Business News
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A major clearing house has frozen the country’s depository account © Getty Images / Savushkin Russia’s National Settlement Depository (NSD) said…
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The move mirrors sanctions placed on the country’s reserves abroad © Getty Images / baona The Russian Central Bank (Bank of…
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The currency companies must pay for Russian fossil fuels is fixed in their contracts, the bloc’s leaders claim © Getty…
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Moscow says all of its reserves are held in the country’s central bank vaults © Getty Images / adventtr The Russian…
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Washington looks to block Moscow from selling bullion on international markets © Getty Images The US Treasury Department on Thursday…
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Skyrocketing crude prices could spark recession, Goldman Sachs warns © Getty Images The United States will probably enter a recession…
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The country buys more Russian oil despite pressure from Washington © Getty Images / MassimoVernicesole India’s largest oil and gas company,…
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Separate financial messaging system will allow countries to trade and bypass Western sanctions © Getty Images / Vitoria Holdings LLC Russia…
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Russia has demanded that “unfriendly” countries pay for gas in rubles © Getty Images / Caspar Benson The German Association of Energy…
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The payment switch does not apply to Serbia © Getty Images / Diy13 Russia addressed the concerns of European countries on…