March-loading Urals crude is traded at a discount of about $13 against ICE Brent on a delivered ex-ship basis versus a discount of $7 two months ago.

Source: https://www.channelnewsasia.com/business/chinas-state-owned-refiners-resume-russian-urals-crude-imports-3279341?cid=cna_flip_070214

“On balance, we expect recent policy rate hikes will curb local demand, limiting imports, while the recent rise in the price of Urals should help to stabilize the ruble,” said Marek Raczko, foreign currency strategist at Barclays in London.

Source: https://businessmirror.com.ph/2023/11/19/ruble-bends-to-putins-will-in-nod-to-wartime-election-economics/?utm_source=rss&utm_medium=rss&utm_campaign=ruble-bends-to-putins-will-in-nod-to-wartime-election-economics

Prices for Russian Urals grade crude are rallying beyond an internationally agreed price cap of $60 per barrel, but the ruble spiked to more than 102 to the dollar on Tuesday.

Source: https://www.politico.eu/article/russia-central-bank-economy-schedules-unexpected-rate-meeting-to-curb-ruble-slide/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication

Russia's Federal Security Service (FSB) said on March 30 it had detained Gershkovich in the Urals city of Yekaterinburg and had opened an espionage case against him for collecting what it said were state secrets about the military industrial complex.

Source: https://www.perthnow.com.au/news/crime/russia-charges-us-reporter-with-espionage-c-10284231