Times News Network
Press play to listen to this article Europe has deployed an unprecedented arsenal of economic sanctions against Moscow in an attempt to weaken Russia’s economy and force Vladimir Putin to abandon his war in Ukraine. But as the export bans bite over the coming months, Russia will start to crave banned goods that are essential … Read More “How Russia can beat EU sanctions – POLITICO” »
Making big promises at the COP26 climate summit in Glasgow was hard; six months later, governments are finding out that actually following through on them is even harder. Ministers and representatives from more than 40 countries will be in Copenhagen on Thursday to ensure climate efforts aren’t overshadowed by the war in Ukraine, a still-lethal … Read More “Climate goes missing in action in Russia’s war – POLITICO” »
Press play to listen to this article For a man fixated on Russian grandeur, President Vladimir Putin is doing his best to sabotage the only economic sector that gives Moscow any claim to superpower status and that helps bankroll his war in Ukraine: oil and gas. His invasion puts all that at risk. Sanctions restrict … Read More “Putin’s war imperils Russia’s energy cash cow – POLITICO” »
Press play to listen to this article There’s no Russian gas coming through pipelines in Poland and Bulgaria, but both countries say they’ll do just fine without an energy link to Moscow. “Poland is an energy-secure country, which does not have to and will not yield to blackmail gas by Russia,” Polish Climate and Environment … Read More “Poland and Bulgaria start life with no Russian gas – POLITICO” »
Berlin could handle an embargo on Russian oil imports, Germany’s Climate and Economy Minister Robert Habeck said on Tuesday, suggesting the country could end its dependence on Moscow within “days.” Habeck, speaking at a press conference in Warsaw, said that Germany had managed to slash its reliance on Russian oil by two-thirds in recent weeks, … Read More “Germany says Russia oil embargo would be ‘manageable’ – POLITICO” »
Press play to listen to this article Twelve years ago, Lithuanian company administrator Rokas Masiulis was handed a new job with an ambitious target: end his country’s reliance on Russian gas. In his new post as head of Klaipėdos Nafta, a state-controlled oil terminal operator, Masiulis was to oversee the commissioning and delivery into service … Read More “How Lithuania cut its ties to ‘toxic’ Russian gas – POLITICO” »
An effective embargo on oil and gas imports from Russia could force an end to the country’s war against Ukraine within eight weeks, Russian President Vladimir Putin’s former chief economic adviser told the BBC. If Western countries “would try to implement a real embargo on oil and gas exports from Russia… I would bet that … Read More “Russian oil and gas embargo could stop war within weeks, says former Putin adviser – POLITICO” »
Press play to listen to this article Ukraine is telling the EU to give the Russians a taste of their own strong-arm tactics when it comes to gas prices. EU countries have been quick to condemn Russia over Ukrainian reports of war crimes, but they’re still reluctant to introduce sanctions that would cut their gas … Read More “Ukraine tells EU to play rough with Russia on gas prices – POLITICO” »
Amidst the Russia-Ukraine crisis, there has been a significant price hike in the oil thus posing a huge challenge for India which is dependent on imports which is almost 85 percent of its crude oil requirement. New Delhi, Amidst the Russia-Ukraine crisis, there has been a significant price hike in the oil thus posing a … Read More “Legitimate energy transactions of India should not be politicized: Sources” »
Press play to listen to this article The West’s united response to Russia’s invasion of Ukraine is splintering over whether European countries are willing to take a severe economic hit and stop buying the oil that fuels the Kremlin’s war effort. While the US is set to impose a crude oil ban, it looks increasingly … Read More “The first big crack in Western unity against Putin: Oil sanctions – POLITICO” »
