The European Union's sanctions on vessels transporting Russian grain, along with Turkey's wheat import ban, impacted Russian grain exports at the end of 2024, the country's central bank said on Thursday.

The European Union (EU) has issued a strong warning to Russia, saying it might impose tough sanctions if Russia continues its hostile actions in space. This comes after increasing concerns about the safety of the EU’s satellites and industries.

The EU renewed sanctions on Russia and called for unity to respond to Donald Trump's transactional approach. The US president's warning to Moscow to end the war or face more penalties was more in line with EU policy.

The European Commission has proposed Russian primary aluminium imports be included in its 16th package of sanctions on Russia over its invasion of Ukraine, the proposal document seen by Reuters showed.

Russia exported a record volume of liquefied natural gas (LNG), according to calculations by RBC based on data from the analytics firm Kpler. The country shipped 33.6 million tons abroad last year, an increase of four percent from 2023 and two percent more than in 2022,

The European Union is preparing another package of sanctions against Russia, which is expected to include further restrictions on banks being cut off from the SWIFT system. Additionally, discussion surrounds the targeting of another 70 ships from the so-called "shadow fleet" and imposing a ban on the import of Russian aluminium,

In its latest round of sanctions, the European Union (EU) is proposing to introduce a phased ban of Russian aluminium, Bloomberg reported on Jan. 28 citing unnamed sources. The bloc, which covers 8% of its annual aluminium needs by Russian imports,