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The EU Has Frozen $13 Billion In Russian Assets

The EU has frozen as much as $13.8 billion in Russian assets since the start of the war in Ukraine.  Germany’s finance minister,...
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China Considers Proposed Price Cap On Russian Oil

The United States pitched to China the idea of capping the price of Russian oil during a virtual meeting last week, U.S. Treasury Secretary...
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Oil Could Climb Higher If Officials Fail To Agree On Russian Price Cap

A potential price cap on Russian oil is gaining traction among the G7. An unnamed U.S. official has written that international oil prices...
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The EU Is Prepping Another Round Of Sanctions Against Russia

The European Union is already working on the seventh package of sanctions against Russia as it continues to try to punish Moscow for its...
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Oil Prices Rebound Following Morning Drop

Crude oil prices rallied in the afternoon after a rocky start to the trading day, with Brent crude finishing out the day at $106.57. Earlier...
Opinion

Is China Preparing To Emulate Russia’s Invasion Of Ukraine?

Russia’s invasion of Ukraine has transformed global geopolitical dynamics, and now there are signs that China might soon emulate Russian strategies. China is...
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Soaring Energy Exports Send Russia’s Account Surplus To Record High

Russia’s account surplus reached a new record for the second quarter, according to data released by the central bank cited by Bloomberg. The surplus, now...
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