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Business News/ News / World/  US bans Russian oil as Ukrainians flee cities
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US bans Russian oil as Ukrainians flee cities

Ukraine has suffered about $10 billion in damage to infrastructure since Russia invaded the country, Infrastructure Minister Oleksander Kubrakov said on Monday

Ksenia Pavliuk (R) and a volunteer unload a train bringing international aid to Kyiv's central railway station on March 3, 2022. (AFP)Premium
Ksenia Pavliuk (R) and a volunteer unload a train bringing international aid to Kyiv's central railway station on March 3, 2022. (AFP)

Russia’s invasion of Ukraine has entered its 13th day today. On Monday, Russia announced yet another ceasefire and humanitarian corridors to allow civilians to flee Ukraine

08 Mar 2022, 10:36:15 PM IST

In nod to Russia, Ukraine says no longer insisting on NATO membership

President Volodymyr Zelensky said he is no longer pressing for NATO membership for Ukraine, a delicate issue that was one of Russia's stated reasons for invading its pro-Western neighbor.

08 Mar 2022, 10:35:38 PM IST

UK to phase out Russian oil imports by end of 2022

Britain will phase out imports of Russian oil and oil products by the end of 2022, Prime Minister Boris Johnson said on Tuesday, joining other nations including the United States in reducing their energy dependency on Russia.

08 Mar 2022, 10:13:04 PM IST

Russia to keep stock market trading largely suspended on Wednesday

Russia's central bank has decided to keep stock market trading on the Moscow Exchange largely suspended again on Wednesday, keeping only a limited range of operations, it said in a statement on Tuesday.

08 Mar 2022, 10:08:04 PM IST

CERN suspends Russia's observer status

The international scientific laboratory that is home to the world’s largest atom smasher says it is suspending Russia’s observer status and halting any new collaboration with Russia or its institutions “until further notice."

08 Mar 2022, 10:02:10 PM IST

Ban on Russian oil imports decided 'in close consultation' with allies

Biden says ban on Russian oil imports decided 'in close consultation' with allies

08 Mar 2022, 10:00:21 PM IST

Biden announces US ban on Russian oil imports

U.S. President Joe Biden on Tuesday announced a U.S. ban on Russian oil and other energy imports, ramping up a pressure campaign on Moscow in retaliation for the invasion of Ukraine.

08 Mar 2022, 09:43:09 PM IST

Over 60 Ukrainian hospitals out of action after Russian attacks

Sixty-one hospitals in Ukraine are not operational because of attacks by Russian forces, Health Minister Viktor Lyashko said on Tuesday.

08 Mar 2022, 09:18:49 PM IST

2,000 to 4,000 Russian soldiers killed in Ukraine

Pentagon estimates 2,000 to 4,000 Russian soldiers already killed in Ukraine

08 Mar 2022, 06:31:04 PM IST

UK says visa centre for Ukrainians being set up in France

The UK government on Tuesday said it was setting up a visa centre for Ukrainian refugees in northern France, after confusion and anger that some were being turned away.

08 Mar 2022, 06:09:49 PM IST

NATO says Russia's war must not escalate beyond Ukraine

NATO Secretary-General Jens Stoltenberg said on Tuesday there were credible reports that Russia was targeting civilians in Ukraine and urged Moscow to end the conflict, also vowing not to let it spread.

08 Mar 2022, 05:15:25 PM IST

Russian forces' advance in Ukraine has slowed

The advance of Russian forces in Ukraine has slowed significantly and Ukrainian forces are counter-attacking in some areas, Ukrainian presidential adviser Oleksiy Arestovych said on Tuesday.

08 Mar 2022, 04:36:14 PM IST

Shell says it will stop buying Russian oil, natural gas

Energy giant Shell says it will stop buying Russian oil and natural gas as well as shut down its service stations and other operations in the country amid international pressure for companies to sever ties over the invasion of Ukraine.

08 Mar 2022, 04:31:50 PM IST

Ukraine says Russia is shelling evacuation route from encircled Mariupol

Russian forces shelled an evacuation route for civilians trapped in the besieged city of Mariupol in violation of a ceasefire agreement on Tuesday, Ukraine foreign ministry spokesperson Oleg Nikolenko said on Twitter.

