Russia

US seizes Russian-flagged tanker, another tied to Venezuela as Trump widens oil push

It appears to be the first time in recent memory that the US military has seized a Russian-flagged vessel

The US is also demanding that Venezuela, led by interim leader Delcy Rodriguez (pictured), reduce its relationships with China, Russia, Iran and Cuba, ABC reported.

US tells Venezuela to cut ties with China and Russia, ABC says

Any move to cut ties would represent a full political realignment for the country

The dispute over the tanker comes as US President Donald Trump is trying to negotiate a peace deal between Russia and Ukraine.

Russia asks United States to stop pursuit of fleeing oil tanker

US forces have been tracking the tanker, known as the Bella 1, for nearly two weeks

The loss is largely related to currency-translation adjustments, according to a statement.

Citigroup to take US$1.1 billion loss on Russian business unit sale

Other lenders have also scaled back, with Goldman Sachs gaining approval earlier this year to sell its business in Russia

Hyundai’s factory is producing vehicles under the Solaris brand.

Hyundai not in a position to buy back Russian auto factory: source

Renault, Ford, Nissan and Mercedes-Benz also have buyback options which expire between 2027 and 2029

Russia’s central bank says the EU's plans to use its assets are illegal, and that it reserves the right to employ all available means to protect its interests.

EU set to indefinitely freeze Russian assets, removing obstacle to Ukraine loan

At least 15 of the 27 member states have to agree on plan to immobilise 210 billion euros worth of assets

The US government has repeatedly warned chipmakers that they need to do more to stop the flow of chips.

Intel, AMD accused of allowing chips in Russian missiles

In the past, the chipmakers have said they fully comply with sanctions requirements

When it comes to culture wars, Russian President Vladimir Putin (above) and his US counterpart Donald Trump are allies; liberal Europe is the enemy.

Why Russia loves the US National Security Strategy

Europe’s liberal, pluralist leaderships pose a threat to the domestic political narratives that both Trump and Putin depend on to stay in power

EU summits chairman Antonio Costa told reporters in Dublin he would keep EU leaders talking for days, if necessary, until they reach an agreement.

EU close to deal on Russian assets, summit to go on until agreement: Costa 

[DUBLIN] The European Union is very close to a solution to finance Ukraine in 2026 and 2027 that would have the support of at least a qualified majority of EU countries, the chairman of EU summits, An...