Sanctions on Russia

EU faces risk of being sued by Kyrgyzstan over sanctions against Russia

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Kyrgyzstan declares readiness to bring the EU to court if it is subject to secondary sanctions related to allegations of re-exporting goods to Russia.

President Trump wants to lift sanctions against Russia

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President Trump expects to ease sanctions against Russia as a key condition in a peace agreement to soon end the conflict in Ukraine.

Russian businesses circulate 8 billion USD through UK "tax havens

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Transparency International released a report showing that Russian businesses have used British islands to maintain vital trade routes.

Hungary blocks Russia sanctions package, forces Ukraine to re-supply oil

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Hungary announced it would blockade the EU's 20th package of sanctions against Russia until Ukraine resumes crude oil supplies.

90 billion USD of Russian oil flows through a network of 48 mystery companies

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A network of 48 "disguised" companies participating in Russian oil exports with a total value of over 90 billion USD has just been discovered.

Russian oil and gas revenue hit bottom before US-EU sanctions grip

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Russia's energy export revenue is falling sharply to its lowest level in many years due to new sanctions from the US and EU.

Russia surprised by US oil and gas sanctions

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Foreign Minister Lavrov affirmed that Russia was surprised when the US sanctioned Lukoil and Rosneft immediately after the positive negotiations in Alaska.

Russia - US oil dispute, Germany suffers the consequences

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The PCK oil refinery is owned by a Russian corporation, operated by Germany, but may be "squeezed" by the US with sanctions.

Russian oil giant may have to end its ambition to go further

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The potential agreement to sell assets to the US fund Carlyle may force Lukoil to close its globalization strategy, marking a major turning point for the Russian oil giant.

Series of oil tankers register Russian nationality to evade US sanctions

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Dozens of oil tankers have rushed to change to Russian nationality to seek safe protection from Moscow due to fears after the arrest of the super ship Skipper.

EU announces heavy losses after years of sanctions against Russia

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Newly released data from Eurostat exposes the huge price that the EU has to pay after years of imposing sanctions on Russia.

US businesses plan to acquire global oil and gas assets of Russia

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Two US businesses are secretly preparing a deal to acquire all international assets of Russian oil and gas corporation Lukoil.

Secrets to help Russia export gas amidst sanctions

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Amidst the US sanctions, Russia still maintains LNG exports from the Arctic LNG 2 project thanks to a single icebreaker.

US unexpectedly exempts sanctions on Russian-owned oil refinery

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The oil refinery owned mostly by Russia in Serbia is temporarily exempted from sanctions by the US.

US major bank loses $1.2 billion after leaving Russia

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US banking group Citigroup admits to losing more than 1 billion USD after withdrawing from Russia.