Published on: Oct 23, 2025 05:09 pm IST The European Union on Thursday announced new economic sanctions on Russia, joining the US. The European Union on Thursday announced new economic sanctions on Russia, joining the US, which had imposed fresh penalties on the Russian oil industry the day before. Ukraine’s President Volodymyr Zelensky talks to…
(Bloomberg) — US sanctions on Russia’s energy giants are sending shockwaves deep into the heart of China’s oil industry, where both state and private refiners face heightened pressure to keep up supplies while steering clear of penalties. As much as 20% of China’s crude imports — about 2 million barrels a day in the first…
MOSCOW (Reuters) -Russia has built up a certain immunity to Western sanctions and adapted to them, the Kremlin said on Friday, after the European Union agreed an 18th package of sanctions against Moscow, including measures aimed at its oil industry. The package aims to lower the G7’s price cap for buying Russian crude oil to…