08 Mar 2022, 04:27:55 PM IST

Zelenskyy accuses West of not approving decision to save Ukrainian cities from bombs

Zelensky says, "While Russians are to blame for the killings, responsibility is shared by those, who for 13 days in their Western offices, haven’t been able to approve an obviously necessary decision, who didn’t save our cities from these bombs and missiles although they can."

08 Mar 2022, 03:07:38 PM IST

Apple disables spring presentation stream in Russia

Apple has disabled its spring presentation for Russians on its official website and YouTube channel.

08 Mar 2022, 03:06:46 PM IST

French President Macron calls for respect to Russia, its people

French President Emmanuel Macron said on Tuesday that Russia and its people should be treated with respect amid the Ukraine crisis because a long-lasting peace is impossible without Russia's participation.

08 Mar 2022, 03:04:09 PM IST

Russia calls for return to 'peaceful co-existence' with US like during Cold War

Russia and the United States should return to the principle of "peaceful co-existence" like during the Cold War, the Interfax news agency cited the Russian foreign ministry as saying on Tuesday.

08 Mar 2022, 02:59:53 PM IST

Ukraine refugees to top 2 mn 'today' or 'tomorrow'

The number of refugees fleeing the war in Ukraine is expected to top two million in the next two days, the head of the UN refugee agency said Tuesday.

08 Mar 2022, 02:50:33 PM IST

Ukrainian video shows evacuation underway in safe corridor

Buses packed with people fleeing the Russian invasion in Ukraine began a procession along a snowy road out of one city Tuesday, as a new effort to evacuate civilians along safe corridors finally got underway.

08 Mar 2022, 02:01:00 PM IST

Humanitarian corridors

Russia has opened "humanitarian corridors" to evacuate people from Kyiv, Cherhihiv, Sumy, Kharkiv and Mariupol, the Interfax news agency quoted the Russian defence ministry as saying on Tuesday.

The defence ministry added that Russian forces in Ukraine had introduced a "silent regime" from 0700 GMT, Interfax reported.

08 Mar 2022, 12:56:46 PM IST

At least nine dead in bombing of Ukraine city Sumy

At least nine dead in bombing of Ukraine city Sumy, reports AFP news agency quoting rescuers

08 Mar 2022, 10:41:49 AM IST

Nissan plans to halt production in Russia

Japanese automaker Nissan is planning to halt production at its plant in Russia because of “logistical challenges."

Nissan Motor Co. did not provide a specific date but said Tuesday production will stop “soon." Its plant in St. Petersburg produced 45,000 vehicles last year, including the X-Trail sport utility vehicle.

08 Mar 2022, 09:53:54 AM IST

Ukraine says Russian general killed

Russian general was killed in the fighting around Kharkiv, Ukraine’s second-largest city, which Russian forces have been trying to seize since the invasion began, the Ukrainian military intelligence agency said.

It identified him as Maj. Gen. Vitaly Gerasimov, 45, and said he had fought with Russian forces in Syria and Chechnya and had taken part in the seizure of Crimea in 2014.

08 Mar 2022, 07:51:39 AM IST

India reiterates urgent demand for safe passage for all civilians, including Indians

Despite our urgings to both sides, safe corridor for our students stranded in Sumy did not materialize: India’s UN Ambassador tells UNSC

08 Mar 2022, 07:12:07 AM IST

Flight carrying 200 Indian evacuees from Ukraine lands in Delhi

A special flight, carrying 200 Indian evacuees from Ukraine, lands in Delhi from Suceava in Romania.

08 Mar 2022, 07:09:50 AM IST

Indians stock up cooking oil fearing shortages

Indians are stocking up vegetable oil and fuel, fearing that Russia's invasion of Ukraine may cause an edible oil shortage, while a rally in global crude oil prices may lead New Delhi to aggressively raise fuel prices as elections conclude in key states. Read more

08 Mar 2022, 07:02:44 AM IST

Russia warns on oil import ban as little progress is made at Ukraine talks

A Western ban on Russian oil imports may more than double the price to $300 a barrel and prompt the closure of the main gas pipeline to Germany, Moscow warned on Monday, as talks on Ukraine hardly advanced amid efforts to agree on civilian safe passage.

Russia's invasion, the biggest attack on a European state since World War Two, has created 1.7 million refugees, a raft of sanctions on Moscow, and fears of wider conflict in the West unthought-of for decades.

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