EU, UK hit Russia with new sanctions
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President Trump’s recent commitment to provide more aid to Ukraine could increase pressure on Russia to negotiate an end to the war.
The EU Friday unveiled sanctions on the Rosneft-owned Nayara Energy’s 20 million-tonne refinery in Vadinar, Gujarat, and lowered the price cap on Russian oil by 15% to $47.6 per barrel from $60.
While China has long been touted as the next great economic superpower, its recent trajectory reveals a far different story.
More than a dozen countries stand in the crosshairs of Trump's threat to impose 100% tariffs over their economic ties to Russia.
The EU yesterday adopted a sweeping new package of sanctions on Russia over the Ukraine war, looking to pile more pressure on the Kremlin by lowering a price cap for Moscow’s oil exports.