sanctions against Russia

Russia aiming to ease sanctions after talks with Trump's team in Saudi Arabia

Russia's priority in the upcoming negotiations with the United States in Saudi Arabia will be the lifting of sanctions, according to a report by The Washington Post on Feb. 17, citing a Russian academic close to senior Russian diplomats.

18 February 2025, 10:50 AM

Russia drafts plan to seize ‘unfriendly’ nations’ assets

Russian authorities have drafted legislative changes that could allow the confiscation of frozen funds belonging to foreign companies and investors, Reuters reported on Feb. 7.

7 February 2025, 05:09 PM

EU's 16th sanctions package: No blanket ban on Russian LNG

The European Union's upcoming 16th sanctions package against Russia will not include a complete ban on the import of Russian liquefied natural gas (LNG), Politico reported on Jan. 29, citing two EU diplomats.

29 January 2025, 12:15 PM

EU likely to extend sanctions on Russia for another six months

The European Union is set to extend sanctions on Russia for another six months, Radio Free Europe correspondent Rikard Jozwiak reported on X on Jan. 27.

27 January 2025, 05:58 PM

Trump’s bold oil ultimatum shakes prices, promises to end war immediately

Oil prices dropped on Jan. 27 following U.S. President Donald Trump’s call for OPEC to lower prices after announcing broad measures to boost oil and gas production in the U.S. during his first week in office.

27 January 2025, 12:46 PM

Sanctions sticker shock: Russia’s oil shipping costs to China surge fivefold

The cost of transporting Russian ESPO crude oil to China has risen sharply, now nearly five times higher than before the United States imposed sanctions on Russia’s oil industry in early January, Bloomberg reports.

23 January 2025, 04:15 PM

EU facing potential deadline miss for Russia sanctions renewal due to Orbán's refusal

The European Union faces a potential threat of missing the deadline for renewing sanctions against Russia due to Hungarian Prime Minister Viktor Orbán's refusal to support their extension, Bloomberg reported on Jan. 22.

22 January 2025, 03:15 PM

Schlumberger defies U.S. sanctions, keeps its foothold in Russia’s oil sector

Despite a U.S. ban on oil-related services in Russia under the latest sanctions package, oilfield services giant Schlumberger (SLB) has no immediate plans to exit the country, The Moscow Times reports, citing Financial Times.

20 January 2025, 02:46 PM

Orban urges EU to ditch Russia sanctions

Hungarian Prime Minister Viktor Orban has called on the European Union to abandon sanctions against Russia and rebuild relations with the aggressor state.

17 January 2025, 03:11 PM

EU weighs invoking Belgian king to counter Hungary’s veto on Russia sanctions

EU officials are exploring backup measures, including invoking an 81-year-old wartime decree involving Belgian King Philippe, to safeguard sanctions against Russia after Hungary threatened to veto their extension, the Financial Times reported on Jan. 17.

17 January 2025, 11:49 AM

Biden administration chooses sanctions over terrorism label for Russia, citing greater impact

The Biden administration views sanctions as more effective than labeling Russia a terrorism sponsor, Ukrinform reported on Jan. 16, citing State Department spokesperson Matthew Miller.

16 January 2025, 10:22 AM

US to impose new sanctions on Russia, targeting energy revenues

The United States will soon impose new sanctions on Russia and its energy resources, aiming to cut off revenues used to fund military actions, Deputy Secretary of State Geoffrey Pyatt told Voice of America on Dec. 17.

18 December 2024, 10:55 AM

12 European nations unite to curb Russia's shadow fleet activities

A group of 12 European nations, part of the Nordic-Baltic Eight Plus (NB8+) format, has agreed to enhance monitoring and restrict the activities of Russia's so-called "shadow fleet," according to a joint statement released on Dec. 16.

17 December 2024, 01:01 PM

Hungary successfully lobbies for exclusions in latest EU sanctions against Russia

Hungary has successfully negotiated the exclusion of Patriarch Kirill, the Russian Olympic Committee, and Russia's Permanent Representative to the UN Vasily Nebenzya from the European Union's 15th sanctions package against Russia adopted on Dec. 16.

16 December 2024, 07:52 PM

Russia hikes gas tariffs for population to offset European market loss

Gas prices for Russians have increased by over a third since the start of the war as the Russian government sharply raises tariffs to compensate for Gazprom's budget shortfalls, The Moscow Times reported on Telegram on Dec. 12.

13 December 2024, 02:18 PM

Cyprus fails to revoke 'golden passports' from Putin's inner circle

Nikolai Yegorov, a former classmate of Russian President Vladimir Putin at Leningrad State University, still holds a "golden passport" – the investment citizenship of Cyprus, Novaya Gazeta reported on Dec. 6.

6 December 2024, 06:19 PM

Russia lifts key gas payment demand amid Gazprombank sanctions

Russian dictator Vladimir Putin has allowed foreign companies to pay for gas through intermediaries, lifting the requirement to pay through Gazprombank, which has been under U.S. sanctions since November, The Bell reported on Dec. 5.

6 December 2024, 11:55 AM

Russia's Arctic LNG 2 project nearly halted due to Western sanctions

Russia's Arctic LNG 2 project has nearly halted its gas production due to Western sanctions, Bloomberg reported on Nov. 12. The project, which is one of Russia's largest, saw its gas production drop by over 90% in November 2024.

13 November 2024, 04:28 AM

Zelenskyy implements sanctions against Russian and Belarusian individuals and entities

Ukrainian President Volodymyr Zelenskyy has enacted National Security and Defense Council sanctions against individuals and entities from Russia and Belarus, as outlined in the orders published on the President's Office website on Nov. 12.

12 November 2024, 07:45 PM

Russia partially halts operations at three oil refineries

Russia has partially halted operations at three oil refineries due to difficulties in completing planned maintenance in October, Ukraine's Foreign Intelligence Service reported on Facebook on Nov. 7.

7 November 2024, 03:20 PM

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