The oil market turmoil dragged down Russia’s national currency, which fell sharply against the US dollar and the euro.
Read More »Russia Ready to Coop. with Iran in Cyber Security
Deputy Minister of Digital Development, Communications and Mass Media of the Russian Federation and Head of Iran-Russia Media Cooperation Committee Alexey Volin announced that Russia is ready to cooperate with the Islamic Republic of Iran in the field of cybersecurity and information.
Read More »Putin Dumps OPEC to Start a War with America’s Shale Oil Industry
Prices will fall until either Moscow or Riyadh call off the endurance contest.
Read More »Russia Urges US Against Politicizing IAEA Report on Iran Nuclear Program
Russia's Permanent Representative to International Organizations in Vienna Mikhail Ulyanov has urged the US officials to refrain from politicizing the IAEA report on Iran's nuclear program.
Read More »Collapse of OPEC Talks Blows Hole in Russian-Saudi Alliance
The oil market now faces double jeopardy.
Read More »Saudi-Russian Breakup could Collapse Oil Prices
The most immediate pain is likely to be felt in the US shale industry.
Read More »OPEC Fails to Secure Deal with Non-OPEC on Oil Cuts
OPEC had proposed cuts of 1.5 million barrels per day (bpd) in addition to cuts already in place, a move Russia resisted.
Read More »Russia Reacts to IAEA’s Request from Iran for Additional Access
Russia's Permanent Representative to International Organizations in Vienna Mikhail Ulyanov reacted to the IAEA’s request from Iran for clarification or access to additional locations for taking environmental samples.
Read More »Russia’s State Oil Company Paid Mystery Consultant $250 Million in Iraq Deal
Russia’s state oil company paid $250 million to an external consultant to help secure deals in Iraqi Kurdistan. according to documents that shed new light on transactions that have strengthened Moscow’s presence in the Middle East.
Read More »Russia Starts Building First LNG-Powered Inland Vessel
This is the first LNG-powered passenger vessel to be built in Russia.
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