OPEC+ supply gap widens in March as sanctions hit Russian output LONDON: OPEC+ produced 1.45 million barrels per day (bpd) below its production targets in March, as Russian output... Published 19 Apr, 2022 02:58pm
Opinion EU embargo on Russian oil, gas will take ‘months’ The EU is working on broadening sanctions on Russia to include oil and gas embargoes but such measures would take... Published 16 Apr, 2022 04:10am
World Russia to seek alternative to European energy market: Putin MOSCOW: Russian President Vladimir Putin said Wednesday Moscow will be looking into alternative markets for its... Published 13 Apr, 2022 04:04pm
Markets Ukraine war, chance of more sanctions on Russia lift gold’s appeal NEW YORK: Gold rose on Monday as investors sought the safe-haven asset amid prospects that Western nations would add... Published 05 Apr, 2022 05:38am
World China says not deliberately circumventing sanctions on Russia BEIJING: China is not deliberately circumventing sanctions on Russia, a senior Chinese diplomat said on Saturday, a... Published 02 Apr, 2022 09:44am
World Lavrov hopes to bypass sanctions in trade with ‘friend’ India NEW DELHI: Russia will increase its use of non-Western currencies for trade with countries such as India, its ... Published 02 Apr, 2022 04:14am
World In Istanbul and Dubai, Russians pile into property to shelter from sanctions ISTANBUL/DUBAI: Wealthy Russians are pouring money into real estate in Turkey and the United Arab Emirates, seeking ... Published 31 Mar, 2022 07:14am
Opinion As sanctions ‘weaponise’ US dollar, some Treasury buyers could fall back US sanctions against Russia should hasten a move by some countries to reduce their reliance on the US dollar, which... Published 30 Mar, 2022 06:08am
World UK slaps more sanctions on Russian, Belarus entities LONDON: Britain slapped sanctions Thursday on 59 more Russian individuals and entities, as well as six Belarusian... Published 24 Mar, 2022 05:14pm
Markets China sees little impact from sanctions on potash exports, says top fertiliser firm BEIJING: Sanctions on exports of potash fertiliser from Belarus and Russia are not impacting supply in China, an... Published 24 Mar, 2022 05:36am
Markets Putin wants 'unfriendly' countries to pay for Russian gas in roubles LONDON: Russia will seek payment in roubles for gas sales from "unfriendly" countries, President Vladimir Putin said... Updated 24 Mar, 2022 12:17am
Opinion The new world ‘disorder’ The more things change the more they are the same. Wrong? Should be, but unfortunately it is right. The fright of ... Published 21 Mar, 2022 06:39am
Business & Finance Sanctions-savaged Russia teeters on brink of historic default LONDON: The economic cost of Russia’s assault on Ukraine was fully exposed on Wednesday as Vladimir Putin’s... Published 16 Mar, 2022 01:08pm
World US imposes sanctions on Russians over human rights ‘violations’ WASHINGTON: The United States on Tuesday imposed sanctions on Russians it accused of gross human rights violations... Published 16 Mar, 2022 05:41am
Opinion Pressure builds on China to drop its Russian ally China is under intense diplomatic pressure from the US and its European allies to pull its lifeline from an isolated... Published 16 Mar, 2022 05:40am
World Russia says nearly half its reserves are frozen, counts on ties with China LONDON: Russia said on Sunday that it was counting on China to help it withstand the blow to its economy from ... Published 13 Mar, 2022 06:30pm
World Russia bans export of some products, equipment after sanctions MOSCOW: Russia announced Thursday an export ban on more than 200 types of foreign-made products and equipment until... Published 10 Mar, 2022 07:20pm
Business & Finance UBS reveals $200 million exposure to Russia ZURICH: Swiss bank UBS said Monday it has under $10 million of loans outsanding to clients subjet to sanctions... Published 07 Mar, 2022 09:09pm
World Next G7 sanctions should hit Russian oligarchs: minister FRANKFURT: The next round of G7 sanctions against Russia over its invasion of Ukraine should hit those oligarchs who... Published 07 Mar, 2022 01:20am
Markets Iran hopeful for oil majors to return once sanctions lifted LONDON: Talk of a possible agreement between Iran and the United States over Tehran’s nuclear programme has put... Published 04 Mar, 2022 04:37am
World US to impose new sanctions on Russian oligarchs, including travel ban: source WASHINGTON: The United States will impose new sanctions on Russian oligarchs Thursday, a source familiar with the... Published 03 Mar, 2022 09:57pm
Markets Iran says ready to raise oil output once sanctions lifted TEHRAN: Oil-rich Iran says it is ready to step up its crude exports once US sanctions are lifted if talks to revive... Published 03 Mar, 2022 07:40pm
World EU sanctions 22 Belarus officers over Ukraine invasion BRUSSELS: The European Union on Wednesday imposed sanctions on 22 senior Belarusian military officers over Minsk's... Published 02 Mar, 2022 09:41pm
Business & Finance EU excludes 7 Russian banks from SWIFT under sanctions BRUSSELS: The EU on Wednesday excluded seven Russian banks from the global SWIFT network, as sanctions were ... Published 02 Mar, 2022 08:15pm
World US sanctions Russia for 'beginning' invasion of Ukraine WASHINGTON: US President Joe Biden on Tuesday announced tough new sanctions on Russia for "beginning" an invasion of... Updated 23 Feb, 2022 10:56am
World UK unveils sanctions on Russian banks and oligarchs LONDON: Britain on Tuesday slapped sanctions on five Russian banks and three billionaires, in what Prime Minister... Updated 22 Feb, 2022 07:04pm
World Iran says nuclear deal ‘at hand’ but sanctions must be ‘truly lifted’ TEHRAN: Iran on Monday said an agreement to restore the 2015 nuclear deal was “at hand”, but insisted that... Published 15 Feb, 2022 06:45am
World Iran says nuclear deal 'at hand' but sanctions must be 'truly lifted' TEHRAN: Iran on Monday said an agreement to restore the 2015 nuclear deal was "at hand", but insisted that sanctions... Published 14 Feb, 2022 09:31pm
World At UN, Russia, China call out ‘unilateral’ sanctions UNITED NATIONS: Russia, facing the threat of Western penalties over Ukraine, and China on Monday spoke out against... Published 09 Feb, 2022 05:46am
World UK plans to broaden scope of sanctions it could apply to Russia LONDON: The British government will introduce new legislation this week to broaden the scope of sanctions it can... Published 31 Jan, 2022 07:10am
Pakistan’s pharma sector can increase exports to $3bn in five years, but it ‘needs policy, govt support’