Russia's oil industry is starting to feel the pressure of Western sanctions as Indian refineries no longer accept tankers of Moscow's state-owned state-run Sovcomflot shipping company, Bloomberg reported on March 23.
Europe News: Moscow is in "long term" talks with Beijing, struggling to finalize agreements for securing loans in the Chinese yuan, according to Russia's finance minister. Russia's trade with China has significantly increased amid shifting away from Western affiliations due to sanctions related to the Ukraine conflict.
LONDON, Feb 24 Two years after Russia launched a full-scale invasion of Ukraine, prompting multiple rounds of Western sanctions, Moscow increasingly relies on a shadow fleet of.