Biden team to hold off on sanctions hitting aluminum from Russia
The Biden administration is holding off for now on sanctions against Russia that could disrupt global aluminum supplies, according to people familiar with the matter,…
Commodity prices inflated by 40% by risk premiums, analyst says
Prices for some key raw materials are substantially inflated and could fall a “long way” if and when concerns ease about the Russian invasion of…
EU leaders back financial sanctions, tech limits on Russia
EU leaders backed a broad sanctions package Thursday that will limit Russia’s access to Europe’s financial sector and restricting key technologies.
Russia’s chip supply at risk from US-led sanction push
The Biden administration and EU’s call for sanctions against Russia will jeopardize the country’s ability to buy semiconductors and other technology -- and it could…
How the lawyers see sanctions affecting Russian commodities
Commodity traders are grappling with a host of Western sanctions on Russia, but they’re not yet prohibiting deals with the country.
Russian commodities trade feels chill as banks limit finance
Russia’s invasion of Ukraine showed the first signs of stifling trade in vital raw materials, as the money that lubricates the flow of everything from…
Biden deflects Democrats’ pleas to boot Russia from Swift
President Joe Biden said booting Russia from the critical Swift global financial messaging system is off the table for now even as leaders in his…
Japan steel giant eyes alternatives to Russia, Ukraine iron ore
Nippon Steel Corp., bracing for possible disruptions to its iron-ore supplies from Russia and Ukraine, is planning to make up any shortfall by buying more…
Biden spares Russia’s crucial energy exports from sanctions
Russian energy exports escaped sanctions from the U.S. as President Joe Biden toughens restrictions on the country while avoiding measures that could send oil prices…
Sunflower oil shipments to India at risk on Ukraine conflict
Shipments of more than 350,000 tons of sunflower oil to India, the world’s biggest buyer, are at risk as Russia’s attack on Ukraine disrupts logistics…
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