Latest Russia Headlines
All the headlines from our Russia Topic Page, ordered by recency.
Shipping Industry Intensifies Calls to Free Seafarers Still Trapped by Russia-Ukraine War
Feb 24 2023 // The global shipping industry is stepping up calls for the United Nations and aid groups to help evacuate hundreds of seafarers on more than 60 merchant vessels that are still stuck in Ukrainian ports a year after...
EU Sanctions Aim to Make Banks Report Frozen Russia Assets; Russia Reinsurer on List
Feb 16 2023 // The European Union is poised to force banks to report information on Russian Central Bank assets as part of the bloc’s latest sanctions package targeting Moscow for its war in Ukraine, according to draft proposals...
‘Shadow Fleet’ of Tankers Transporting Russian Oil Swells to 600 Ships: Trafigura
Feb 6 2023 // The “shadow fleet” of ships that transport Russian oil around the world has expanded to around 600 tankers, according to trading giant Trafigura. About 400 crude oil vessels, or 20% of the global fleet, have...
Factbox: Here Are Main Elements of New G7-Led Price Cap on Russian Oil Products
Feb 6 2023 // The Group of Seven rich nations, the European Union and Australia have set price caps for Russian diesel and other refined petroleum products to keep markets supplied while limiting Moscow’s revenues when an EU...
G-7 Nations, EU Agree to Price Caps on Russian Refined Oil Products
Feb 6 2023 // European Union countries agreed to set price caps on Russian refined oil products to limit Moscow’s funds for its invasion of Ukraine, the Swedish presidency of the EU said on Friday. EU diplomats said the price caps...
Denmark Raises Cyber Security Alert Level After Attacks From Russian Hacker Groups
Feb 1 2023 // Denmark on Tuesday raised its cyber security alert level from “medium” to “high” after several attacks by pro-Russian hacker groups in recent weeks, the country’s Centre for Cyber Security...
Western Tankers Ramp Up Russian Oil Shipments as Prices Remain Below G7 Price Cap
Feb 1 2023 // Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow’s flagship Urals grade held below an international price cap, according to market sources and Eikon data. The Group of...
EU Eyes $100/Barrel Cap on Russian Premium Oil Products in Next Round of Sanctions
Jan 27 2023 // The European Commission is proposing that the EU set a $100 per barrel price cap on premium Russian oil products like diesel and a $45 per barrel cap on discounted products like fuel oil, European Union officials said on...
Britain Sounds Alarm on Russia-Based Hacking Group
Jan 26 2023 // A Russia-based hacking group named Cold River is behind an expansive and ongoing information-gathering campaign that has struck various targets in government, politics, academia, defense, journalism, and activism, Britain...
Aircraft Leasing Companies Cautious About Risky Markets After $10B Hit in Russia
Jan 23 2023 // Aircraft leasing companies, which own most of the world’s passenger jets, face a tricky balance between risks and rewards after losing 400 planes in Russia, but have made no “knee-jerk” withdrawal from...
Russia Criticizes Reuters Story on Russian Hackers Targeting U.S. Nuclear Scientists
Jan 13 2023 // Russia’s Foreign Ministry on Thursday criticized Reuters for spreading what it said was poorly sourced anti-Russian propaganda with a story about a Russian hacking team which targeted three nuclear research...
Ransomware Group With Links in Russia Behind Royal Mail Incident
Jan 12 2023 // A cyber incident that led to severe disruption to Royal Mail’s international export services was caused by Lockbit, a ransomware group that some cybersecurity experts say has members in Russia, Britain’s...
Russia’s Flagship Oil Sells at Half Global Prices, Below G7 Imposed Cap
Jan 9 2023 // Russia’s flagship oil is selling at less than half international prices — and way below a Group of Seven imposed cap — following sanctions targeting the Kremlin’s revenue from petroleum sales. The...
Russian Hackers Targeted U.S. Nuclear Scientists
Jan 6 2023 // A Russian hacking team known as Cold River targeted three nuclear research laboratories in the United States this past summer, according to internet records reviewed by Reuters and five cybersecurity experts. Between...
Japan Insurers to Maintain Cover for LNG Vessels in Russian Waters
Dec 30 2022 // Japanese insurers are expected to maintain marine war insurance, which covers the sinking and requisition of ships due to war in Russian waters for at least three months for liquefied natural gas (LNG) vessels, industry...
How Will Japan Secure Shipping Insurance for Imports of Russian LNG?
Dec 29 2022 // Japan, the world’s top liquefied natural gas (LNG) importer, is facing its latest challenge in securing vital gas supplies from Russia after Western reinsurers said they would halt marine war insurance for ships...
Ship Insurers’ Exodus From Russia-Ukraine Risks Gathers Momentum
Dec 29 2022 // A host of shipping insurers altered their policies for 2023 to exclude claims linked to Russia’s war in Ukraine, a further sign of the industry’s growing concerns about losses stemming from the conflict. At...
Putin Bans Russian Oil Exports to Countries Implementing Sanctions-Related Price Cap
Dec 28 2022 // President Vladimir Putin on Tuesday delivered Russia’s long-awaited response to a Western price cap, signing a decree that bans the supply of crude oil and oil products from Feb. 1 for five months to nations that...
Ship Insurers to Cancel War Risk Cover for Russia, Ukraine Following Reinsurer Exit
Dec 28 2022 // Ship insurers said they are canceling war risk cover across Russia, Ukraine and Belarus, following an exit from the region by reinsurers in the face of steep losses. Reinsurers, who insure the insurers, typically renew...
Russian Airlines Explore Buying Stranded Jets From Western Leasing Firms
Dec 27 2022 // Russian airlines have held exploratory talks with at least one major Western leasing firm about using state funds to buy some of the more than 400 aircraft stranded in Russia after its invasion of Ukraine, according to...
