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Ostracized by the West, Russia Finds a Partner in Saudi Arabia

As Russia massed troops on its border with Ukraine and invaded the country at the start of the year, Saudi Arabia’s Kingdom Holding Company quietly invested more than $600 million […]




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Russians Face Sanctions and Anxieties of a Costly War

MOSCOW — For two decades under President Vladimir V. Putin, Russians reaped the bounties of capitalism and globalization: cheap flights, affordable mortgages, a plethora of imported gadgets and cars.On Monday, […]




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Shell Quits Russia, Joining BP as Oil Giants Object to Attack on Ukraine

Thane Gustafson, author of “Wheel of Fortune,” an account of the Russian oil industry after the fall of the Soviet Union, recalled that the oil executives who were instrumental in […]