In a significant development underscoring the U.S. government’s continued efforts to counter Russia’s destabilizing activities, the U.S. Department ...

The US sanctions against Gazprombank in the autumn of 2024 led to a fall in the ruble. Imbalances in the Russian economy will ...

U.S. sanctions against Gazprombank in the fall of 2024 have triggered a significant drop in the value of the ruble. In ...

As Ukrinform reported earlier, on December 16, the EU adopted the 15th package of sanctions against Russia in response to ...

The plunging Russian currency, the ruble, has added to inflationary pressures in Russia, British officials have said, as the ...

This is due to the inflationary effects of the depreciation, labour shortages and high government spending. It comes as Putin ...

While most people were relaxing in the break between Christmas and the New Year, energy market traders found themselves ...

Russia's biggest bank has joined the country's digital currency scheme, which could help the economy weather turbulence caused by sanctions. Russia's Central Bank announced that Sberbank, as well as ...

In 2023, four employees of Gazprombank (Switzerland), including its CEO Roman Abdulin, were accused of helping Putin’s “wallet” Sergey Roldugin circumvent financial rules and sanctions imposed on ...

Turkey said the US has exempted it from sanctions on Russia’s Gazprombank JSC, allowing Ankara to pay for gas imports. Turkish Energy Minister Alparslan Bayraktar told Bloomberg on Wednesday ...

BUDAPEST, Dec 19 (Reuters) - The United States granted an exemption for gas payments on Thursday from sanctions it had imposed on Russia's Gazprombank, Hungarian Foreign Minister Peter Szijjarto ...

Turkey and Hungary said they have received exemptions for gas payments to Russia after the United States imposed sanctions on ...