The Ukrainian government appears to have begun a parallel effort to punish Russia by publishing the names of Russian soldiers and agents of the F.S.B., a major Russian intelligence agency.Maxim Continue Reading
Senior White House advisor: Europe is determined to ban imports of Russian oil and gas. Yellen: full ban of Russian crude could have unintended consequences to the U.S. economy. Europe’s Continue Reading
Gazprom’s natural gas sales to Europe this year could drop by 40 billion-45 billion cubic meters (bcm) from around 150 bcm in 2021. Supply risk is increasing as the war Continue Reading
Companies in the EU may have discovered a way to pay for Russia’s gas in rubles without violating sanctions, the European Commission said on Friday. The companies would need to Continue Reading
Some members of the European Union stand ready to veto any bloc-wide attempts to impose an oil embargo on Russia, Russia’s TASS reported , citing an interview with the EU Continue Reading
Putin approved new ruble payment scheme March 31 EC warns of legal implications of new mechanism EC sent new guidance to member states April 21 The European Commission believes it Continue Reading
Western sanctions are creating new challenges for Russia in Iraq, according to several industry officials, who said Russian companies have had trouble making and receiving payments and faced hesitancy from Continue Reading
China’s key state-run energy companies are in talks with Shell Plc to buy its stake in a major Russian gas export project, according to people with knowledge of the matter. Continue Reading
Steel boss James Brand raises his voice above the roar of metal being funneled into a foundry furnace as he details how rampant costs have pushed him to raise his Continue Reading
Physical damage to Ukraine’s buildings and infrastructure from Russia’s invasion has reached roughly $60 billion and will rise further as the war continues, World Bank President David Malpass said on Continue Reading
