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By Rhod Mackenzie

India continues to purchase Russian oil, its refineries are operating at full capacity, and negotiations are underway for wholesale purchases of raw materials in September. US President Donald Trump has issued a formal request to the government of India, urging them to refrain fr...

By Rhod Mackenzie

 Russian oil exports have returned to a level of dynamic growth because of not despite the actions of the EU . Thus, deliveries from the Black Seaport of Novorossiysk have almost doubled in the first half of July. 
The jump in shipments was slightly offset by a slight decrease i...

By Rhod Mackenzie

In another of his moments of bombast Donald Trump has threatened to punish buyers of Russian energy resources with 100% trade tariffs if the situation in Ukraine is not resolved to his liking and satisfaction within the next 50 days. The first countries likely to be hit are China...

By Rhod Mackenzie
It has become obvious that the special forces of a certain Western government are active in the sabotage of merchant vessels that transport goods such as oil and chemicals to and from Russia.
Ovr the past year there has been a series of mysterious incidents involving merchant shi...

By Rhod Mackenzie

I will never understand the logic or the thinking of the EU It seems that the EU thinks that if your package of sanctions is a complete failure then just put together another package which is where we are at now after three years and almost 20 packages of sanctions.
The European...

By Rhod Mackenzie

Trumps tariff wars have caused havok with oil prices with the current oil price below $70 per barrel and this has caused  US shale companies to start shutting down drilling rigs and cutting back on production because the current global oil price are rendering them completely unpr...