Gazprombank, Russia’s key bank that handles European gas payments, has reportedly declined several payment attempts for April and May gas deliveries to Germany and Austria even though they were made through a ruble account. The bank rejected the transaction because the attempted payments came from a former Russian trading firm that was nationalized in Germany, people familiar with the matter told Bloomberg.
The Gazprom Marketing & Trading Limited (GM&T) had been controlled by Russia’s Gazprom Germania Group before April 4, when Berlin’s Economy Minister Robert Habeck announced that the subsidiary would come under the trusteeship of the German energy regulator until September 30.
Israel is willing to pause its military offensive in Gaza if Hamas releases all the…
The EU’s top diplomat, Josep Borrell, has admitted that not every member state agrees to…
Russia’s Defense Ministry has published a video clip from the front line with Ukraine showing…
Donald Trump is eyeing plans to push the NATO members to ramp up defense spending…
Former US President Donald Trump paid the $9,000 fine for violating a gag order imposed…
Russian forces are steadily advancing in the Ukraine conflict, the US Director of National Intelligence,…