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Russia Defies Sanctions by Selling Oil Above Price Cap
Higher prices could bolster Moscow’s oil-export revenues, which last month dropped to just over half their level from a year ago. Source link
Russia Boosts Rates as Ukraine War Costs Mount
The full percentage point rise comes as a falling ruble, soaring wages and debt-fueled state spending reignite inflationary pressures. Source link
Why Russia Killed the Ukraine Grain Deal
Disrupting Ukrainian exports could help Russia get better prices for its own agricultural commodities. Source link
China Controls Minerals That Run The World
Beijing’s export restrictions on two minerals this week show it is willing to use its dominance to rock Western supply chains. Source link
Iran Floods Global Markets With Cheap Oil as Saudi Arabia Cuts Output
Iranian crude exports have hit a five-year high in recent months as the country ships more oil to China and other buyers. Source link
Saudi Arabia, U.A.E. Scoop Up Russian Oil Products at Steep Discounts
Despite U.S. objections, the Gulf countries are using the Russian products internally, including for consumption and refining purposes, and exporting their own barrels at market
U.S., U.K. Sanction Firms Tied to Russian Oligarch Alisher Usmanov
World Europe Russia Effort to sever Russian economy from global trade, finance continues Source link
King Dollar Still Looks Safe From the Yuan
Markets Heard on the Street Weaponizing the dollar creates incentives for change. But as an alternative, the yuan still has serious limitations. Source link
Microsoft to Pay $3 Million Over Russia Sanctions, Export Controls Violations
Risk & Compliance Journal The majority of the apparent violations involved blacklisted Russian companies or persons in the Crimea region of Ukraine, Treasury officials said