Habeck Says Germany Will Nationalize Gazprom Unit Germany will temporarily take control of a unit of Gazprom PJSC in the country as it seeks to safeguard security of gas supply. Continue Reading
European Union envoys are set to approve on Thursday a ban on Russian coal that would take full effect from mid-August, a month later than initially planned, two EU sources Continue Reading
U.S. Treasury Secretary Janet Yellen said on Wednesday that sanctions imposing a full ban on Russian oil exports would likely result in “skyrocketing” global prices that would hurt the United Continue Reading
Russian coal and oil paid for in yuan is about to start flowing into China as the two countries try to maintain their energy trade in the face of growing Continue Reading
Can Sanctions Really Stop Putin’s War? In the days after the Ukraine war began, the ruble’s collapse was a potent symbol of Russia’s newfound financial isolation. International sanctions on Vladimir Continue Reading
Russian coal producers may struggle to redirect volumes to Asian markets if the EU proceeds with a threatened total import ban, analysts and industry participants said. EU diplomats were this Continue Reading
StalkEgypt, often the world’s top wheat buyer, saw a rise in imports of the grain from Russia in March despite supply and payment disruptions following its invasion of Ukraine that Continue Reading
India’s foreign minister said on Wednesday the government is working to stabilize economic transactions with Russia, a day after India condemned the killings of civilians in Ukraine and called for Continue Reading
India on Tuesday condemned the killings of civilians in Ukraine’s Bucha and called for an independent investigation, having earlier declined to explicitly criticise the invasion of Ukraine by its long-time Continue Reading
The European Commission on Tuesday proposed sweeping new sanctions against Russia, including banning Russian coal imports in retaliation over alleged civilian killings in Ukraine. read more The sanctions may have Continue Reading
