The EU has banned 20 Russian airlines over safety and maintenance issues, according to a press release published on the European Commission’s website on Monday. Russian airlines have already been banned from European airspace as part of sanctions on Moscow over the conflict in Ukraine. Russia’s biggest carriers such as ...
Current and future sanctions on Russia could spawn one of the worst oil supply shocks in history, OPEC Secretary General Mohammed Barkindo warned EU officials on Monday, adding that it would be impossible to replace the volume of oil lost in such an event. Some seven million barrels of Russian ...