Join veteran risk analyst Charles Hecker for a talk on the complex, unstable, never boring relationship between foreign investors & Russia, based on his new book Zero Sum. Moderated by Russia-watching global finance expert Craig Kennedy. In person 3/28: daviscenter.fas.harvard.edu/events/interna…

Excellent piece by Barry Eichengreen on the foundation of US dollar primacy: ft.com/content/8a71dc…

When it comes to sanctions relief, Europe holds by far the strongest cards. For the last 145 years, Russia’s oil and, later, gas businesses have been built using abundant European capital combined with advanced European technology for export to premium European markets. The loss

More superb investigative journalism from @DanwatchDK. The team uncovers how scores of Russian shadow tankers have allegedly been sailing with sham spill insurance isssued by a fraudulent shell company. Arrests have been made. This would mark a flagrant violation of global

More astute tanker reporting from Michelle Wiese Bockmann and Bloomberg. What appears to be happening is that this 21 year old tanker passed its 20-year certification survey last year with an accredited member of the leading international body conducting these demanding physical

Several ships with fake insurances have been ordered to immediately cease operations and anchor. This follows Danwatch and Norwegian NRK’s investigation into the Norwegian company Ro Marine. danwatch.dk/en/russian-sha…

For 3 years, it was difficult to sanction Russia because of high oil prices. Now, the oil price is low and Russia is facing an economic crisis. It is the ideal time to double down on sanctions: List more shadow fleet tankers and threaten secondary sanctions against oil buyers.

unsurprisingly, Estonian inspectors found 40 deficiencies on Kiwala, the EU & UK-sanctioned, Russia-trading 'dark fleet' aframax tanker the country's navy seized last week for falsely claiming it was flagged by Djibouti. It has now been detained. you might recall the Eagle S,

My report on today's devastating Russian missile strike on the Ukrainian city of Sumy. At least 21 dead and 83 injured, including 7 kids. Bodies on the streets, burning cars, a trolley bus destroyed, rescuers carrying survivors, a child covered in blood .. theguardian.com/world/2025/apr…

EU explores legal options for ending Russian gas deals Brussels says invoking ‘force majeure’ clause would allow contract termination without penalties on.ft.com/3Gcgnr5

The keen-eyed Michelle Wiese Bockmann spots another tanker reported to be falsely flagged lifting cargoes out of Russia. The false flag count around Russia seems to be rising as tanker sanctions have sidelined a big chunk of Moscow’s proprietary fleet—it’s a clear sign that Moscow’s shadow

Russia's economy faces growing imbalances as war effort drains resources hhs.se/en/about-us/ne…

Together with several Guardian colleagues, as part of a large journalistic consortium, we investigated the torture and death of Ukrainian journalist Viktoriia Roshchyna in Russian captivity. theguardian.com/world/2025/apr…

Russia's budget in January-April 2025: Oil and gas revenues are 10.3% below last year. Other tax revenue is growing only slightly above inflation, despite tax hikes. Meanwhile, expenditures are 20.8% higher than last year, and the budget deficit is 1.5% of GDP vs 0.6% last year.

Only 2 times in the past 25 years has the market had #LNG supply growth like it will have in EACH of the next 5 years. So if the EU wants to cut off Russian imports, now may be a good time; it will take lower prices to consume all this incremental supply. #ONGT Center on Global Energy Policy

In Russia’s Siberia, a drilling rig collapsed. Russian media report that wells caught fire last night at the site, and the blaze continues, with two 25-meter flames still burning. Three people were injured and are now in intensive care in critical condition.

⚡️ Russian political, corporate interests seize thousands of Ukrainian businesses, assets in occupied Mariupol, research reveals. kyivindependent.com/russian-politi…

The Kremlin is experiencing a moment of acute vulnerability that opens up new opportunities for exerting pressure on Moscow to end the war, Christian Caryl writes. foreignpolicy.com/2025/05/13/tru…

Negative impact on Gazprom’s financials will likely be amplified by the considerably lower margins on its sales to China compared to what Gazprom enjoyed its Europe’s premium priced markets.

Ukrainian attacks disrupt Russian petrol supplies and push up prices ft.com/content/1a2251… via @ft