Tax quirk sees Russia buy diesel from China and South Korea
![]() 2224 Friday, 15 May, 2020, 19:15 Rare cargoes of diesel from China and South Korea have started to arrive in Russia due to a quirk in Russia's tax system which is making fuel shipments from abroad more profitable, data from traders and Refinitiv Eikon showed on Thursday. Because of a local tax scheme, Russian oil firms are due to make higher payments to the government despite a slump in oil prices due to excess supplies and the economic fallout from the coronavirus pandemic. |
Brazil vows to match US tariffs after Trump threatens 50% levy
349Yesterday, 19:04Slovakia maintains veto on new package of EU sanctions against Russia
60009.07.2025, 20:46President Trump announces new tariffs on Kazakhstan, citing trade imbalance
98007.07.2025, 22:58"Flight cancellations cost airlines more than $250 million". #Kommersant
88507.07.2025, 15:35"Trump's BRICS Policy Has No Future" - Chinese Foreign Ministry
88407.07.2025, 12:59"A 10% additional tariff will be imposed on countries that support BRICS" - Trump
76807.07.2025, 11:10House sends GOP’s ‘big, beautiful bill’ to Trump’s desk in major win for Republicans
116504.07.2025, 00:16Canada transfers US$1.7bn in revenues from frozen Russian assets to Ukraine
138830.06.2025, 21:40