Tag Russia

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Russia Finds Buyers for Crude Oil

While the EU is busy with sanctions talks against Russian oil, Russia has already opened new distribution channels for its energy products. China is reportedly buying at a discount price of $29 per barrel below the price before the Ukraine…

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Russia’s Inflation at 20-Year High

The Russian Federal Statistics Service (Rosstat) reported that the consumer price index (CPI) rose 17.83% year-on-year in April, the highest level since January 2002. The rise in the consumer price index was boosted by the devaluation of the ruble and…

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India’s Imports from Russia Have More Than Tripled

The Indian local newspaper Financial Express reported that Indian imports from Russia have more than tripled since the beginning of the Ukraine crisis and now amount to $4.67 billion. India is caught between two fronts, on the one hand, Russian…

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