anti-Russian sanctions

U.S. expands list of sanctions against Russia

The United States has imposed sanctions against five Russian citizens and seven companies allegedly associated with them under the pretext of combating cybercrime, according to relevant data on the website of the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC).

U.S. removes anti-Russia sanctions on Karachaganak

The United States has decided to exempt the Karachaganak field development project, the Caspian Pipeline Consortium (CPC) and Tengizchevroil from sanctions against Rosneft and Lukoil, according to General License No. 124B released by the U.S. Department of the Treasury.

Russia-Turkey trade and economic ties developing steadily - MFA

Russia and Turkey have not yet resolved all issues related to mutual settlements affected by sanctions, Russia's charge d'affaires ad interim in Turkey Alexey Ivanov said on the sidelines of the 16th Asian Conference of the Valdai …

Belgium partially unfreezing Russians’ assets - report

Belgian depository Euroclear has begun unfreezing Russian investors’ assets without obtaining a license from the Office of Foreign Assets Control (OFAC), RBC news agency reported quoting a large broker that deals with the unfreezing of such assets.

Hungary announces desire to continue purchasing Russian oil

Hungary is going to seek waivers from U.S. sanctions imposed on Russian companies that disrupt Russian oil and gas supplies to Central European countries, head of Hungarian Prime Minister Viktor Orban's Office Gergely Gulyas said.

EU remains largest buyer of Russian LNG

The European Union has become the largest buyer of Russian liquefied natural gas, even as the 19th sanctions package includes a phased ban on LNG imports from Russia, the Guardian reported, citing data from the Centre for Research on Energy and Clean Air.

Kuwait ready to compensate for possible oil shortage

OPEC is ready to raise production by rolling back its oil output cuts further if required to address market shortfalls after the U.S. imposed new sanctions on Russian oil majors, Kuwait's oil minister Tariq Al-Roumi said.

Russian ruble becomes top-performing currency of 2025

Despite numerous international sanctions, the Russian ruble has demonstrated resilience against various economic shocks and has become the best-performing currency of the year, strengthening significantly against the U.S. dollar.

EU to gradually ban Russian LNG imports

The European Union has included a complete ban on imports of Russian liquefied natural gas under short-term contracts from April 25, 2026, and under long-term contracts from January 1, 2027, in its 19th sanctions package, according to a decree by the Council of the EU published in the Official Journal of the EU.

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