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☆ The Moscow terror attack could drive a wedge between Russia and one of its longtime allies
▼ + stars: | 2024-03-25 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +5 min

Russia says suspects in the Moscow terror attack came from Tajikistan, something the country denies. Tajikistan and Russia are allies, but tensions have been growing between them. AdvertisementRussia's response to the weekend terror attack in Moscow could drive a wedge between the country and one of its historic allies. Experts also said that ISIS likely took advantage of Russia being distracted by the conflict in Ukraine to attack. Meanwhile, Ukrainian President Volodymyr Zelenskyy suggested that Russia could have stopped the attack if it wasn't attacking Ukraine.

Persons: —, Vladimir Putin, STRINGER, Emomali Rahmon, Putin, Rahmon, scold Putin, Vera Mironova, Volodymyr Zelenskyy Organizations: Service, Crocus City Hall, Islamic, Security, Organization, NATO, Hall, Getty, Moscow Times, Terrorists, Regional, Collective Security, ISIS, Kyiv, Davis Center, Harvard University, Financial Locations: Russia, Moscow, Tajikistan, Soviet, Crocus, Islamic State, Central Asia, Soviet Union, Moscow's Crocus, China, North Korea, Ukraine

FRANKFURT, Germany (AP) — For months after Ukraine's Western allies limited sales of Russian oil to $60 per barrel, the price cap was still largely symbolic. That time has now come, putting the price cap to its most serious test so far and underlining its weaknesses. But most of that, economists say, stems from Europe's ban on Russian oil, which cost Moscow its main customer. They're accused of carrying Russian oil priced at $75 and $80 per barrel while relying on U.S.-connected service providers. “The price cap is working,” says Nataliia Shapoval, vice president for policy research at the Kyiv school.

Persons: —, Benjamin Hilgenstock, Vladimir Putin, ” Hilgenstock, P Global Platts, It's, They're, “, ”, Viktor Katona, haven't, Alexander Novak, Putin, Novak, Europe —, Craig Kennedy, doesn't, Nataliia Shapoval, Shapoval, Josh Boak Organizations: Kyiv School of Economics, International Monetary Fund, U.S . Treasury Department, Stanford University, ”, Russia ”, Research, Energy, Clean, P Global, Russia, U.S . Treasury, United Arab Emirates, Treasury, Radio Business, Harvard’s Davis Center for Russian, Studies, Kyiv, Stanford, Tanker Locations: FRANKFURT, Germany, Ukraine, Israel, Russia, Ukrainian, U.S, Moscow, Helsinki, Saudi Arabia, Europe, Kozmino, Turkey, India, Russian, Asia, Washington, russia, ukraine

☆ A price cap on Russian oil aims to starve Putin of cash. But it’s largely been untested. Until now
▼ + stars: | 2023-10-23 | by ( ) www.cnbc.com time to read: +8 min

For months after Ukraine's Western allies limited sales of Russian oil to $60 per barrel, the price cap was still largely symbolic. That time has now come, putting the price cap to its most serious test so far and underlining its weaknesses. But most of that, economists say, stems from Europe's ban on Russian oil, which cost Moscow its main customer. The U.K. Treasury says it is "actively undertaking a number of investigations into suspected breaches of the oil price cap." "And there's a reason why the shippers haven't really complained or haven't flagged any issues with the oil price cap — because it's very easily circumvented."

Persons: —, Hilgenstock, P Global Platts, It's, Benjamin Hilgenstock, Vladimir Putin, They're, Viktor Katona, haven't, Alexander Novak, Putin, Novak, Europe —, Craig Kennedy, doesn't, Nataliia Shapoval, Shapoval Organizations: Salym Petroleum, U.S . Treasury Department, Stanford University, Research, Energy, Clean, P Global, Kyiv School of Economics, International Monetary Fund, Russia, U.S . Treasury, United Arab Emirates, Treasury, Radio Business, Harvard's Davis Center for Russian, Studies, Kyiv, Stanford, Tanker Locations: Salym, Russia, Ukraine, Israel, U.S, Moscow, Helsinki, Saudi Arabia, Ukrainian, Europe, Kozmino, Turkey, India, Russian, Asia

☆ Hollywood actress Raquel Welch dead at age 82
▼ + stars: | 2023-02-15 | by ( Steve Gorman | ) www.reuters.com time to read: +3 min

LOS ANGELES, Feb 15 (Reuters) - Actress Raquel Welch, who helped redefine the traditional image of the Hollywood sex symbol with her portrayals of strong women in dozens of movies in the 1960s and '70s, died on Wednesday at age 82. Her death following a brief illness was confirmed in a statement released by Jane McKnight, her Los Angeles-based manager. She won a Golden Globe Award for best actress in a musical or comedy for her performance in the 1973 swashbuckling romp "The Three Musketeers." [1/3] Actress Raquel Welch poses at the 2014 Carousel of Hope Ball at the Beverly Hilton Hotel in Beverly Hills, California October 11, 2014. REUTERS/Mario Anzuoni/File Photo 1 2 3Her portrayal of strong, willful women was credited with reshaping stereotypes.

☆ Russia assembles a 'shadow fleet' of more than 100 oil tankers as Putin tries to bust western sanctions, report says
▼ + stars: | 2022-12-03 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +3 min

Russia has a "shadow fleet" of oil tankers to bypass western sanctions, the Financial Times reported. The EU has agreed on a $60 a barrel price cap on Russian oil after Poland wanted it set at just $30. Russia assembled what the industry described as the "shadow fleet" in a bid to counter new sanctions. Analysts estimate a shortfall as Russia still needs more tankers to maintain its export levels, according to the report. Rystad analyst Viktor Kurilov told the newspaper: "Russia needs more than 240 tankers to keep its current exports flowing."

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