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Despite international sanctions, Russian energy sales have increased in value, and its exports have expanded with new financing options and payment methods for international buyers. According to the Institute of International Finance, "Russia is swimming in cash", earning $97 billion from oil and gas sales through July 2022. According to a ...
The US, UK, and EU have all levied heavy sanctions on Russian shadow fleet vessels in recent months as part of an effort to hamper Russian oil exports and hinder the country's ability to fund its ...
BRUSSELS (Reuters) -The European Union renewed its wide-ranging sanctions on Russia on Monday for another six months after Hungary stopped holding up the move in return for assurances about energy ...
Sanctions on Russia ‘might not be having the impact the West had hoped’
Russia's economic pain will intensify this year, according to the Atlantic Council. The think tank said Russia is feeling the full effects of sanctions after nearly three years of war. Continued ...
Russia has imposed personal sanctions against 54 British citizens, including officials, journalists and law enforcement representatives, the Russian Foreign Ministry said on August 18, 2023.The decision was taken "in response to London's hostile anti-Russian course," and unilateral sanctions imposed against Russian citizens and economic ...
BRUSSELS (Reuters) -The European Union has adopted a 15th package of sanctions against Russia over its invasion of Ukraine, including tougher measures against Chinese entities and more vessels ...
NEW DELHI/LONDON (Reuters) -The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S. Treasury document circulating among traders in ...