(Reuters) – Russia’s leading tanker group Sovcomflot said on Friday that Western sanctions on Russian oil tankers were limiting its financial performance, as it reported falling revenues and core earnings. The United States imposed sanctions on Sovcomflot in February, part of Washington’s efforts to reduce Russia’s revenues from oil sales that it can use to…
BELGRADE, Serbia (AP) — European Union candidate Serbia will continue to refuse to impose sanctions against Russia over its invasion of Ukraine despite Western pressure, Serbia’s leader said after his telephone conversation with Russian President Vladimir Putin on Sunday. Populist Serbian President Aleksandar Vucic said on Instagram that he believes the call, what he said…
Iranian President Masoud Pezeshkian said Iran-Russia relations are growing “stronger day by day” as he met Russian President Vladimir Putin today for the first time, according to Russian news agency TASS. Putin met Pezeshkian, a former cardiac surgeon turned politician who was elected in July, in Turkmenistan’s capital Ashgabat. Their meeting focused on discussing “bilateral…
Vladimir Putin has hit Gazprom with an additional production tax to finance his war with Ukraine – Mikhail Metzel/Pool Sputnik Kremlin Kremlin-owned energy giant Gazprom suffered a collapse in its North Sea profits last year as sanctions and the windfall tax battered the business. Gazprom UK, which is owned by the Russian government, saw pre-tax profits…