Russia's assistance to Italy in the fight against coronavirus is a geopolitical and diplomatic project of Vladimir Putin, 80% of the supply of Russian equipment is useless in contrast to Chinese supplies, wrote Italian newspaper La Stampa with reference to unnamed high-ranking political sources.

"Among Russian supplies, 80% are absolutely useless or of little use for Italy. In short, it is little more than a pretext," the newspaper quoted one of the interlocutors as saying.

The newspaper …

Russian oil giant Rosneft announced that it is resuming oil supplies to Belarus on the terms initially requested by Minsk, that is with a premium of $5 per ton, reported the news agency Interfax with reference to the representatives of the company.

"The company confirms that the decision to resume deliveries to Belarus was made on the terms that we initially offered to the Belarusian side, that is, with a premium of $5 per ton," the representative of the Russian company said.

Belarus has been …

China has taken advantage of falling demand for oil in Europe amid a coronavirus pandemic to replenish its reserves with oil from Russia. According to traders, China has already purchased 1.6 million tons of Russian oil for shipping by sea in the next four weeks, Reuters reported. At the same time, the Chinese are enjoying not only a drop in demand for oil in Europe, but also low prices for Russian raw materials.

According to traders, Russian oil companies are quite happy with orders from …