Europe stumped by Trump demands over Russia sanctions
- 16-Sep-2025
US President Donald Trump has demanded that allies stop buying Russian oil before he moves on to punishing Moscow, and told them to hit China with tariffs. But Trump’s requests do not seem feasible, and the EU notes that it has already hammered the Kremlin with sanctions. Meanwhile, diplomats fear it could be a ploy […]
EU adopts new round of sanctions on Russia
- 19-Dec-2023
The European Union (EU) on Monday adopted a new package of sanctions on Russia that include an import ban on Russian diamonds, officials said. The package is the 12th packet levelled at Moscow since it sent Russian troops into Ukraine on February 24, 2022, in a full-scale invasion. They are designed to reduce Russia’s access […]
G7 finance ministers to discuss more Russia sanctions
- 23-Feb-2023
BENGALURU: Group of Seven finance ministers were due to discuss on Thursday possible fresh sanctions against Moscow and more support for Ukraine, a day ahead of the first anniversary of the Russian invasion. The measures imposed have so far succeeded in practically halving Russia’s oil revenues, French Finance Minister Bruno Le Maire said ahead of […]
Zelensky urges Europe to boost Russia sanctions over ‘gas war’
- 26-Jul-2022
KIEV: Ukrainian President Volodymyr Zelensky on Monday called on Europe to retaliate against Russia’s “gas war” by boosting its sanctions against Moscow. “Today we heard new gas threats to Europe… This is an open gas war that Russia is waging against a united Europe,” Zelensky said, reacting to Gazprom’s announcement of a new cut in […]
Oil climbs ahead of EU meeting on Russia sanctions
- 30-May-2022
Oil prices rose to two-month highs on Monday as traders waited to see if the European Union would reach an agreement on banning Russian oil ahead of a meeting on a sixth package of sanctions against Moscow for its invasion of Ukraine. Brent crude futures gained 46 cents, or 0.4%, to $119.89 a barrel at […]
Russia warns to suspend ISS cooperation if sanctions not lifted
- 03-Apr-2022
Russia has warned about not cooperating with other nations on the International Space Station (ISS) if the sanctions put on Russia are not lifted, The Verge reported. The head of the Russian space agency Roscosmos Dmitry Rogozin announced on Twitter that the only possible way to restore normal relations between partners on the ISS and […]
EU sounds alarm, urges US to coordinate on Russia sanctions
- 23-Jul-2017
BRUSSELS: The European Union sounded an alarm on Saturday about moves in the US Congress to step up US sanctions on Russia, urging Washington to keep coordinating with its G7 partners and warning of unintended consequences. In a statement by a spokeswoman after Republicans and Democrats in the US Congress reached a deal that could […]