Russia rules out asset seizures unless EU confiscates frozen funds
Moscow says it will not seize European assets but warns it could reconsider if the European Union moves to confiscate frozen Russian sovereign funds....
Russian energy giant Gazprom increased its average daily natural gas supplies to Europe by 37% in July compared to June, when maintenance activities had curbed exports, calculations based on transmission data showed on Friday.
With Ukraine halting a key five-year transit agreement with Moscow at the start of the year, Türkiye’s TurkStream undersea pipeline remains the only route for Russian pipeline gas to reach European markets.
Data from the European gas transmission group Entsog indicated that daily Russian gas flows through TurkStream averaged 51.5 million cubic metres (mcm) in July, up from 37.6 mcm in June.
The July figure was also 4.7% higher than the same month last year, when average flows stood at 49.2 mcm per day.
In total, Gazprom exported approximately 9.93 billion cubic metres (bcm) of gas to Europe via TurkStream during the first half of 2025, compared with 9.3 bcm during the same period in 2024.
By comparison, Gazprom’s total pipeline exports to Europe between January and July 2024 reached 18.3 bcm, a figure that included volumes transited through Ukraine.
Gazprom has not published monthly export data since early 2023 and did not respond to a request for comment.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
Moscow says it will not seize European assets but warns it could reconsider if the European Union moves to confiscate frozen Russian sovereign funds.
The investigation into the downing of Azerbaijan Airlines Flight 8243, which crashed near Aktau on 25 December 2024, is nearing completion, Kazakhstan’s Deputy Prime Minister Kanat Bozumbayev said on Wednesday.
Shots were fired outside Serbia's parliament building in Belgrade on Wednesday and one person was injured, local media reported.
Flights were suspended from 10:30pm on Tuesday until 6:30am on Wednesday, following sightings of illicit balloon traffic in Lithuanian airspace, the National Crisis Management Centre (NCMC) said.
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