Russia, India
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Russia strikes Ukrainian government building for 1st time
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New sanctions on buyers of Russian oil could disrupt crude flows, energy trader Gunvor's (GGL.UL) global head of research and analysis, Frederic Lasserre, said on Monday.
Secretary Scott Bessent said if the Supreme Court rules against the administration on tariffs, refunding the funds would be “terrible” for the Treasury.
EU imports of Russian fossil fuels totalled EUR 21.9 billion in the third year of the invasion, only a 6% drop in value and a mere 1% fall in volume compared to the previous year.
Chinese rating agency CSCI Pengyuan assigned its highest AAA rating to U.S.-blacklisted Russian oil and gas giant Gazprom on Friday, paving the way for any debt issuance in China's domestic bond market.
A Russian oligarch’s luxury superyacht could be snapped up for a fraction of its £240m value. The US seized the Amadea in 2022 after American authorities said it belonged to sanctioned Russian billionaire Suleiman Kerimov.
On a call with Ukrainian President Volodymyr Zelensky and European leaders, President Donald Trump said that Europe must stop purchasing Russian oil and put economic pressure on China to try to bring about an end to the war in Ukraine,
Sberbank chief German Gref said Russia could soon face recession if the key interest rate is not cut drastically.