In its next sanctions package, the European Union is planning a mechanism to dynamically adjust the price cap on Russian oil in response to market fluctuations, Bloomberg reported on July 11.

The proposed price cap would be set at 15% below the market rate based on a 10-week average, lowering the threshold to $50 ...

A secretive oil trader that supplies Russian crude to Central Europe is linked to Kremlin insiders and allies of Hungarian ...

From the supply of gas and nuclear fuel to Hungary and Slovakia is also being won by German companies. After the energy ...

Romania becomes one of ten EU countries participating in European push to support trade with Ukraine. Backed by EIF, ...

Prime Minister Robert Fico has stated that Slovakia will not support the EU's new sanctions package against Russia unless it ...

Romania has said it will acquire the Iron Dome missile defense system used by Israel to protect the NATO country from ...

The EU is planning to phase out Russian oil and gas by 2027, requesting that these plans remain confidential. The legislation ...

Leonid Ivlev stressed that the use of chemical weapons by the Ukrainian army in the special military operation area won’t yield any success for the Ukrainian military at the frontline ...

German Chancellor Friedrich Merz urged US President Donald Trump Thursday to "stay with" Europeans in maintaining support for ...

European Union governments want Brussels to keep secret how they plan to phase out using Russian oil and gas by the end of ...

Merz was speaking at the Ukraine Recovery Conference, a two-day gathering intended to mobilise political and private sector ...