international-trade
Top StoriesA Long Road and New Life Ahead for Ukrainians Fleeing War by Taxi
Top StoriesOil Dips on Russia-Ukraine Talks, U.S. Inventory Data
TradingUnderstanding Red Tape When Transitioning From Domestic to International Trade
Top StoriesUK Imposes Sanctions on Russian Lawmakers Who Supported Ukraine Breakaway Regions
Exclusive-Russia’s Surgut Works With China to Allow Oil Sales to Go On
Date: March 11, 2022
By Florence Tan SINGAPORE (Reuters) -Russian producer Surgutneftegaz has allowed Chinese buyers to receive oil without providing guarantees known as letters of credit (LC) in order to bypass Western sanctions, three people with knowledge of the matter said. The change in terms is allowing Surgutneftegaz to continue to sell ESPO Blend crude from the port...
Russia Regroups After Setbacks; Ukraine Says Psychiatric Hospital Hit
Date: March 11, 2022
By Pavel Polityuk and Natalia Zinets LVIV, Ukraine (Reuters) – Russian forces bearing down on Kyiv are regrouping northwest of the Ukrainian capital, satellite pictures showed, and Britain said on Friday Moscow could now be planning an assault on the city within days. Ukraine accused Russian forces of hitting a psychiatric hospital near the eastern...
Oil Plunges as Much as 17% as UAE Says Support Output Hike
Date: March 9, 2022
By Shariq Khan BENGALURU (Reuters) – Oil prices plunged over 17% on Wednesday after the United Arab Emirates said the OPEC member would support boosting supply into a market in disarray because of supply disruptions caused by sanctions imposed on Russia after it invaded Ukraine. Brent crude fell more than 17%, or $22, during a...
Kremlin Tells United States to Await Response to “economic War”
Date: March 9, 2022
By Guy Faulconbridge LONDON (Reuters) -The Kremlin accused the United States on Wednesday of declaring an economic war on Russia that was sowing mayhem through energy markets, and put Washington on notice it was considering its response to a ban on Russian oil and energy. Russia’s economy is facing the gravest crisis since the 1991...
Swedish PM Rejects Opposition Calls to Consider Joining NATO
Date: March 8, 2022
STOCKHOLM (Reuters) -Swedish Prime Minister Magdalena Andersson on Tuesday rejected opposition calls to consider joining NATO following Russia’s invasion of Ukraine, saying an application now would destabilize security in Europe. Sweden has not been in a war since 1814 and has built its foreign policy on non-participation in military alliances, but it has forged ever...
Biden Bans Russia Oil Imports to U.s., Warns U.S. Gasoline Prices Will Rise Further
Date: March 8, 2022
By Trevor Hunnicutt and Steve Holland WASHINGTON (Reuters) -U.S. President Joe Biden announced a ban on Russian oil and other energy imports on Tuesday in retaliation for the invasion of Ukraine, underscoring strong bipartisan support for a move that he acknowledged would drive up U.S. energy prices. “We’re banning all imports of Russian oil and...