G8

EXCLUSIVE India can buy as much Russian oil as it wants, outside price cap, says Yellen

EXCLUSIVE India can buy as much Russian oil as it wants, outside price cap, says Yellen

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NEW DELHI, Nov 11 (Reuters) – The United States is happy India is continuing to buy as much Russian oil as it wants, including at prices above the price cap mechanism imposed by the G7, if it avoids Western insurance, finance and shipping. services bound by the cap, U.S. Treasury Secretary Janet Yellen said Friday. …

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Column: Ukraine endgame could electrify global markets

Column: Ukraine endgame could electrify global markets

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LONDON, Nov 11 (Reuters) – Defusing this year’s biggest shock to the global economy could catalyze a rebound in global markets that many investors believe is too late – but could also raise other uncomfortable puzzles. Whispers about an endgame to Russia’s 9-month-old invasion of Ukraine – suggestions ranging from ‘talking talks’ to a brokered …

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EXCLUSIVE G7 coalition agreed to fix price for Russian oil source

EXCLUSIVE G7 coalition agreed to fix price for Russian oil source

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WASHINGTON/LONDON, Nov 3 (Reuters) – The wealthy Group of Seven nations and Australia have agreed to set a fixed price when they finalize the price cap on Russian oil later this month, rather than adopt a floating rate, sources said Thursday. U.S. officials and G7 countries have been engaged in intense negotiations in recent weeks …

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