US Experiences Record Highest Inflation in 40 Years, Gasoline Prices Approach Rp 20,000 Per Liter

WASHINGTON DC, KOMPAS.com – The United States (US) experienced the highest inflation in 40 years with prices rising faster than expected last month, driven by rising energy and food costs. The annual inflation rate rose to 8.6 percent in May (the highest level since 1981), the Labor Department said, after falling in April. Read also: … Read more

In Russia, they make fun of the head of the European Commission for his words about buying oil from Putin

The head of Roskosmos reacted to the statement of Ursula von der Leyen. Dmitry Rogozin / photo UNIAN Director General of the State Corporation “Roscosmos” Dmitry Rogozin reacted insultingly to the recent statement by the head of the European Commission, Ursula von der Leyen, about the purchase of Russian oil. In his TelegramChannel Rogozin called … Read more

Embargo on Russian oil – Serbia refuses to support sanctions against Russia – UNIAN

Aleksandar Vucic admitted that the country is suffering huge losses because of this decision. Serbia intends to resist the imposition of sanctions against Russia / photo ua.depositphotos.com Serbia will not support sanctions against the Russian Federation. Belgrade suffers huge losses because of his decision. This was announced by the President of Serbia Aleksandar Vučić on … Read more

Sanctions against Russia – Greece helps Russia bypass sanctions – UNIAN

In total, 190 tankers departed from Russian ports in April Greece helps Russia to circumvent sanctions / photo ua.depositphotos.com Greece helps the Russian Federation to circumvent restrictions on oil exports. Tankers with Russian oil continue to freely enter European ports. Writes about it The world. According to the publication, in April the share of Greek … Read more

European Union Discusses Plans to Gradually Eliminate Russia’s Oil Use as New Sanctions All

BRUSSEL, KOMPAS.com – Uni Europe (UE) will propose ban oil import Russia gradually, as part of a new round of sanctions against the Russian invasion of Ukraine. The European Commission, which drafts sanctions from the bloc, is currently preparing a text that could be submitted to the 27 member states by Wednesday (4/5/2022), diplomats said … Read more

Why does Indonesia want to buy Russian oil when other countries prohibit it?

JAKARTA, KOMPAS.com – Russian President Vladimir Putin has threatened to cut off gas supplies to “unfriendly” countries if they do not pay for gas imports in Russian rubles. The threat came after the United States, European Union and Britain imposed restrictions on oil and gas imports from Russia due to its invasion of Ukraine last … Read more

As a result of the invasion of Ukraine, Russia began to find it difficult to find buyers for oil

MOSCOW, KOMPAS.com – Russia is struggling to find buyers for its oil production, as buyers flee for fear of sanctions or other penalties if they are still dealing with Moscow after the invasion of Ukraine. Even without direct sanctions against its energy industry, Russia is predicted to lose about one million barrels per day (BPD) … Read more