Russian oil producers supplied their first cargoes of CPC Blend crude to the United Arab Emirates (UAE) in August and September, traders told Reuters, opening up a new export route as Moscow looks to find new customers and skirt Western sanctions. Moscow has found new markets for its oil despite sanctions imposed by G7 countries since the start of the war in Ukraine, which Moscow calls a special military operation. The world's third largest oil exporter, Russia has rerouted most of its oil to China, India and Turkey over the past year, and has also sent cargoes to countries including Brazil, Sri Lanka and Pakistan.In August and September two Russian firms - oil major Lukoil and independent producer CenGeo - sold their oil to the UAE.
If you've reached the lofty level of $100,000 in your retirement savings, congratulations! This means you've already socked away more than many other Americans. First Year of Retirement: 7 Money Moves... -- The European Union needs to investigate Chinese support for electric vehicles as a result of the massive subsidies it provides the industry, according to the head of the bloc’s executive arm.Most Read from BloombergVegas’ Newest Resort Is a $3.
BEIRUT — Hearings in the $1 billion lawsuit filed by auto tycoon Carlos Ghosn against Nissan and other defendants started in Beirut on Monday with lawyers of both sides meeting the judge in charge of the case, judicial officials said. The former Nissan CEO filed the case against Nissan in May in Beirut, alleging he was detained in Japan in 2018 on false charges because of what he calls the automaker's disinformation against him.
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