Russia, European Union

EU vessel sanctions weigh on Russian grain exports, central bank says
The European Union's sanctions on vessels transporting Russian grain, along with Turkey's wheat import ban, impacted Russian grain exports at the end of 2024, the country's central bank said on Thursday.
EU Agrees to Extend Russia Sanctions as Hungary Backs Down
European Union foreign ministers agreed on Monday to extend sanctions on Russia over its war against Ukraine after Hungary lifted its opposition to the move.Budapest had been stalling the decision since December when Prime Minister Viktor Orban told EU leaders he wanted to wait for Donald Trump’s inauguration before deciding whether to agree to roll over the restrictions.
EU lets Russian LNG slip in new sanctions package
Separate from LNG, the sanctions package will propose penalties on more aging oil-exporting tankers operating as part of Russia’s so-called shadow fleet, the diplomats added. The EU will target 74 new vessels, two other EU diplomats said.
EU proposes bans on aluminium, video game consoles in new Russia sanctions
The European Commission proposed banning imports of Russian primary aluminium imports and restricting sales of video game consoles to Russia in a 16th package of sanctions over its invasion of Ukraine,
Kyiv drones hit Russian oil pumping station; EU proposes sweeping new sanctions package on Moscow
An overnight Ukrainian drone attack hit Russia’s Andreapol oil pumping station, part of the oil export route via the Baltic Sea port of Ust-Luga, causing a fire and oil products to leak, said a source in the Security Service of Ukraine on Wednesday.
Russia oil sanctions create different winners at different times
The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating ...
Trump’s Russia sanctions might be what finally works
Just one week into his presidency, U.S. President Donald Trump has hinted at his approach to U.S. sanctions on Russia. First, ...
Ukraine launches new drone attacks on Russian oil refineries
MOSCOW - An oil refinery in Russia's southern Volgograd region caught fire after an overnight Ukrainian drone attack, but the blaze has now been put out, the regional governor said on Friday. Read ...
Russia's Feb oil exports from western ports seen down 8% m/m as sanctions bite
Russia's crude oil exports from its western ports in February are set to fall by 8% versus January's plan as Moscow increases ...
Asia Grabs Europe’s Oil After Russia Sanctions Redraw Trading
Millions of barrels of oil that would normally be preserve of oil refineries in Europe are instead heading to Asia as US ...
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Fortune Hunting: Russia and Sanctions Evasion
Given the sheer volume of missiles fired into Ukraine, many experts and military analysts have speculated that Russia soon ...
Joe Biden Trump-Proofs Russia Sanctions in Parting Shot
In his final week in the White House, the president has made it much more difficult for his successor to undo Russian ...
EU prolongs its Russia sanctions for 6 months after Hungary lifts its objections
The European Union has agreed to prolong for 6 months a raft of sanctions aimed at depriving Russia of funds to finance its ...
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Russia and Iran sign a partnership treaty to deepen their ties in the face of Western sanctions
The presidents of Russia and Iran have held talks in the Kremlin before the signing of a broad cooperation pact to deepen ...
China Is Quietly Taking Over Russia's Tech Market
Once a global leader in cryptocurrency mining, China banned the activity in 2021, citing financial and environmental concerns ...