In a statement Germany’s German economy and climate protection minister Robert Habeck said, energy ministers from the Group of Seven industrialized countries have rejected demands by Russian President Vladimir Putin to pay for Russian gas in Rubles. “All G7 ministers… Read More ›
According to numerous property companies, wealthy Russians are pouring money into real estate in Turkey and the United Arab Emirates, seeking a financial sanctuary in the aftermath of Moscow’s invasion of Ukraine and Western sanctions. “We sell seven to eight… Read More ›
Since March, when Russia’s invasion of Ukraine began, there has been a “substantial increase” in Russian oil deliveries to India, according to industry observers, and New Delhi seems prepared to acquire much more cheap oil from Moscow. According to them,… Read More ›
Late on Sunday, Russian energy giant Gazprom said, supply of liquid natural gas to Europe via Ukraine in line with requests from European consumers is continuing. LNG requests stood at 109.6 million cubic metres (mcm) for March 27, slightly up from… Read More ›
Late on Sunday, German Chancellor Olaf Scholz said, Germany is considering purchasing a missile defense system to shield against a potential Russian attack. “This is certainly one of the issues we are discussing, and for good reason,” said Scholz. He… Read More ›
According to data revealed recently, Russians have hurried to stock up on antidepressants, sleeping pills, and contraceptives, among other things, since the conflict in Ukraine began, with many purchasing a month’s worth of medicine in just two weeks. Although official… Read More ›
An industry association warned on Friday that Russia is looking to China, India, Iran, and Turkey to fill the void left by the exit of western retail corporations, as Moscow struggles to find methods to counteract its growing isolation in… Read More ›
The United States and the European Union have struck a big agreement on liquefied natural gas in an effort to reduce Europe’s reliance on Russian energy. The agreement calls for the US to supply the EU with additional gas by… Read More ›
In a significant development, the European Union and the United States have signed a deal, which sees Washington supplying liquefied natural gas (LNG) to Europe. Russia’s invasion of Ukraine has pushed already high LNG prices to record high and has… Read More ›
A day after Russia ordered LNG purchasers from unfriendly countries to pay for Russian LNG deliveries in Rubles, German utilities opined that Germany needed an early warning system to tackle any potential gas shortages raising the risk of a supply… Read More ›
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