The Latest Breaking News from Oleg Ustenko

Ukraine says Shell is taking 'blood money' from a Russian energy company

Ukraine officials accuse Western energy companies of profiting from the war, and have ideas for how to fix it.

Fortune · Apr 19, 2023

Viktor Orbán’s political allies in Hungary in sights of US sanctions

Congress group drafts legislation targeting officials and government supporters, mainly affiliated to Fidesz party

The Guardian - UK · Apr 13, 2023

Shell and Vitol accused of prolonging Ukraine war with sanctions ‘loophole’

Exclusive: Ukrainian economic adviser urges energy firms to heed deadline to halt trade of ‘Russian-origin oil products’

The Guardian - UK · Feb 19, 2023

Russia's nuclear trade with Europe flowing amid Ukraine war

European Union nations are continuing to import and export nuclear fuel that is not under EU sanctions on Russia

The Independent UK · Sep 29, 2022

Brussels promises to cap price of Russian oil after Putin escalation

European Commission also proposes extra curbs on hi-tech trade as part of sanctions to ‘make Kremlin pay’ over Ukraine war

The Guardian - UK · Sep 28, 2022

EU executive proposes eighth batch of sanctions against Russia

The European Union executive proposed on Wednesday an eighth round of sanctions against Russia over its invasion of Ukraine, including tighter trade restrictions, more individual blacklistings and an oil price cap for third countries.

Reuters · Sep 28, 2022

Zelenskyy aide: Ukraine needs funds, expand Russia sanctions

A top Ukrainian government economist says the country's efforts to defend itself from Russia are placing a severe financial burden on the country that it can only bear with the help of outside support cost

The Independent UK · Sep 22, 2022

Russian mobilization hikes urgency of oil price cap -Ukrainian presidential advisor

Russia's first mobilization since World War Two makes more urgent the need for a cap on Russian oil prices to cut off the "blood money" supporting its war in Ukraine, a senior economic adviser to Ukrainian President Volodymyr Zelenskiy told Reuters.

Reuters · Sep 21, 2022

Exclusive: Key Ukrainian adviser says new, $5 billion IMF loan would reassure other creditors

Securing a new $5 billion loan from the IMF would help reassure Ukraine's other creditors that the war-torn country's macroeconomic situation was under control, President Volodymyr Zelenskiy's chief economic adviser told Reuters on Friday.

Reuters · Aug 12, 2022

Russia rallies support in Africa as doubt cast on Ukraine grain deal

Russian foreign minister starts trip in Egypt, one day after Russian strike on Odesa put question mark over deal to restart exports

The Guardian - UK · Jul 24, 2022