sanctions on Russia

European powers mull new Russia sanctions

Foreign ministers of Ukraine’s key European partners are weighing new sanctions against Russia to force a ceasefire, Reuters reported on March 31.

1 April 2025, 01:05 AM

War crashes Russia’s industrial output by 29 times

Russia’s industrial growth crashed to 0.2% in February, down 29 times from last year’s Q4, driven by war and sanctions, the Center for Countering Disinformation under Ukraine’s National Security and Defense Council reported on Telegram on March 29.

29 March 2025, 05:45 PM

EU insists on full Russian exit from Ukraine before lifting sanctions

The European Commission will only lift sanctions on Russia if all its troops withdraw from Ukraine, spokesperson Anitta Hipper said on March 27, rejecting Kremlin demands for relief tied to a ceasefire, according to news agency Interfax-Ukraine.

27 March 2025, 09:37 PM

EU lists key condition for removing sanctions on Russia

Lifting sanctions on Russia hinges on the cessation of its aggression and the full withdrawal of its troops from Ukraine, the European Commission’s spokesperson, Anitta Hipper, stated on March 26.

26 March 2025, 05:48 PM

Energy giants eyeing swift Russia return as sanctions talks progress

Major energy trading firms are signaling openness to resuming operations in Russia if sanctions are fully lifted, a prospect gaining traction amid U.S.-Russia-Ukraine peace talks in Saudi Arabia, Bloomberg reported on March 25.

26 March 2025, 02:55 PM

Black Sea truce, Kremlin gains

The ceasefire agreement brokered by the United States during talks in Saudi Arabia is expected to have limited impact on the war and instead may serve as a reward to Moscow, The Times reported on March 25.

26 March 2025, 12:44 PM

As peace talks stall, Russian oil flows surge

Russia’s oil exports climbed to a five-month high, Bloomberg reported on March 23, 2025, with crude flows averaging 3.45 million barrels per day over four weeks as US-brokered ceasefire talks over the war in Ukraine continue to stall.

26 March 2025, 11:15 AM

Putin’s ally aims to sneak Russian gas into Europe as Uzbek

Ukrainian security sources have exposed a scheme by Russian billionaire Gennady Timchenko, a close Putin ally, to disguise Russian gas as Central Asian and sell it to the EU, using Uzbek businessman Bakhtiyor Fazilov as a front, sources told NV on March 26.

26 March 2025, 10:55 AM

Russia’s Rosneft nets trillion-ruble profit in 2024

Rosneft, Russia’s largest oil firm, posted a net profit of 1.34 trillion rubles ($14.5 billion) in 2024, down 14.4% from 2023, yet still surpassing the trillion-ruble mark despite ongoing Western sanctions, The Moscow Times reported on March 21.

21 March 2025, 04:35 PM

US urges EU involvement in Ukraine peace talks as Russia seeks sanctions relief

The United States wants the European Union to take part in peace talks on the war in Ukraine, warning that Russia is pushing for sanctions relief as part of any deal, Bloomberg reported on March 18, citing sources.

19 March 2025, 01:08 PM

Putin’s costly obsession: How years of fixation on Ukraine crippled Russia’s economy

Russia’s economy is on the brink of collapse after more than a decade of sanctions and war, driven by Vladimir Putin’s obsession with Ukraine, economist and business leader Ruslan Shostak wrote in NV Business on March 17, warning that even with potential support from U.S. President Donald Trump, the damage has pushed Russia dangerously close to the point of no return.

19 March 2025, 12:13 AM

Trump’s power play: Why the EU won’t ban Russian liquefied gas

The European Union has not introduced new sanctions against Russian LNG imports and is delaying plans for a full phase-out of Russian fuel due to uncertainty surrounding an energy deal with the United States, Politico reported on March 17.

17 March 2025, 12:45 PM

G7 urges reliable security guarantees for Ukraine, dodges new Russia sanctions

The draft communiqué of the G7 foreign ministers meeting in Canada does not mention possible new sanctions against Russia, but stresses the importance of providing reliable security guarantees for Ukraine to be able to deter and defend itself against future aggression, Reuters reported on March 14.

14 March 2025, 10:50 AM

EU still unable to agree on extending Russia sanctions

EU ambassadors have failed to agree on extending sanctions against Russian nationals during their meeting on March 13, Ukrainian public broadcaster Suspilne reported, citing a senior EU diplomat.

13 March 2025, 11:26 PM

Kremlin loses billions as Russia’s oil income plummets in February

Russia saw a significant decline in oil and petroleum product export earnings in February 2025, down $2.44 billion or 15.5% from January 2024 to $13.28 billion, and $2.61 billion less than February 2024, The Moscow Times reported on March 12.

13 March 2025, 03:13 PM

Russia must feel economic pain if ceasefire rejected, says Senator Graham

Escalated sanctions should be imposed on Russia if the Kremlin spurns a 30-day ceasefire proposal agreed to by Ukraine and the United States, Republican Senator Lindsey Graham said in a post on X on March 11.

12 March 2025, 04:55 PM

Trump threatens Russia with major sanctions over ongoing attacks on Ukraine

Russia is “absolutely pounding” Ukraine on the battlefield, prompting U.S. President Donald Trump to consider imposing severe sanctions and tariffs on Moscow, he said in a post on Truth Social on March 7.

7 March 2025, 07:24 PM

Russian industrial giant linked to Deripaska eyes rare-earth metal production despite sanctions

Russian aluminum giant Rusal plans to launch a pilot production facility for scandium oxide with an annual capacity of 1.5 tons, The Moscow Times reported on Feb. 27.

27 February 2025, 01:06 PM

Hungary’s secret list: eight Russians it wants off EU sanctions

Investigators from the television channel Nastoyashchee Vremya and the Russian service of Radio Free Europe/Radio Liberty, as part of the Systema project, have identified the individuals Hungary is attempting to exclude from the EU sanctions list.

26 February 2025, 06:11 PM

Canada expands sanctions against Russian individuals and entities linked to aggression

Canada introduced a new package of sanctions targeting Russian individuals and entities, applying to 76 individuals and organizations both inside and outside Russia that support its aggressive actions, according to an announcement published on the Canadian government’s website.

25 February 2025, 12:57 PM

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