As Russian oil exports decline, fears of global supply crunch grow
28 March 2022 |
1:10 pm
Russian crude exports have declined substantially since the war began, fuelling global oil supply concerns. We also take a look at how sanctions against Russia are affecting tourism in Cuba, as well as a critical week ahead for Amazon, which faces two separate union elections in the US.
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14 Apr 2022
During a "warm" and "candid" virtual summit, the US asked India to not feed Russia's energy economy. Meanwhile, India's foreign minister said the US' primary concern should be weening Europe off Russian energy.
7 May 2022
EU leaders are expected to present the proposed embargo later this week. Supporting the measure would be Germany's second turnaround in as many weeks with regards to Ukraine.
2 May 2022
The oil embargo could be upheld for years, the German Foreign Minister Annalena Baerbock said. Her Green ally Robert Habeck said complete independence from Russian oil was possible by late summer.
12 May 2022
The European bloc is moving closer to banning Russian oil with Germany changing course to support the embargo. But many questions remain open.
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The 27 EU member states are deliberating a gradual ban on Russian oil imports. Some countries, such as Hungary, Slovakia and Cyprus, are concerned about the repercussions of such a move on their economies.
4 Jun 2022
Russia's president has said banning oil imports from his country would be impossible for some dependent European states, after the EU failed to reach consensus to impose the measure.
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German Economy Minister said the EU was close to finally agreeing on a ban on Russian oil imports as the war in Ukraine enters the fourth month.
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Though often described as the world's largest democracy, India ranks a dismal 150th out of 180 countries on the Press Freedom Index. Some journalists are targetted and even jailed for reporting critically on the government's policies. Nehal Johri reports from Delhi.
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Claudia Kemfert of the German Institute for Economic Research calls for a ban on Russian oil imports even if this means another hike in fuel prices.
11 Dec 2022
The European Union approved a plan to cap prices of Russian oil at $60 a barrel, with the deal coming into effect December 5. Ukrainian President Volodymr Zelenskyy thinks it may not be enough. Follow DW for the latest.
5 Dec 2022
The price cap could make it difficult for Moscow to sell its oil for a higher price. Meanwhile, a senior US intelligence official said the war was at a ''reduced tempo.'' DW has the latest.
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