Sanctions on Russia

NATO member demands privileges in US sanctions on Gazprombank

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Turkey - a NATO member - is seeking a US sanctions exemption to continue paying for Russian gas.

EU receives bitter fruit from new US sanctions on Russia

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The latest US sanctions on Russia will affect the European Union (EU), according to the expert.

US sanctions Russian bank last linked to SWIFT

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Russia's last major bank with access to the international payment system SWIFT has just been sanctioned by the US.

Russia reveals retaliation for Western asset seizures

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The West has frozen $300 billion in Russian assets since the Ukraine conflict escalated in February 2022.

EU ties itself with sanctions on Russia

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Russia believes the EU can hardly survive without cooperation with Russia and the EU has basically "tied itself up" with Moscow sanctions.

WB raises Russia's economic growth forecast

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Russia's economy is expected to grow 3.2% this year, higher than the World Bank's previous forecast.

Russian billionaire: Western sanctions counterproductive

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Western sanctions against Russia have delivered the opposite result to expectations, according to billionaire Alisher Usmanov.

Russia bustles to welcome the return of luxury Western brands

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Many Western luxury brands want to restore operations in Russia as soon as possible.

Russia's first gas shipment from sanctioned project suspected

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Russia appears to be loading the first batch of gas from the sanctioned Arctic LNG 2 project onto a cargo ship.

EU finalizes the case of Ukraine blocking Russian oil flows

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The European Commission refused to open official talks with Ukraine after Hungary and Slovakia accused the country of violating a 2014 trade deal.

EU retaliates against Ukraine for cutting off Russia's oil valve

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Slovakia will stop supplying diesel to Ukraine unless it resumes transportation of Russian oil.

ASEAN countries suddenly seek to buy Russian oil

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Russian oil is being sought by Indonesia for the first time in more than 10 years.

Western sanctions war enters a dead end

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Russia is still making a living from oil and gas despite unprecedented sanctions from the West.

Russia announces spectacular oil and gas revenue in the first half of 2024

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Russia's oil and gas revenue skyrocketed by 41% in the first half of 2024.

Russian court heavily fines Western banks

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A Russian court fined Italy's UniCredit bank $480 million for a failed gas project.