Gazprom raises stakes in sanctions war after EU move to embargo most Russian oil imports and companies miss deadline to pay in roubles

Russia has further cut off gas supplies to Europe, after state energy giant Gazprom turned off the taps to a top Dutch trader and halted flows to some companies in Denmark and Germany.

The intensification of the economic battle on Tuesday over Russia’s invasion of Ukraine follows the EU’s overnight decision to place an embargo on most Russian oil imports as part of its financial sanctions against the Kremlin.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

‘Sometimes, it’s shocking’: Raoul Peck on his bold new colonialism series

The Oscar-nominated film-maker behind I Am Not Your Negro returns with Exterminate…

American Airlines stock

aal stock