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25
May 2026
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Europe prepares to decouple the price of natural gas from electricity, amid energy crisis

An emergency meeting of EU energy ministers is scheduled for September 9

Turkey doubles Russian oil imports, filling EU void

Turkey increased oil imports from Russia, including Urals and Siberian Light grades, beyond 200,000 barrels per day (bpd)

European gas prices soar after Russia deepens supply cuts

Futures contracts hit five-month high after Gazprom announces drop in flows

Viktor Orban: Europe ‘shot itself in the lungs’ with sanctions against Russia

He said that the EU strategy had to be revised

Brussels calls on EU to turn down heat to resist Russian gas curbs

European Commission to propose incentives for households and industry who reduce demand before winter

US Accuses 5 Chinese companies of Supporting Russia’s Military

The Commerce Department, which oversees the trade blacklist, said the targeted companies had supplied items to Russian "entities of concern" before the February 24 invasion

Russian sanctions – Denmark tells citizens to cut shower-time to save energy

Citizens were also urged to dry their laundry outside

The New York Times: McDonald’s is back, Moscow style, as Russian economy stumbles on

The US fast-food giant sold its 840 stores to a Siberian oil mogul after pulling out from Russia this spring to protest Putin’s invasion of Ukraine

Greek shipowners: EU shooting itself in the foot with sanctions against Russia

They said that India and China are profiting from the sanctions

Brussels: The 27 agreed on an embargo on Russian oil

The package of sanctions includes other tough measures, such as the removal from the swift of the largest Russian bank Sberbank

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