Russia insurance News

Russia Dodges G7 Price Cap Sanctions on Most of Its Oil Exports: FT

Russian crude oil supplies increased 50% this spring despite the G7 countries imposing sanctions due to war in Ukraine, the Financial Times reported on Sunday citing data from analytics company Kpler. The European Union, G7 countries and Australia introduced a …

EU Leaders Agree to Pursue Ban on Most Russia Oil; Insurance Prohibition Delayed

European Union leaders agreed to pursue a partial ban on Russian oil, paving the way for a sixth package of sanctions to punish Russia and its president, Vladimir Putin, for the invasion of Ukraine. The sanctions would forbid the purchase …

China Instructs State Insurers to Review Exposure to Russia, Ukraine

China has told top state insurers to perform urgent checks on their exposure to Russia and Ukraine, as concerns swirl about the damage to the two economies amid intense fighting, according to two sources and documents seen by Reuters. The …