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EU adopts a new package of sanctions targeting Russia’s energy infrastructure

EU adopts a new package of sanctions targeting Russia’s energy infrastructure

by AIP Online Bureau | Oct 26, 2025 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance

Along with a full transaction ban on two major Russian oil companies, Rosneft PJSC and Gazprom Neft PJSC, and sanction 117 additional so-called shadow fleet vessels, which have enabled Russia to evade previous measures, the EU package goes after 45 entities that have...
India steel exports face EU carbon tax hit, US tariffs impact minimal, offic says

India steel exports face EU carbon tax hit, US tariffs impact minimal, offic says

by AIP Online Bureau | Sep 17, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

Indian steel is predominantly produced using blast furnaces, where emissions are high, Sandeep Poundrik, steel secretary , said, adding that further addition of blast furnace capacity is an area of concern New Delhi: India’s steel industry will not see much...
US calls on G7, EU to impose tariffs on China, India over Russian oil purchases

US calls on G7, EU to impose tariffs on China, India over Russian oil purchases

by AIP Online Bureau | Sep 14, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

A U.S. Treasury spokesperson called on G7 and European Union allies to impose “meaningful tariffs” on goods from China and India to pressure them to halt their purchases of Russian oil WASHINGTON: Group of Seven nations’ finance ministers discussed...
What’s in the EU’s 18th sanctions package against Russia?

What’s in the EU’s 18th sanctions package against Russia?

by AIP Online Bureau | Jul 22, 2025 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance, Risk Management

Central to the package is a lower price cap on Russian oil – a move designed to shrink Moscow’s energy revenues without disrupting global markets by severing Russian supply entirely. Here are the details of the European Union’s 18th package of sanctions against Russia...
EU adopts a new package of sanctions targeting Russia’s energy infrastructure

EU imposes sanctions on Rosneft’s India refinery, lowers oil price cap

by AIP Online Bureau | Jul 18, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

“For the first time, we’re designating a flag registry and the biggest Rosneft refinery in India,” EU foreign policy chief Kaja Kallas said in a post on X. Other measures adopted by EU include sanctions on dozens more vessels in Russia’s shadow...
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