Russia
KSE: Most of Russia’s shadow fleet operates outside western insurance system
KSE Institute has released a new report, “Oil Spill Insurance and the Shadow Fleet,” examining P&I insurance coverage across the global tanker fleet, with a particular focus on the ships that deal with Russian oil.
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Forest fires drive up Ukraine war emissions
The war in Ukraine has generated nearly 230mn tonnes of CO2-equivalent emissions since Russia's full-scale invasion began three years ago, with forest fires significantly contributing to the increase, according to a new analysis.
Invasion of Ukraine has made life worse, Russians admit
More than half of Russians believe the ongoing war in Ukraine has negatively affected their daily lives, according to a new survey by the independent research project Chronicles.
Russia's electronics sector lacks investment
The Russian electronics industry requires $3.8bn in private investment to meet government targets. However, private investors are unlikely to contribute the full amount, and the state can only provide a fraction of the necessary funding.
Is Iran being offered as a bargaining chip in Russia-US negotiations?
Russian Foreign Minister Sergei Lavrov conducted a swift but significant six-hour visit to Tehran on February 25, meeting with Iranian Foreign Minister Abbas Araghchi and President Masoud Pezeshkian.
Rosneft overtakes ExxonMobil to take fourth slot in global energy ranking
Russia’s biggest state-owned oil major Rosneft has overtaken ExxonMobil to take the fourth slot in the Energy Intelligence Top 100: Global NOC and IOC Rankings.
Renault must pay $1.3bn if it wants to re-enter Russian market
French carmaker Renault must repay at least RUB112.5bn ($1.3bn) of the money invested by its Russian partner AvtoVAZ in the joint venture during its absence, AvtoVAZ president Maxim Sokolov said on February 25.
Lavrov in Tehran to discuss Trump sanctions and nuclear programme
Russian Foreign Minister Sergei Lavrov arrived in Tehran on February 25, holding a private meeting with Iranian Foreign Minister Abbas Araghchi and Iran's President Masoud Pezeshkian.
Serbian president says he backed UN resolution on Ukraine by mistake
President Aleksandar Vucic publicly apologised to Serbian citizens, and blamed "personal fatigue" for his vote in favour of a UN resolution calling for a just and lasting peace in Ukraine.
Putin offers Trump joint rare earth metals exploration projects
Russian President Vladimir Putin has proposed joint exploration of Russia’s rare earth metals deposits and the supply of aluminium to the US market as part of a potential economic agreement, Reuters reported on February 25.
Tokyo appeals for G7 unity over Ukraine
Japanese Prime Minister Shigeru Ishiba has urged his fellow leaders from the Group of Seven nations to remain united in their efforts to bring peace to Ukraine.
EU expands oil and gas sanctions in 16th package
The EU has imposed additional measures against Russia’s oil and gas industry as part of its 16th sanctions package, while stopping short of any further restrictions on the bloc’s purchase of Russian LNG.
US sides with Russia in voting against a Ukraine-sponsored UN resolution to condemn the war on its third anniversary
The US voted with Russia and its allies against a resolution condemning the invasion of Ukraine and the ongoing conflict on February 24 as the Western unity to support Kyiv in its struggle continues to crumble.
Ruble stabilises but long-term strength depends on sanctions relief
After collapsing last summer to RUB100 to the dollar , the Russian ruble has recovered a lot of ground and current settled at a relatively strong level of RUB90 to the dollar. Further appreciation will depend on sanctions relief, says Rencap.
Sanctions isolate Russia’s tech sector, but market consolidation fuels profits
Russia’s technology sector is falling behind the rest of the world after being cut off by sanctions, but the leading companies have seen profits rise after their market share grew once all their international competition left the Russian market.
President Zelenskiy says he is willing to quit if Ukraine gets security guarantees, Nato membership
Ukrainian President Volodymyr Zelenskiy says he'd be ready to give up presidency if it brought peace, Nato membership and genuine security guarantees for Ukraine.
Russia's Rosatom in talks to build new nuclear power plant in Iran
Russian state-run atomic energy giant Rosatom is in talks to construct another nuclear power plant (NPP) in Iran, the company’s chief said.
Putin opens the door to the return of Western business to Russia
President Vladimir Putin has opened the door to Western companies’ return to the Russian market, but only on the Kremlin’s terms and only after sanctions are lifted, the Russian president said on February 21.
Trust in Zelenskiy jumps to 65% following Trump’s comments, but still trails General Zaluzhnyi
Public trust in Ukrainian President Volodymyr Zelenskiy has jumped to 65%, up from 57% in January, after US President Donald Trump claimed that his popularity was only 4% and called him a “dictator” without legitimacy.
Russia considers ceding its frozen $300bn CBR money as part of a ceasefire deal
Russia is considering the use of $300bn in frozen assets held in Europe to help rebuild Ukraine, but insists part of the money be used to rebuild the Ukrainian territories under its control, Reuters reports.