The Real Reason Behind The EU’s Drive To Embargo Russian Oil

The Real Reason Behind The EU’s Drive To Embargo Russian Oil

This week the European Union is expected to announce a complete import ban on Russian oil. Hungary, in its first real act of defiance, is threatening to veto this; Germany, after some hemming and hawing, has finally decided it can survive such a ban.

Reliance Cash In On Cheap Russian Oil

Reliance Cash In On Cheap Russian Oil

Reliance’s refinery complex can process almost all types of oil at a rate of almost 1.4 million barrels per day which enables it to profit from price fluctuations. In the present geopolitical scenario, Reliance is set to cash in on cheap Russian oil.

Mystery Of The Rising Ruble Revealed

The Russian ruble has undergone an astonishing recovery, surging to levels not seen in almost two years, after losing over half of its value in March owing to Western sanctions. Sergey Kopylov, a junior partner at consultancy firm BSC and a lead researcher at Plekhanov Russian University of Economics, unravels the mystery of the rising ruble.