![]() Oil notched a weekly gain as traders weighed a global supply deficit, a potential ban on Russian oil from the European Union and China’s latest virus lockdowns. Oil Posts Gains as EU Considers Russia Ban (1:22 a.m.) The measure may help decrease coal prices on the domestic market. Russia’s Energy Ministry and Industry Ministry are working on introducing restrictions on the exports of coking coal, RBC reported, citing an unidentified government official and the Energy Ministry’s press service. Russia Mulls Limiting Coking Coal Exports (6:15 a.m.) “And in that playbook, several pages have not been read out.”įernandez said it would be up to Ukraine to decide whether an easing of Western sanctions should be part of any peace deal negotiated with Moscow. “Everything is on the table,” said Jose Fernandez, US under-secretary for economic growth, energy and the environment. sees little scope for lifting existing ones, a senior State Department official told the Financial Times. Has ‘Long Playbook’ on Sanctions, Official Tells FT (7:00 a.m.)īesides a long list of potential additional sanctions against Moscow, the U.S. The Moskva “served a key role as both a command vessel and air defense node,” and only returned to operational status in 2021 after a lengthy refit, the U.K. Ministry of Defence said in an intelligence update. The sinking of the Moskva, Russia’s flagship Black Sea vessel, on top of that of an Alligator-class landing ship on March 24 “will likely lead Russia to review its maritime posture in the Black Sea,” the U.K. Russia May Review Its Maritime Posture After Moskva Sinking (8:07 a.m.) He praised “those who showed that Russian warships can sail away, even if it’s to the bottom.” Zelenskiy made an indirect reference to the Russian cruiser Moskva, which sank Thursday night while being towed to port. “They didn’t know how brave Ukrainians are, how much we value freedom and the possibility to live the way we want.” 24, he said in his nightly video address to the nation. Moscow “gave us a maximum of five” when it invaded on Feb. President Volodymyr Zelenskiy hailed Ukrainian resolve Thursday night as Russia’s war reached its 50th day. Zelenskiy Hails Ukrainian Resolve After 50 Days of War (8:41 a.m.)
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