The Biden administration is weighing a ban on U.S. imports of Russian crude oil as Congress races toward passing such a restriction to punish the Kremlin for its invasion of Ukraine.
March 4, 2022GovernmentBusinessLogistics
Biden Hits Russia With Sanctions, Says Putin 鈥楥hose鈥 War
President Joe Biden ordered broad new sanctions targeting Russia on Feb. 24 after its invasion of Ukraine, declaring that Russian leader Vladimir Putin 鈥渃hose this war鈥 and his country will bear the consequences.
February 24, 2022GovernmentBusinessFuel
Anguish Grows in Russia Oil Sector Overwhelmed by Price Fall
As Russia鈥檚 small oil producers struggle to survive a historic price crash, some say in private they wish they could just set their crude ablaze.
April 23, 2020GovernmentBusinessLogistics
Russia Willing to Pay to Lure Shippers to the Arctic
Russia wants to make its Arctic waters more attractive to shippers than the Suez Canal and could be willing to compensate for potential risks to make that happen.
October 21, 2019BusinessLogistics
With Most Efficient Logistics, Wildberries Becomes Russia鈥檚 Biggest Web Retailer
Russia's largest online retailer, Wildberries, is run by a mother of four who founded her company in her Moscow apartment while on maternity leave from her job as an English teacher.
August 30, 2018GovernmentBusinessFuel
Oil-Services Investors Unmoved by Latest US Sanctions on Russia
Investors of the world鈥檚 biggest oil-servicer providers are so far looking past the most punitive round of U.S. sanctions on Russia.
April 9, 2018Government
Most Moscow Residents Support Protest by Truckers, Survey Says
Moscow residents are broadly supportive of protests by longhaul truckers over a new toll system in Russia, the Levada Center said.
December 11, 2015Government
In Russia, a Protest Against Putin Rises From an Unlikely Source: Truckers
STUPINO, Russia 鈥 Like most Russians, the truck drivers parked up at the Doughnuts roadside cafeteria south of Moscow care little for opposition politics, but a new government policy has made them rethink their attitudes toward Vladimir Putin.
December 8, 2015