City Moscow Financial News

Donald Trump on Tuesday indicated he may impose fresh sanctions on Russia if President Vladimir Putin refuses to negotiate a deal to end the war in Ukraine.

NATO deployed Norwegian F-35 fighter jets stationed in Poland on January 15 in response to a massive Russian missile and drone attack on Ukraine. This marked the first time Norwegian jets were scrambled to defend Polish airspace, showcasing the alliance’s commitment to protecting its eastern members amidst escalating regional threats. The attack targeted Ukraine’s critical infrastructure, prompting swift action from NATO and Poland to fortify their defences.

Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022, expecting the latest U.S. sanctions to hit supplies from Moscow, trade sources said on Thursday.

Subscribe to enjoy similar stories. BERLIN—During Elon Musk’s freewheeling conversation with the leader of a far-right German party last week, spanning Hitler, multiplanetary civilizations and the existence of god, the billionaire tech entrepreneur insisted that the Alternative for Germany was moderate. “Hopefully, people can tell just from this conversation, like nothing outrageous is being proposed, just common sense," he said, during their live discussion on his X social-media platform.

Brent crude futures climbed $1.35, or 1.69%, to $81.11 a barrel by 2339 GMT after hitting an intraday high of $81.44, the highest since Aug. 27.

Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new U.S. sanctions on Russian producers and ships curb supplies to Moscow's top customers, traders and analysts said. The U.S. Treasury on Friday imposed sanctions on Russian oil producers Gazprom Neft and Surgutneftegas, as well as 183 vessels that have shipped Russian oil, targeting the revenues Moscow has used to fund its war with Ukraine. Many of the tankers have been used to ship oil to India and China as Western sanctions and a price cap imposed by the Group of Seven countries in 2022 shifted trade in Russian oil from Europe to Asia. Some tankers have also shipped oil from Iran, which is also under sanctions.

export of nuclear energy technologies, so the sanctions are seen as a form of unfair competition from unfriendly states," it said. «For nearly three years, we have operated under growing sanctions pressure, adapting successfully and remaining prepared for any scenario. Rosatom continues to meet all its commitments to partners in full,» Rosatom said in a statement. President Joe Biden's administration announced Friday that it's expanding sanctions against Russia's critically important energy sector, unveiling a new effort to inflict pain on Moscow for its grinding war in Ukraine as President-elect Donald Trump gets set to return to office vowing to quickly end the conflict. Two Indian companies-Skyhart Management Services and Avision Management Services- and senior officials from Rosatom which specialises in nuclear energy, nuclear non-energy goods and high-tech products were among the over 150 entities and individuals, including major Russian oil producers Gazprom Neft and Surgutneftegas, Russian insurance companies, and shadow fleet vessels, were imposed with restrictions.

Subscribe to enjoy similar stories. The crude stick-figure diagram, sketched in blue ink, details how North Korean soldiers deployed to support Russia in the Ukraine war should respond to the approach of a Ukrainian drone. One soldier—referred to as “bait" in the drawing—should stand still to lure the drone so that a pair of comrades can attempt to shoot it down.

Biden's administration announced on Friday that it's expanding sanctions against Russia's critically important energy sector, unveiling a new effort to inflict pain on Moscow for its nearly 3-year-old war in Ukraine as President-elect Donald Trump gets set to return to office vowing to quickly end the conflict. The outgoing Democratic administration billed the new sanctions as the most significant to date against Moscow's oil and liquefied natural gas sectors, the driver of Russia's economy. Officials said the sanctions, which punish entities that do business with the Russians, have the potential to cost the Russian economy upward of billions of dollars per month. More than 180 oil-carrying vessels that are suspected to be part of a shadow fleet utilised by the Kremlin to evade oil sanctions as well as traders, oil field service firms and Russian energy officials are also targeted by the new sanctions.

Subscribe to enjoy similar stories. HONG KONG—It took the promise of access to contraband, an FBI front company and help from Fiji, but they got their man: U.S. investigators, in a tricky sting operation, picked off a supplier of parts Moscow needs for its war in Ukraine.

Ukraine has halted Russian gas supplies to European customers through its pipeline network, almost three years into Moscow’s all-out invasion of its neighbor

Russian gas transit across his country as a significant «defeat» for Moscow amid its near three-year invasion.

Subscribe to enjoy similar stories. Russia halted natural gas flows to Europe via Ukraine, as Kyiv’s refusal to extend a pipeline deal brought an end to one of the last remaining energy links between Russia and what was once its biggest market. A gas transit deal using Soviet-era pipelines crisscrossing Ukraine expired at the end 2024.

Moldovans are bracing for a difficult winter ahead as a looming energy shortage could leave them without enough energy

Russia, putting a spotlight on shifting export patterns as traders focus on the global market’s prospects in 2025.

Days after Azerbaijan Airlines crash, Russia allegedly released a controversial Christmas propaganda video. In the purported Russian video shared by Ukraine's Centre for Countering Disinformation appears to showcase a bizarre piece of Russian propaganda, where a sleigh driven by a NATO-branded Santa Claus is shot down above Moscow.

Asma al-Assad, has leukaemia and a 50/50 chance of survival as she attempts to return to the UK. Asma and her despotic husband are probably living in one of their opulent penthouses in Moscow. When Islamist rebels overthrew the tyrant's cruel rule, Asma al-Assad, 49, and her husband were forced into exile and are now holed up in Moscow.