Tag Archives: russian

The White House fears that the confiscation of Russian assets could damage its reputation, the New York Times reported on Tuesday. According to the newspaper’s sources, top officials in President Joe Biden’s administration believe the seizure of assets would be illegal and could discourage other countries from relying on the United States …

The European Union ban on Russian oil will not be “a walk in the park,” but it was a “right and necessary” decision, Austrian energy minister Leonore Gewessler said on Tuesday as EU member countries agreed a sixth round of anti-Russia sanctions. Since Russia launched its military offensive in Ukraine …

The EU will not discuss a ban on Russian natural gas imports as part of the next round of Ukraine-related sanctions against Moscow, Austrian Chancellor Karl Nehammer disclosed on Tuesday. “The gas embargo will not be a topic, [German Chancellor] Olaf Scholz has made this clear as well,” Nehammer told reporters …

The Russian ruble is getting stronger while the EU citizens have to cope with higher prices due to sanctions that simply don’t work, Croatian President Zoran Milanovic complained on Tuesday. He called the EU explanation for the partial oil and gas embargo “insulting” and said Croatia had little pull within …

Ukrainian lawmakers voted on Tuesday to remove the nation’s human rights commissioner, Lyudmila Denisova, from her post. The official has been accused of failing to perform duties and in particular of spreading unverified information about atrocities supposedly committed by Russian troops in Ukraine. Such actions only tarnished Ukraine’s image, MPs …

Japan will not withdraw from Russia’s Sakhalin-2 liquefied natural gas project even if it’s told to do so, the country’s industry minister told parliament on Tuesday. The comments follow criticism from Russia last week accusing Japan of benefiting from its participation in the project while being an “unfriendly nation” that …

EU member states have finally agreed to ban 90% of Russian oil imports by the end of this year as part of the latest Ukraine-related sanctions against Moscow. The embargo, which had been debated for nearly a month, targets Russian crude delivered by sea, while allowing a temporary exemption for …

After weeks of deliberation, EU member states have agreed in principle a sixth round of anti-Russia sanctions, the bloc’s leadership announced after a meeting on Monday. Hungary will preserve its Russian oil imports, but otherwise much of the crude will be embargoed. EU Council President Charles Michel said the watered-down …

Denmark could be the next country to be cut off from Russian natural gas after its biggest utility defied Moscow’s ruble payment demand. According to a Bloomberg report, Orsted said on Monday that it is continuing to reject demands from the Russian supplier to pay for gas supplies in Russian …

India has received 34 million barrels of discounted Russian oil since February, more than 10 times the value of the total imports from the country year-on-year, Reuters reported on Monday, citing Refinitiv Eikon data. According to the report, more than 24 million barrels of Russian crude were supplied this month, …