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1 min read

German utility giant Uniper still plans to buy Russian gas under a euros-to-rubles scheme, but says it wouldn't be breaching sanctions

"A payment conversion compliant with sanctions law and the Russian decree should be possible," a Un…

Phil Rosen   


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1 min read

Ukrainian-born Gazprombank exec says he fled Russia to fight for his country and 'wash off' his Russian past

Igor Volobuev, who was born in Ukraine, served as vice president of the Russian banking giant Gazpr…

Sophia Ankel   


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1 min read

20 European natural gas buyers open Gazprombank accounts to pay for Russian gas in rubles, report says

Russia had halted gas supplies to Poland and Bulgaria in late April after they failed to pay in rub…

Grace Dean   


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4 mins read

Ukraine's IT army is a 'world first' in cyberwarfare but it's a major gamble for the government, experts say

Ukraine's IT army says it has launched thousands of attacks on Russian organizations since Russia l…

Cameron Manley   


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2 mins read

The EU is drafting a plan to pay for Russian gas without violating sanctions, insiders say

New guidance could allow gas importers to open a state-owned Gazprombank account and pay in euros o…

Ryan Hogg   


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1 min read

Russia declines Germany's ruble payment for gas after cutting off supplies to Poland and Bulgaria, report says

Russia's Gazprombank turned down a ruble payment from a trading firm Germany had seized from Moscow…

Phil Rosen   


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2 mins read

Disgraced former FBI agent Charles McGonigal pleads guilty to working with a sanctioned Russian oligarch

Charles McGonigal was charged with taking money from a Russian oligarch in defiance of US economic …

Mattathias Schwartz,Rebecca C…   


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1 min read

Germany says energy giant can use a Russian account to buy gas without breaching EU sanctions

"For us, the account number doesn't matter, or the question of whether one or two accounts are open…

Phil Rosen   


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1 min read

4 bankers have been accused of helping Putin launder $50 million through Switzerland via his cello-playing best friend

A member of Putin's inner circle is believed to have played a key role in channeling the Russian pr…

Tom Porter   


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1 min read

These top European energy companies are set to pay for Russian gas in rubles to meet Putin's demands despite EU warnings: report

Two of the largest importers of Russian gas are said to be participating — Germany-based Uniper and…

Phil Rosen   


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2 mins read

Four European gas buyers have paid Russia in rubles for supplies, bucking the EU's urging in the energy face-off

Ten European companies have opened accounts at Russia's Gazprombank as a means to meet Putin's paym…

Shalini Nagarajan   


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2 mins read

A 'nightmare' Russian debt default is now very likely after the US blocked payments, BlueBay strategist says

Timothy Ash said US bondholders would likely be hurt by the Treasury's move, but said it's "their o…

Harry Robertson   


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2 mins read

Russian executive with Gazprom contracts found dead in his swimming pool after being shot in the head

Russian shipping executive Yuri Voronov, who specialized in contracts with Gazprom, was found with …

Mia Jankowicz   


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1 min read

Italy says companies can buy Russian natural gas in rubles, as the bloc scrambles to keep fuel flowing

"Nobody has ever said anything about whether rubles payments breach sanctions or not," Italian Prim…

Harry Robertson   


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1 min read

2 Russian oligarchs were found dead one day apart alongside their wives and children, reports say

Vladislav Avayev and Sergey Protosenya were found dead in their respective homes in Spain and Mosco…

Mia Jankowicz   


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2 mins read

Russia's Gazprom cuts off natural-gas supply to the Netherlands after the Dutch refused to pay in rubles. Denmark could be next.

Dutch trader GasTerra and Danish power company Orsted have both refused to comply with Putin's dema…

Huileng Tan   


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1 min read

Apple kicked Russia's biggest social media platform off the App Store

An Apple spokesperson told Insider it took VK's apps off the App Store in line with UK government s…

Isobel Asher Hamilton   


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2 mins read

Son of Russian oligarch found dead with wife and daughter doesn't believe the police's murder-suicide theory

Police suspect Sergey Protosenya killed his wife and daughter, and then himself. But his surviving …

Mia Jankowicz   


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1 min read

Russia distances itself from the US dollar further as it moves to trade oil with India using the UAE's local currency: report

Russia is insulating itself from Western sanctions as it trades oil in currencies other than the do…

Phil Rosen   


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1 min read

The EU warns natural-gas companies not to pay Russia in rubles after the country cut supplies to Poland and Bulgaria

Russia's Gazprom shut off gas supplies to Poland and Bulgaria on Wednesday after the two countries …

Huileng Tan