The Kremlin has warned that the latest US sanctions on Russia’s energy sector could destabilize global markets, with Moscow pledging to take measures to minimize the impact. The sanctions, aimed at cutting Russia’s war funding, target major oil producers and vessels involved in shipping Russian oil.
The Kremlin warned on Monday that the latest round of US sanctions targeting Russia's energy sector could destabilize global markets, with Moscow vowing to take steps to mitigate their impact. Kremlin spokesman Dmitry Peskov criticized the US for attempting to undermine Russian companies through non-competitive measures but expressed confidence in Russia's ability to counteract them.
Peskov added that such sanctions would inevitably disrupt international energy markets, including oil markets, and emphasized that Russia would carefully monitor the situation and adjust the operations of its companies to minimize the consequences of what he called "illegal decisions."
The US Treasury imposed new sanctions on Friday, targeting Russian oil producers Gazprom Neft and Surgutneftegaz, as well as 183 vessels involved in shipping Russian oil. The measures are intended to reduce Russia’s revenue, which funds its war with Ukraine. US officials suggest the sanctions could cost Russia billions of dollars monthly if fully enforced.
In response, Chinese and Indian refiners, which have been major buyers of Russian oil, are exploring alternative crude supplies. Many of the vessels affected by the new sanctions have been transporting oil to these countries. Peskov remarked that history has shown it is difficult to permanently block energy supply routes, and that Russia would seek alternative solutions to lessen the sanctions' impact.
Four migrants died after their boat sank off the Greek island of Lesbos, Greece's coastguard said on Tuesday after launching a search-and-rescue opera...
The Vatican has announced that Pope Leo XIV will visit Türkiye and Lebanon from November 27 to December 2, his first trip abroad since assuming the p...
French President Emmanuel Macron faced growing pressure on Tuesday to resign or hold a snap parliamentary election to end political chaos that has for...
Spanish Police say three people were injured in the partial collapse of a building in central Madrid on Tuesday adding that none of the injured was in...
President Ilham Aliyev welcomed the heads of state and government participating in the 12th Summit of the Council of Heads of State of the Organizatio...
The Kremlin on Sunday dismissed warnings from Ukrainian President Volodymyr Zelenskyy that Russian officials should familiarise themselves with bomb shelters, saying Kyiv was losing the conflict and that its negotiating position was weakening.
Russian President Vladimir Putin and U.S. President Donald Trump are set to meet in the coming days, according to Kremlin aide Yuri Ushakov, marking the first summit between the two leaders since 2021.
Russia on Tuesday accused the United States of applying illegal pressure on India over its Russian oil imports, after U.S. President Donald Trump threatened new tariffs unless New Delhi halts purchases.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
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 powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
Four migrants died after their boat sank off the Greek island of Lesbos, Greece's coastguard said on Tuesday after launching a search-and-rescue operation in the area.
The Vatican has announced that Pope Leo XIV will visit Türkiye and Lebanon from November 27 to December 2, his first trip abroad since assuming the papacy.
French President Emmanuel Macron faced growing pressure on Tuesday to resign or hold a snap parliamentary election to end political chaos that has forced the resignation of five prime ministers in less than two years.
Spanish Police say three people were injured in the partial collapse of a building in central Madrid on Tuesday adding that none of the injured was in a serious condition.
An earthquake of magnitude 6.6 struck near Lae, the second largest city in Papua New Guinea, on Tuesday, the U.S. Geological Survey (USGS) said.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment