In October, Russia became the largest supplier of oil to India, overtaking the traditional leaders in this indicator, Saudi Arabia and Iraq, as specialists of the industry analytical company Vortexa stated. “In October, Russia supplied India with 946 thousand barrels of oil per day, which is the highest figure for the month, or 22 per
In July 2022, Italy became the main importer of Russian products among the EU countries. The corresponding calculations based on the data from the national statistical offices of Europe were presented by the RIA Novosti news agency. It is specified that Italy purchased Russian goods for 3.04 billion euros, overtaking Germany with 2.9 billion euros.
The German automaker Mercedes-Benz has announced the withdrawal from Russia and the sale of shares in local subsidiaries, including an automobile plant in the Moscow region, to the Avtodom dealer holding. This was reported by the Russian representative office of the concern. In particular, the shares in Mercedes-Benz RUS JSC, Mercedes-Benz Manufacturing Rus LLC (a
Six countries of the EU increased exports of goods to Russia in annual terms this July, while imports of Russian goods were increased by 16 EU states at once, which follows from RIA Novosti calculations based on data from national statistical agencies. It is noted that some countries have increased their import of goods from
The Middle East, India, and Asia can become the three main markets for Russian gold, the Head of the Ministry of Regional Development, Alexei Chekunkov, said in an interview with RIA Novosti. According to the Minister, there is a high demand for Russian gold, which remains the keeper of values in international financial circulation for
In Moscow and St. Petersburg, special shops will be opened in the end of August of this year for diplomatic missions, consular offices, representative offices of international organizations, as well as foreign employees of all these institutions and their family members. Trading in such stores will be in rubles, dollars, and euros according to the
According to Bloomberg, next year Russia may create a reference grade of oil, which will be a response to the West’s intention to introduce marginal prices for Russian oil and thus limit Russia’s oil revenues. Russia intends to create its own benchmark grade of oil by 2023, Bloomberg reported, citing sources and documents received. According
Russia has become the leader in oil supplies to China. Imports in May increased by 55 per cent compared to a year earlier, as it was reported on Wednesday, July 6, by Reuters with reference to the shipping analytical companies Vortexa, Kpler and Refinitiv. Thus, the import of Russian oil in May reached almost 8.42
Iran is ready to saturate the Russian market with the necessary goods, from building materials to high-tech products, as said by the Head of the Russian Export Center Veronika Nikishina. “The Iranian partners are ready to negotiate with Russian entrepreneurs and supply a lot of their goods — from construction and finishing materials to serious
The list of goods for parallel import to Russia includes products of more than 50 foreign automobile brands, the largest manufacturers of tires and components for the automotive industry, which follows from the order of the Ministry of Industry and Trade published on the official portal of legal information. In particular, the list includes the
Several dozen Polish districts were left without gas after Poland imposed sanctions on firms associated with Russia. As the Deputy Minister of Internal Affairs of the Republic, Pavel Shefernaker, stated today, on April 28, the authorities are trying to do everything possible to restore gas supply to these areas. We are talking about Novatek Green
Russia’s largest online retailer Wildberries in the first quarter of 2022 increased turnover by 95 per cent compared to the same indicator last year, to 289.2 billion rubles. The total number of orders increased by 128 per cent, to 288.7 million. Wildberries is Russia’s largest online retailer. The company’s turnover by the end of 2021
The UK government introduces a ban on export to Russia of those products that can be used against the people of Ukraine, according to a statement published on Monday night by the UK Department for International Trade. “The UK has also announced an export ban on products and technology that Russia could use to repress
