Economy

Russian oil trades without discount or at a premium, Deputy PM Aleksandr Novak says

Russian oil has traded without discounts and at premiums on some routes, Deputy PM Aleksandr Novak has said, as global demand remains high

India, Russia Weigh LNG Deal Despite Western Sanctions

India and Russia are exploring a direct LNG deal and increasing crude oil sales despite Western sanctions, as Hormuz disruptions and Middle East conflict drive up energy prices.

Ukrainian MP warns of ‘financial catastrophe’ as Kiev struggles as billions in Western aid are at risk

Kiev risks losing significant Western financial support due to stalled reforms, Daniil Getmantsev warns

India has fuel security cover for 60 days

India confirms 60-day fuel stocks and 74-day reserve capacity, dismissing shortage rumors as misinformation despite Strait of Hormuz shipping disruptions.

Russia, India discussing LNG, LPG supplies

Both sides expressed readiness to increase LNG supplies

Novak instructs to prepare draft decree on gasoline export ban

The measure is aimed at stabilizing prices and prioritizing domestic supplies