Russia’s Urals Oil Price Plummets to $36 Amid U.S. Sanctions
Moscow, 22 November 2025 (Agencies): Russia’s flagship Urals crude oil has plunged to its lowest level in nearly three years, dropping to $36.61 per barrel at the Black Sea port…
U.S.–India Relations Hit New Low as Trump Imposes 50% Tariff Over Russian Oil Imports
Washington, D.C. / New Delhi, August 6, 2025 (Agencies) — In a dramatic escalation of trade tensions, U.S. President Donald Trump has imposed a total 50% tariff on Indian goods,…
Putin to Visit India – Lavrov
Moscow (Agencies): Russian President Vladimir Putin has accepted an invitation from Indian Prime Minister Narendra Modi to visit India, Russian Foreign Minister Sergey Lavrov announced on Thursday. Preparations for the…
EU to Pay Moldova 250 Million Euros as Part of Energy Security Plan
Brussels (Agencies): Moldova is set to receive 250 million euros (US$258 million) in EU support this year as part of a new energy security plan aimed at reducing the country’s…
Chinese Automakers Eye Volkswagen’s German Factories Amid EU Tariff Tensions
Berlin (Agencies): Chinese electric vehicle (EV) manufacturers are reportedly exploring the acquisition of Volkswagen factories in Germany slated for closure, in a bid to localize production and sidestep steep European…
Serbia Cancels Russian Arms Deals Amid Ukraine War, Western Sanctions
WARSAW, Poland — Serbia, one of Moscow’s staunchest allies in Europe, has been forced to cancel a number of contracts to purchase Russian weapons, according to Gen. Milan Mojsilovi?, the…
Russian Rosneft, India’s Reliance Strike Biggest-Ever Oil Deal
Moscow (Agencies): Russia’s state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of crude to India’s Reliance Industries in the biggest oil supply deal between…
Russia’s Aviation Industry Breaks Free from Boeing and Airbus, Embarks on Fully Domestic Era
MOSCOW (Agencies): In a bold move to counter Western sanctions and assert technological independence, Russia has launched a comprehensive initiative to develop its domestic aircraft industry, eliminating reliance on aerospace…
Europe faces new gas crisis – Bloomberg
NEW YORK (Agencies): Europe is on the brink of a new energy crisis, as rapidly depleting gas reserves and potential supply cuts from Russia threaten to exacerbate an already difficult…
Hugo Boss Reopens Stores in Moscow Under New Ownership
Moscow (Agencies): In a significant development for the fashion retail market in Russia, two Hugo Boss stores have reportedly reopened in Moscow shopping centers. This move comes after the acquisition…