In a statement on Tuesday, the Kremlin said, Russian President Vladimir Putin has signed a decree on retaliatory economic sanctions in response to “unfriendly actions of certain foreign states and international organisations”. The kremlin did not shed light on which… Read More ›
As per two Russian sources, Moscow plans on keeping the contract currency for gas exports to Europe unchanged but will seek final payment in roubles as one of the options to switch the currency of gas trade. “Only payment currency… Read More ›
As per a report by Russian daily Kommersant, Russian energy giant Gazprom is weighing options to halt gas supplies to “unfriendly” countries and is evaluating possible consequences. Earlier, Russian President Vladimir Putin has said, Moscow will soon require “unfriendly” countries to… Read More ›
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 ›
In a statement Russian President Vladimir Putin said, unfriendly countries will have to pay for gas in rubles. Following the announcement European gas prices soared since the move will exacerbate the region’s energy crunch. Western nations led by the United… Read More ›
On Friday, Australia imposed sanctions on two Russian oligarchs with links to its mining industry, with one of them connected with an investment to Rio Tinto’s Gladstone alumina refinery joint venture. In a statement Australian Foreign Minister Marise Payne said,… Read More ›
As per a report from the Wall Street Journal, a few U.S. hedge-funds which have investments from Russian oligarch Roman Abramovich have been told to freeze his assets after Britain imposed sanctions on him. Britain has frozen his assets and… Read More ›
A senior member of Russia’ ruling party has called for nationalising all foreign-owned factories that have closed operations in the country over what Russian President Vladimir Putin termed as a special military operation in Ukraine to cleanse it of Neo… Read More ›
In a statement U.S. President Joe Biden said, the United States would ban the import of Russian crude oil as well as other energy imports in retaliation to its invasion of Ukraine. “We’re banning all imports of Russian oil and… Read More ›
On Sunday, a spokesperson for Israeli Prime Minister Naftali Bennett said, the Prime Minister has again had talks with Ukrainian President Volodymyr Zelenskiy today marking their third conversation in two days. The spokesperson did not provide any further details. On… Read More ›
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