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Concern mounts over EU gas, electricity supplies as Russia reduces exports to continent
Jul 27, 2022 09:04Up to a quarter of the EU's electricity demand is generated using gas. In some of the bloc's member states, it is higher. As less of it arrives from Russia, EU nations have agreed to reduce gas consumption by 15% until the spring.
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US/EU sanctions against Russia failed to have desired effect
Jul 27, 2022 04:02The US and EU sanctions against Russia have failed to have the desired effect so the US is now trying to limit the profitability of Russian oil sales by putting a price cap on it.
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Russia doing better than expected despite sanctions: IMF
Jul 27, 2022 03:57Russia’s economy is doing better than expected despite Western sanctions imposed on Moscow over the war in Ukraine, the International Monetary Fund says in a new report.
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EU agrees to cut gas consumption as Russia squeezes supply
Jul 26, 2022 10:52European Union (EU) members have agreed to reduce gas consumption as a European energy crisis deepens with Russia's latest decision to tighten the squeeze on the flow of gas to the continent.
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Europe faces new crisis as Gazprom plans cutting gas flow
Jul 26, 2022 03:39Gazprom says it is cutting daily gas deliveries to Europe via the Nord Stream pipeline to about 20 percent of its capacity from Wednesday.
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Moscow says Odesa strike targeted US-supplied arms, not grain exports
Jul 25, 2022 09:41Russia says that western-supplied weapons were destroyed in a strike on the southern Ukrainian port city of Odessa on Saturday.
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Egypt’s orders for Russian grain will be fully met, Russia FM reassures
Jul 25, 2022 02:15Russian Foreign Minister Sergei Lavrov has reassured Egyptian leaders that their orders for Russian grain will be “fully” met as he commenced a tour of African nations that are dependent on imports for their food supply.
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Iran in oil swap deals with Russia, Kazakhstan: Leader’s advisor
Jul 25, 2022 00:32A top advisor to the Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei says Iran is in deals with Russia and Kazakhstan to swap crude oil produced by them with its own crude oil for the purpose of delivery to customers in the Persian Gulf.
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Trump slams massive US aid to Ukraine amid nation's own problems
Jul 24, 2022 10:05Former US President Donald Trump has criticized the Democratic administration of President Joe Biden for providing massive levels of assistance to Ukraine, while the American nation has too many problems of its own.
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US special envoy visits Ukraine, vows to continue flow of arms
Jul 24, 2022 07:32A senior US Congressional delegation has visited Ukraine, promising Kiev to try to ensure a continued flow of weapons to the country to fight against Russian forces.