Current and future sanctions on Russia could spawn one of the worst oil supply shocks in history, OPEC Secretary General Mohammed Barkindo warned EU officials on Monday, adding that it would be impossible to replace the volume of oil lost in such an event. Some seven million barrels of Russian ...
Japan’s Cabinet on Tuesday approved additional sanctions against Russia, freezing the assets of 398 Russian individuals including President Vladimir Putin’s two daughters and the wife of Foreign Minister Sergey Lavrov. The Cabinet also approved an import ban on 38 items, including electric machinery and lumber, effective April 19. The latest ...