Can Russia sustain its war effort as ruble plummets, inflation soars?
With the purchasing power of the Russian ruble hitting the lowest point since March 2022, the economic toll of the full-scale ...
What Does Ruble's Sharp Fall Mean for Russia's Economy?
The Russian ruble has experienced a sharp fall in value against the U.S. dollar, weakened in recent days by the U.S. Treasury ...
Russia tries to stem panic over the plummeting ruble, as the central bank is forced to intervene
The ruble weakened to 114 against the greenback earliest this week — hitting its lowest level since March 2022, shortly after ...
Russia's VTB says U.S. sanctions are behind rouble's fall
Sanctions imposed by the United States on Russia's third largest lender Gazprombank, which handles the energy trade, are ...
European Gas Buyers Rush to Find Workaround to US Sanctions
European countries still buying Russian gas are rushing to find a way to keep paying for supplies after Dec. 20 that won’t ...
Japan's JERA sees no impact on its LNG supply from sanctions on Gazprombank
Japan's top utility JERA sees no impact from new U.S. sanctions on Gazprombank on its procurement of liquefied natural gas ...
US Treasury targets Russia's Gazprombank with new sanctions
The United States imposed new sanctions on Russia's Gazprombank on Thursday, the Treasury Department said, as President Joe ...
Hungary Says Gazprombank Sanctions Threaten Energy Security
Hungary said the US decision to sanction Gazprombank jeopardizes the energy security of some central European countries, ...
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US sanctions over 50 Russian banks, including Gazprombank
The US Department of the Treasury's Office of Foreign Assets Control (OFAC) has sanctioned Russia’s Gazprombank and other ...
Osaka Gas says US sanctions on Gazprombank will not impact its Russian LNG purchase
Osaka Gas' settlement process for procuring liquefied natural gas (LNG) from the Sakhalin 2 project in Russia will not be ...
U.S. Sanctions Gazprombank, Dozens of Other Russian Institutions
The energy-focused bank, which had until now been spared from sanctions, is helping pay for Russia’s war in Ukraine, U.S.