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By Chris Weafer CEO of Macro-Advisory Ben Aris in Berlin Eighteen months have passed since the EU banned the import of Russian crude oil and refined products and Moscow has successfully managed to replace what was its biggest export market, Europe, with new customers in Asia and elsewhere. Having overcome obstacles such as the price cap sanctions and the need to make bi-lateral payment mechanisms more efficient, Russia is again exporting maximum oil volumes and while earning less from these exports, it is enough to support the budget and the economy. The Kremlin has now switched its attention …

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