When Vladimir Putin landed in Khabarovsk on his tour of Russia’s Far East last week, he was given a...
8 months agoThe U.S. has pressed Ukraine to halt drone strikes on Russian energy facilities, fearing that it could provoke massive retaliation and drive up global oil prices.In recent months, Kyiv has ramped up its strikes against Russian energy infrastructure, hitti...
6 months agoSweden is ending its investigation into the mysterious explosions that blew up the undersea Nord Stream pipelines after concluding the country's courts do not have jurisdiction over the case. In a statement issued Wednesday, Swedish prosecutor Mats Ljungq...
6 months agoRussia is losing control over Bulgaria's power grid to the last country it wants to see in Europe's lucrative energy market: the U.S.Bulgaria, which built its only nuclear power station with Soviet Union support almost 60 years ago, is now waiting on new...
6 months agoKYIV — Russia launched a huge barrage of missiles and drones at Ukraine’s energy infrastructure overnight, leaving several cities without electricity and damaging the Dnipro hydropower plant, Ukraine's biggest dam.Ukrainian President Volodymyr Zelenskyy s...
6 months agoTurkey's landmark gas deal with Hungary is giving Budapest a much-needed energy lifeline — but may be opening a new backdoor for Russia to re-establish its grip on Europe's power systems, analysts warn.Hungary has been searching for new gas sources as it...
6 months agoBRUSSELS — Countries sympathetic to Russia are demanding the EU drop any notion it might have about a wholesale confiscation of Moscow's state assets.Representatives of China, Saudi Arabia and Indonesia are privately pushing the EU to continue resisting p...
6 months agoBulgaria's outgoing Prime Minister Nikolai Denkov spent his mandate trying to boot out the Russians, and has no doubt that Moscow will redouble efforts to recover its influence now his administration has collapsed. Denkov, who stepped down on Tuesday, tol...
6 months agoBRUSSELS — Put your money where your mouth is.Such grumbling is percolating across Europe as new data reveals France quietly ramping up gas payments to Russia just as President Emmanuel Macron loudly positions himself as one of Ukraine’s staunchest defend...
6 months agoCHIȘINĂU — For the first time in three decades, Moldova thinks it finally has the leverage to kick Russia out of the country. But it comes with a quandary: how to do that without unleashing a humanitarian crisis on its own citizens.Since gaining independe...
5 months agoFor the first time since Moscow launched its full-scale attack on Ukraine more than two years ago, the EU is expected to aim its sanction bazooka at Russia’s lucrative gas sector.But the proposals on the table would only touch a fraction of the billions M...
5 months agoA wave of Ukrainian drone strikes on oil refineries deep inside Russia has left the Kremlin racing to defend its own territory while still waging war on its neighbor. But the attacks have also achieved the unthinkable — leaving the world’s largest petrost...
5 months agoBRUSSELS — The EU’s unprecedented effort to penalize Russia’s lucrative gas sector is already crashing into a familiar sanctions foe: Hungary. The country expressed significant reservations about the new proposal during initial conversations among ambassa...
4 months agoHungary is racing against time to avoid power outages and fuel shortages after Ukraine imposed a partial ban on Russian oil passing through its territory.Kyiv last month imposed sanctions blocking the transit of pipeline crude sold by Moscow’s largest pri...
2 months ago