Liquefied natural gas (LNG) from Russia to the European Union may be phased out by Brussels, according to Bloomberg.
Attacks on underwater cables in strategic areas connecting telecommunication lines and power sources in Asia and Europe are suspected to be coordinated attacks by China and Russia.
The European Commission intends to propose a ban on imports of Russian primary aluminium in its 16th package of sanctions against Russia over its invasion of Ukraine, European Union diplomats said on Tuesday.
Six European Union countries on Monday called on the European Commission to lower the $60 per barrel price cap put on Russian oil by G7 countries, arguing it would reduce Moscow's revenues to continue the war in Ukraine while not causing a market shock.
Volodymyr Zelensky said that Ukraine's army is larger than Russia's, but will it be enough to sustain the war effort as fighting escalates?
While Europe’s pipeline gas flows from Russia have dwindled in recent years, it imported record LNG volumes from the country in 2024. The fuel has been a personal focus of Russian President Vladimir Putin, who has vowed to continue the nation’s exports despite mounting restrictions.
The Russian missiles sought out targets from the Lviv region in western Ukraine near Poland to Kharkiv in northeast Ukraine bordering Russia. The state energy company Ukrenergo reported emergency power outages in six regions. It often shuts down production during attacks as a precaution.
The European Union is reportedly considering more import restrictions on Russian aluminium as part of a new package of sanctions targeting Moscow for its invasion of Ukraine. Click to read.
European Union top diplomat Kaja Kallas has said she sees no reason to lift sanctions against Russia. Source: Kaja Kallas in an interview with AFP; European Pravda reports Details: Kallas stressed that the EU needs sanctions because "this is our bargaining chip,
I can only confirm the validity of fears that Russia was planning acts of air terror,' says Polish Prime Minister Donald Tusk.
Sibur, Russia's largest liquefied petroleum gas (LPG) producer, cut exports through the Baltic Sea port of Ust-Luga, its main exporting gateway, by 37% to 570,000 metric tons last year, according to traders and LSEG ship-tracking data.