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

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...

EU may sanction Russia’s Ingosstrakh Insurance

by AIP Online Bureau | May 30, 2024 | International News, Regulation, Reinsurance, Risk Management

The G-7 price cap on Russian crude oil and petroleum products bans western shipowners, insurers and intermediaries from providing vessels and services for cargoes priced above the thresholds. The restrictions prompted a pivot away from western insurance and a need for...

Ukraine Invasion: Russia’s ultra-rich count cost of $83 bn wealth wipeout

by AIP Online Bureau | Mar 1, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

Russia’s $1.5 trillion economy is already reeling from sanctions that targeted key banks and may prevent Putin from accessing the bulk of more than $640 billion in central bank reserves. Those restrictions have roiled the nation’s markets and are having a knock-on...
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