Russia

Russia turns to the Chinese currency amid sanctions Moscow becomes No.4 offshore trading centre for yuan Yuan’s share of Russian FX market jumps from 1 per cent to 45 per cent ...

Oil rebounded on Tuesday after falling to more than 11-month lows in the previous session, as investors weighed a potential output adjustment from the major oil producers, who are set ...

The United States will announce new aid on Tuesday to help Ukraine restore electricity as its people faced another week of brutal cold and darkness after Russian missile strikes on ...

European Union governments failed to agree on Monday on a price cap on Russian seaborne crude oil, as Poland insisted that the cap had to be set lower than proposed ...

President Volodymyr Zelenskiy warned Ukrainians to expect another brutal week of cold and darkness ahead, predicting more Russian attacks on infrastructure which would not stop until Moscow runs out of ...

The Zaporizhzhia nuclear power plant in southern Ukraine remains under Russian control, authorities installed by Moscow in the nearby city of Enerhodar said on Monday, after a Ukrainian official suggested ...

The Pentagon is considering a Boeing proposal to supply Ukraine with cheap, small precision bombs fitted onto abundantly available rockets, allowing Kyiv to strike far behind Russian lines as the ...

Ukrainian President Volodymyr Zelenskiy said Russia would surely launch new missile attacks on his country and warned defence forces and citizens to prepare to withstand another week of strain on ...

The head of Ukraine’s state-run nuclear energy firm said on Sunday there were signs that Russian forces might be preparing to leave the vast Zaporizhzhia nuclear power plant which ...

Russia will soon adopt a law barring foreigners from using Russian surrogate mothers, Vyacheslav Volodin, the speaker of the lower house of parliament said on Sunday, the nation’s Mother’...

Heavy snowfall was expected in Kyiv starting on Sunday, with temperatures dropping below freezing day and night, while millions of people who still live in and around the Ukrainian capital ...

Ukrainian President Volodymyr Zelenskiy hosted a summit in Kyiv on Saturday to promote its “Grain from Ukraine” initiative to export grain to countries most vulnerable to famine and drought. The ...

Russia is likely removing nuclear warheads from ageing nuclear cruise missiles and firing unarmed munitions at Ukraine, Britain’s military intelligence said on Saturday. The defense ministry said open source ...

By Andreas Charalambous and Omiros Pissarides During the period 2010-2020, the prices of conventional forms of energy (coal, oil, natural gas) remained at historically low levels, mainly reflecting the markets’ ...

A meeting of European Union government representatives, scheduled for Friday evening to discuss a Group of Seven (G7) proposal to cap Russian seaborne oil prices, was cancelled, EU diplomats said. “...

Oil prices rose in Asia on Friday, despite thin market liquidity, after a week marked by worries about Chinese demand and haggling over a Western price cap on Russian oil. ...

Millions of Ukrainians were still without heat or power on Friday after the most devastating Russian air strikes on its energy grid so far, with residents warned to brace for ...

The decision whether to send Patriot air defence units to Ukraine lies with the specific nations, NATO’s chief said on Friday when asked about Polish demands for Germany to ...

Ukraine’s President Volodymyr Zelenskiy on Friday called on Europeans to remain united against Russia’s war and to severely limit the price for Russian oil. “There is no split, ...

Four people died in a shooting in a shopping district in the southern Russian city of Krymsk, the state-run TASS news agency reported on Thursday, citing sources in local law ...

The Kremlin on Thursday denied that its attacks on Ukraine’s electricity network were aimed at civilians, but said Kyiv could “end the suffering” of its population by meeting Russia’...

European Union energy ministers locked horns on Thusday over a proposed gas price cap at 275 euros per megawatt hour (MWh), grappling over its effectiveness at that level and the impact ...

The European Union is pressing ahead with a ninth sanctions package on Russia in response to Moscow’s attack on Ukraine, European Commission chief Ursula von der Leyen said during ...

Oil declined on Thursday, hovering around two-month lows, as the Group of Seven(G7) nations’ proposed range for a price cap on Russian oil was higher than current trading levels, ...