The Board of Directors of the Central Bank of the Russian Federation lowered the key rate from 14.25% to 14% per annum. The Central Bank has been cutting the ra…

The Ukrainian Defense Forces’ successful long-range strikes on the warehouses of the Russian e-commerce giant Wildberries are dealing a significant blow to the…

Russians who can still afford to travel are shortening the length of their vacations, opting for budget options, and avoiding travel agencies. In the first half…

The European Union has expanded its financial sanctions against Russia and added more than 90 Russian banks, as well as the Moscow Exchange, to its “blacklists…

France's largest energy company, TotalEnergies, will withdraw from the shareholder structure of the Russian "Arctic LNG-2" project, according to "Komersant Ukra…

The fuel shortage in Russia has begun to gradually ease after Ukraine shifted its attack priorities from oil refineries to vessels linked to Russia. This was re…

Production of petroleum products in Russia continues to decline rapidly. In June, it fell by another 12% and was 21.7% lower than a year ago, according to Rosst…

QatarEnergy, a Qatari state-owned company and one of the world’s largest producers of liquefied natural gas, is preparing to extend its force majeure on LNG shi…

Following the imposition of Western sanctions against Russian oil, a large-scale network of intermediaries has emerged that profits from circumventing sanctions…