
Russia's July Oil and Gas Revenues May Surge 60% Year-on-Year Amid Rising Prices
Russia's oil and gas revenues in July may rise 60% year-on-year due to higher global prices, despite ongoing sanctions and a year-to-date revenue decline.

Russia's oil and gas revenues in July may rise 60% year-on-year due to higher global prices, despite ongoing sanctions and a year-to-date revenue decline.

The EU recommends withholding €2 million funding from the Venice Biennale due to Russia's participation, citing conflicts with democratic values and EU sanctions.

Two brothers in Germany admitted to illegally exporting industrial machinery parts to Russia via shell companies, violating EU sanctions and facing prison sentences.

Bulgaria’s Prime Minister Rumen Radev announced a veto on the EU’s latest Russia sanctions package, citing economic risks to key sectors and opposing sanctions on Patriarch Kirill.

EU member states agree to extend Russia sanctions for one year, shifting from previous six-month renewals due to political changes in Hungary and unified condemnation of Russian aggression.

Ukraine imposes sanctions on 32 Russian companies and 34 individuals linked to the defense sector, extending existing measures and targeting supply chains critical to Russia’s military capabilities.

Pussy Riot and Femen protested the Russian pavilion at Venice Biennale, demanding representation by pro-Ukrainian political prisoners amid EU sanctions and controversy.

EU warns Serbia may lose €1.5 billion in reform funds amid concerns over judicial independence and media freedom, challenging its EU accession bid.