The European Commission is now expected to submit a proposal for a price cap imposed on all gas imports from Russia this month, according to Italian Ecological Transition Minister Roberto…

The US Treasury’s Office of Foreign Assets Control (OFAC) has released guidance on its implementation of the oil price cap being imposed on Russia by the G7 group of nations.…

VTB, a top Russian bank, has begun to make money transfers to China in yuan, bypassing the SWIFT global financial messaging system. VTB CEO Andrey Kostin said in a statement,…

On Monday, Kremlin spokesman Dmitry Peskov said that until the West lifts the economic sanctions placed on Russia, technical issues with gas deliveries through the Nord Stream 1 pipeline will…

The Estonian Foreign Ministry has revealed that a number of Estonian firms have requested temporary exemptions from EU sanctions on Russia. State broadcaster ERR reported that 28 companies have made…

According to a new Bloomberg report, the US government is considering taking additional steps to hobble China’s tech sector, specifically by limiting US investment in Chinese technology companies, as tensions…

Nvidia stock was hard hit by news the US government has imposed new restrictions on exports of its cutting edge chips to customers in China. Shares dropped 11% to $133.46…

According to a new report in Bloomberg, Russian mining company Alrosa has managed to return its exports to pre-sanctions levels. The report noted the company is now selling $250 million…

According to reports, Coca Cola will continue to operate in Russia, selling its iconic beverage under the Dobry Cola label, according to the founder of the Teremok fast-food chain, Mikhail Goncharov.…

The German government has created a secret holding company, with which it plans to nationalize the former German subsidiary of Gazprom at some point in the future, according to a…