By Gleb Stolyarov and Allison Lampert (Reuters) -Russia is urging the U.N. civil aviation agency to ease sanctions on spare parts and overflights, dismissing its response to the war in Ukraine as “unlawful coercive measures,” according to working papers and a source familiar with the matter. Since Russia’s invasion of Ukraine in February 2022, Western…
SCOTT BESSENT, America’s treasury secretary, recently deployed a metaphor to describe the state of play in the Russo-Ukrainian war. “We are in a race,” he said. “How long can the Ukrainian military hold up versus how long can the Russian economy hold up.” Tougher Western sanctions, including tariffs on countries buying oil from Russia, would…
MOSCOW (Reuters) -Russia has built up a certain immunity to Western sanctions and adapted to them, the Kremlin said on Friday, after the European Union agreed an 18th package of sanctions against Moscow, including measures aimed at its oil industry. The package aims to lower the G7’s price cap for buying Russian crude oil to…