as a potential source, raising concerns about electronic warfare.
Logistics Moscow's Shadow Fleet: A Secret Network of Watchmen
An investigation reveals a network of Russian watchmen aboard tankers carrying sanctioned oil, ensuring compliance and evasion of Western authorities. These individuals, often with military backgrounds, play a crucial role in Russia's shadow fleet operations.
Technology Russia's State VPN: A Solution or a Surveillance Tool?
Russia's media regulator, Roskomnadzor, proposes a state-owned VPN to counteract its own internet restrictions, sparking concerns over potential state surveillance. The move aims to restore access to essential developer platforms but is met with skepticism from the IT community.
Trade Ukraine Strikes Escalate Russia's Fuel Crisis
Ukraine's intensified drone strikes on Russian-occupied territories have exacerbated Russia's fuel crisis, disrupting supply lines and causing severe shortages in Crimea. The strikes have targeted key logistics routes, affecting both civilian and military supplies.
Trade Putin Denies Russia Profiting from Iran Oil Crisis
Russian President Vladimir Putin refutes claims that Russia is profiting from the Iran oil crisis, emphasizing the need for conflict resolution. He highlights Russia's commitment to long-term stability over short-term energy market gains.
Commodities Russia Admits Oil Production Decline Amid Ukrainian Attacks
Russia has admitted a decline in oil production due to Ukrainian drone attacks on refineries. This marks the first official acknowledgment of production issues in 2026.
Trade Putin Projects $100bn Trade with India, Lauds Modi
Russian President Vladimir Putin anticipates bilateral trade with India to reach $100 billion, emphasizing energy and investment cooperation. He praised India's economic growth under PM Modi's leadership.
Trade US May End Russian Oil Waivers Amid Global Energy Concerns
The US is considering ending sanction waivers on Russian oil imports, initially granted to stabilize global energy supplies. The decision, pending from the Department of Treasury, could affect countries like India that benefited from these waivers.
Trade Russia Halts Aviation Fuel Exports Until November 30
Russia has imposed a ban on aviation fuel exports until November 30, 2026, to stabilize its domestic market amid declining refinery outputs. This move could impact global fuel prices.
Trade France Intercepts Russian Tanker in Atlantic Sanctions Crackdown
France, with UK support, intercepted the Russian tanker Tagor in the Atlantic, enforcing EU sanctions. The operation underscores Europe's crackdown on Russia's shadow fleet.
Trade EU Considers Freeze on Russia Oil Price Cap Amid Iran Conflict
The European Union is contemplating a temporary freeze on its price cap for Russian oil due to the ongoing conflict in Iran. The current cap is set at $44.10 per barrel, with a review scheduled for July.
Trade India, EAEU Discuss Interim Trade Deal Amid Complex Talks
India and the Eurasian Economic Union (EAEU) are negotiating a limited interim trade deal, as confirmed by Russian Minister Maxim Reshetnikov. The discussions aim to establish a temporary free trade zone for specific goods, enhancing economic ties.
Trade India-Russia Forge Strategic Trade Ties in Key Sectors
India and Russia are strengthening their economic cooperation by focusing on strategic sectors such as energy, trade, and critical minerals. This initiative aims to foster long-term industrial and economic development.