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EU Envoy to India clarifies sanctions on Russia, says no disruption to global supply, purchases
EU Ambassador Herve Delphin stated that the EU's sanctions on Russia aim to weaken its war economy while maintaining global oil market stability. The sanctions, including a price cap reduction on Russian oil to $47.
Russia's economy is down but not out
Since its illegal invasion of Ukraine in 2022, Russia has become the most sanctioned nation on Earth, and yet its economy has been remarkably resilient. In 2024, if Russian official figures are to believed, its economy outgrew those of all the G7 nations - Canada, France, Germany, Italy, Japan, the UK, and the US.
How the EU aims to put the squeeze on the Russian economy with new sanctions package
The European Union’s 18th sanctions package against Russia over its war in Ukraine targets Moscow’s energy and financial sectors to limit its ability to fund war in Ukraine. Key measures include a lower oil price cap, Nord Stream transaction ban, more shadow fleet sanctions, and a full ban on Russian bank deals.
Russia seizes $50 billion in assets as economy shifts during war in Ukraine, research shows
Russian authorities have confiscated assets worth some $50 billion over the past three years, underscoring the scale of the transformation into a "fortress Russia" economic model during the war in Ukraine,
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The Warning Signs for Russia’s Economy Are Flashing Red
A slowdown exposes the limits of the country’s wartime economy and suggests sanctions may finally be taking a toll.
Business Basics on MSN2h
Israel Just Broke Iran's Economy (Worse Than Russia)
Explore the economic relationship between Israel and Iran, analyzing the impact of sanctions, oil prices, and geopolitical tensions on Iran's economy and its global influence.
Putin's war-fueled economy is 'on the brink' of recession, minister says
Russia's economy is cooling, with a top minister suggesting it's on the verge of a recession amid record-high defense spending and sanctions.
Senate majority leader says Republicans ready to move on Russia sanctions bill when Trump gives green light
Senate Majority Leader John Thune says Republicans will vote on a Russia sanctions bill once Trump approves it, as pressure mounts on Moscow to negotiate peace in Ukraine.
The Washington Post2y
Opinion | Russia’s economy is still marching along. Here’s how to ...
The air is seeping out of Russia’s sanctions-beleaguered economy, but not fast enough to impede President Vladimir Putin’s calamitous war in Ukraine or to inconvenience most Russians.
Oil steadies as mixed US economic and tariff news offset new Russia sanctions
Crude oil futures were little changed on Friday on mixed U.S. economic and tariff news and worries about oil supplies following the European Union's latest sanctions against Russia for its war in Ukraine.
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