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Keywords: Sanctions


Novatek profit plunges 62 percent as sanctions hit LNG business

Russian energy company Novatek reported a sharp drop in net profit for 2025, underscoring the growing strain Western sanctions are placing on Moscow’s liquefied natural gas sector. The country’s largest LNG producer said net income fell to 183 billion rubles, or about 2.37 billion dollars,......

Greece and Malta oppose EU ban on Russian oil shipping

Greece and Malta have pushed back against a proposed European Union ban on maritime services for Russian oil shipments, citing concerns about the impact on Europe’s shipping sector and energy prices. The objections were raised during a meeting of EU ambassadors held days after the European Commission......

Air Canada suspends flights to Cuba as fuel crisis deepens

Cuba introduced sweeping emergency measures on Monday as the island faces a rapidly worsening energy crisis, intensified by US pressure aimed at cutting off its oil supplies. The government ordered a four-day workweek for state-run enterprises, shortened school hours, suspended university classes and......

Russia accuses United States of abandoning proposed Ukraine peace plan

Russia’s foreign minister Sergey Lavrov accused the United States on Monday of retreating from a peace proposal it had put forward during a summit between presidents Donald Trump and Vladimir Putin in Alaska last year, highlighting renewed friction in already fragile diplomatic efforts to end the......

Kremlin says talks underway to help Cuba amid stifling US sanctions

The Kremlin said on Monday that it is holding negotiations with Cuba to provide energy assistance, accusing the United States of imposing what it described as stifling sanctions on the island, even as the United Kingdom threatens military action against Russian oil tankers involved in such deliveries. Kremlin......

Ukraine blasts FIFA president as moral degenerate over Russia ban

FIFA President Gianni Infantino urged lifting Russia's four-year ban from international football, at least for youth competitions, igniting fury from Ukrainian officials who branded him a "moral degenerate" and dismissed his views as "infantile." In a Sky News interview aired......

Mexico defies Trump pressure with humanitarian aid to Cuba

Mexico's President Claudia Sheinbaum announced on Sunday that her government will dispatch humanitarian aid to Cuba this week, including food, medicines, and essential supplies. This move directly challenges U.S. President Donald Trump's claim that Mexico had agreed to halt oil shipments to the......

EU exempts US and Qatar from Russian gas ban verification checks

The European Union is set to waive additional origin checks for gas imports from the United States, Qatar, Norway, Great Britain, Algeria, and Nigeria as it rolls out a new enforcement system to phase out Russian gas supplies. This move, outlined in a draft document from the European Commission and reported......

EU moves toward terror designation of Iran’s Revolutionary Guards

The European Union is preparing to add Iran’s Islamic Revolutionary Guard Corps (IRGC) to its list of terrorist organizations, following a shift in position by France that clears the way for a political agreement among member states. EU foreign ministers are expected to discuss the move during......

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