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French Engie confirms readiness to convert to Russian payment system
- Statement comes after Russia, in retaliation against Western sanctions, introduces new payment system requiring euro, dollar conversion to rubles in Gazprombank
Gas prices drop as Russia says sanctions will not affect gas payments from Europe
- Alternative supplies via liquefied natural gas and warmer weather ease pressure on natural gas prices
UK announces fresh trade sanctions against Russia
- 'We are determined to do our utmost to thwart Putin’s aims in Ukraine and undermine his illegal invasion', says Secretary of State for International Trade
EU Commission chief proposes oil embargo on Russia
- 6th round of sanctions would hit oil imports, banks, military officials responsible for Bucha massacre
'UK has imported over $275M of Russian oil during Ukraine war'
- Almost 2M barrels of Russian oil brought to UK since Feb. 24, according to global campaigning group Greenpeace
Italy will not veto sanctions on Russian gas: Foreign minister
- Italy will provide all necessary support to reveal perpetrators of crimes against civilians in Bucha, says Luigi Di Maio
France holds talks with Saudi Arabia, UAE on diversifying Europe’s energy supplies
- Goal is to reduce continent’s dependence on Russian oil and gas
Under new deal, US to supply more liquefied gas to EU
- EU, US strike deal on additional 15 billion cubic meters liquefied natural gas to curb dependence on Russian energy
US, allies announce new sanctions on Russia over Ukraine war
- White House says 600 Russian targets have been sanctioned by US since beginning of war in Ukraine
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Germany remains reluctant to ban energy imports from Russia
- Chancellor Olaf Scholz warns that energy sanctions could have negative effect on European economies
EU approves new set of sanctions against Russia over Ukraine war
- 4th package of sanctions targets individuals, entities, as well as several sectors of Russian economy, says French presidency
Russian billionaire resigns from biggest coal company after EU sanctions
- By end of 2021, legal entity representing billionaire Andrey Melnichenko's interests indirectly owned 92.2% of company's share capital
Germany rules out embargo on Russian oil, gas supplies
- Chancellor Scholz says there is no alternative to Russian energy supplies in short term, so energy imports from Russia will continue
Russia-Ukraine crisis exposes need to expedite energy transition in EU
- Oil and gas exports become more critical for Russian economy since freezing of approximately half of central bank's reserves
TotalEnergies to withdraw from Myanmar
- Company bases its decision on deteriorating human rights situation since coup of February 2021
Iran's president calls for 'result-oriented' talks on nuclear deal
- New administration has adopted tough line on nuclear talks with West
Turkish & Iranian energy firms to enter new markets in post-sanction era
- Energy supply to Europe via Turkey will be notable option on table: Head of Energy Commission of Iran Chamber of Commerce
US warns Germany over Nord Stream 2 gas pipeline
- 'We are determined to use all available levers to prevent completion of Nord Stream 2," says US Embassy spokesman in Berlin
12.04.2021
General
US: Biden revokes Trump's sanctions on ICC officials
- Measures by previous administration inappropriate, ineffective, State Dept. says
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Iran eyes rapprochement with China against Western bloc
- Through last week's cooperation deal, two sides aim to bolster ties amid growing tensions with West, say experts
US sanctions 10 Myanmar military officials for coup
- Commander-in-Chief Min Aung Hlaing on sanction list, as well as 3 companies
US: No sanctions easing until Iran halts uranium enrichment
- Standoff with Iran on returning to 2015 nuclear deal set to continue as US President Biden rules out first move
Iran rejects Macron’s call for new nuclear deal
- If deal is to be saved, US should return, lift sanctions on Tehran, says foreign ministry
Venezuela condemns US policy of seizing fuel shipments
- Social media exchange between Venezuelan foreign minister and top US diplomat reflects tense relations between governments
Iran oil revenue down over 50% since 2018: Central Bank
- Country has been suffering strict sanctions since 2018 after US withdrawal from 2015 nuclear deal
Iran to uphold right to regain lost oil market share
- New US Administration could alleviate economic sanctions on Iran but this would require strict nuclear deal compliance
EU to impose additional sanctions on Turkey
- European Council stresses importance of keeping communication channels open
Iran, Venezuela sanctions relief low priority for Biden
- Biden hinted in campaign of resuming diplomacy with Venezuela and Iran, but analysts say this will not happen overnight