Supply Chain | Ukraine/Russia Conflict
Ukraine Pauses All Exports of Gas & Coal
June 23, 2022 – Ukraine has announced a suspension of all exports of natural gas, coal and oil as a result of Russia’s invasion of Ukraine. In a statement released by Ukrainian President Vladimir Zelensky, the suspension of these commodities come in anticipation of a…
Event | Industry News | Ukraine/Russia Conflict
List of Companies Ending Their Business with Russia
Under pressure from investors and consumers, a growing number of companies are unwinding their investments within Russia: closing stores, pausing sales and services, temporarily cutting ties, or suspending shipments. Here’s a look at some companies from various electronics, automotive, and tech industries that have suspended,…
Event | Industry News | Ukraine/Russia Conflict
European Union Bans Russian Crude Oil
On Monday, May 30, 2022, European Union leaders banned the import of Russian oil to their entire 27 member nations. Over two-thirds of all Russian oil exports go to the EU and would be a devastating blow to the Russian economy. 90% of all…