Economy & Business
G7 unveils plan to enforce Russian oil price cap
The Group of Seven has agreed to ban Russian oil transportation by sea if it’s sold...
Bank of Russia explains why country’s frozen reserves were...
The Central Bank of Russia says it had to hold part of its forex reserves abroad...
British energy major wants out of Russian LNG project
UK-based energy giant Shell has announced it will quit the Russian Sakhalin-2 LNG...
Japanese companies to stay with Russian energy project
Moscow has allowed Japanese companies Mitsubishi and Mitsui to keep their stakes...
Brits worst hit by energy crisis in Western Europe – IMF
UK households felt the biggest impact of spiking energy costs in Western Europe,...
EU expects high energy costs to linger – media
Energy prices in Europe won’t come down until 2024, the European Commission reportedly...
Russia issues oil supply warning to G7
Russia will not export oil to countries that support the US-proposed price cap mechanism,...
Russia mulls $70 billion yuan-led currency purchase – Bloomberg
Russia is considering buying $70 billion in yuan and other ‘friendly’ currencies...
US seeks to seize Russian corporate jet
The US government wants to seize a Boeing 737 jet owned by Russian energy giant...
British pubs at risk of closure – industry
UK pubs and brewers could go bust as a result of skyrocketing energy prices, industry...
G7 to discuss Russian oil price cap – Bloomberg
The Group of Seven finance ministers are scheduled to hold talks on Russian oil...
Sanctions hinder Russian gas flow to EU – Gazprom
German company Siemens is unable to service Russia's Nord Stream 1 pipeline as a...
Unemployment in Russia at historic low – data
Unemployment in Russia has remained its lowest since the early 1990s, statistics...
Prices in UK stores soar to 17-year high – media
UK store price inflation has spiked to the highest level since 2005, Sky News reports,...
US oil giant vows to sue Russia – WSJ
ExxonMobil has warned it would sue Russia unless Moscow lifts decree barring it...
EU citizens face mass poverty – expert
The energy crisis in Europe will only get worse, pushing people into poverty, Professor...
