The European Union is planning to unfreeze Russian bank assets to ease global food supply bottlenecks. Canada is violating western sanctions to send turbines to Russia's Gazprom. Palki Sharma tells you how the west is diluting its own sanctions.

Gravitas: How Europe is sidestepping its own sanctions

Amid the Russia-Ukraine war, there has been collateral damage, shared not only by the two countries involved but others too. One such country is Greece and its dying fur trade industry.

Greek fur trade industry snuffed out in the aftermath of Russia-Ukraine war

India may not be at risk from US sanctions for buying Russian arms. The US house of representatives voted on a law amendment to give India sanctions waiver.

India may get waiver from US sanctions, final sanction call still with Biden

A new set of sanctions are being imposed by the US in Hong Kong and the United Arab Emirates-based companies for violating the oil sanctions that are being put on Iran.

US targets companies for violating Iran oil sanctions

Leaders of the Economic Community of West African States (ECOWAS) on Sunday lifted economic and financial sanctions imposed on Mali, after its military rulers agreed to return to civilian rule by March 2024.

West African bloc ECOWAS lifts economic and financial sanctions on Mali

Oil prices fell in early Asian trade on Monday, paring gains from the previous session. Oil supply remained tight amid lower OPEC output, unrest in Libya and sanctions on Russia.

Oil prices slip as recession fears rumble on

JPMorgan analysts warned that the global oil prices could reach to "stratospheric" $380 a barrel in response to the Western sanctions.

JPMorgan warns that oil prices could reach 'stratastrophic' record

Nearly three dozen leaders of Russian weapons firms and at least 14 defence companies have not been sanctioned by the United States, the European Union or the United Kingdom. For more perspective on this, we're joined by Kadira Pethiyagoda, International Affairs Expert.

WION Fineprint | Russian weapon firms escape punishment, no sanctions for weapon giants

The United States on Monday (June 27) announced fresh G7 sanctions on Russia. These new sanctions are targetted at Russia defence industry. The aim appears to be slowing down Russian war machine in Ukraine "G7 leaders will align and expand targeted sanctions to further restrict Russia's access" to Western technology that can support the Russian arms industry, the White House said.

US announces fresh G7 sanctions aimed at Russian defence sector

This weakened, the Group of 7 (G7) countries, the world’s wealthiest, will converge in Germany’s Bavarian Alps to discuss pressing matters like the Russian invasion of Ukraine, sanctions on Russian oil, economic and environmental crises.

G7 Summit: What will be on the agenda at the meet?

India's purchases of Russian coal have spiked in recent weeks despite global sanctions on Moscow, as traders offer discounts of up to 30%, according to data reviewed by Reuters.

India's Russian coal buying spikes as traders offer steep discounts: Report

Western sanctions have crippled the Russian economy but failed to stop the war in Ukraine. Instead, sanctions have globalised inflation and shortages. Palki Sharma tells you why sanctions have historically failed.

Gravitas: Sanctions cripple Russia, but fail to end war

Moscow has imposed sanctions targeting US officials in the treasury, energy, defense and media sectors. The US has issued warrants to seize two planes owned by a Russian oligarch

Sanctions war between Russia and US: Russia imposes personal sanctions on 61 top US officials

Russian Foreign Ministry said on Monday (June 6) that Moscow had imposed personal sanctions on 61 US officials. Those under sanctions include US Treasury Secretary Janet Yellen, Energy Secretary Jennifer Granholm and more including those is USA's defense sector and media.

Russia announces personal sanctions on 61 top US officials

West African leaders have put off sanctions. There are still no sanctions on African Juntas. ECOWAS is aiming to limit political turmoil in West Africa.

No sanctions yet on African Juntas as West African leaders put them off

It is days after the European leaders reached a compromise to impose a partial oil embargo on Russia after a long delay package of sanctions that was blocked by Hungary. The central European nation Hungary once again refuses to give green light to the EU sanctions

Hungary delays oil ban over Putin's patriarch

OPEC members are considering the idea of suspending Russia in an oil production deal as Western sanctions hurt the nation's ability to produce more.

Reports: Oil group OPEC+ mulls excluding Russia from production deal

European Union leaders reached a compromise deal to impose a partial oil embargo on Russia at a summit focused on supporting Ukraine with a long-term delay package of sanctions blocked by Hungary.

EU leaders agree on a partial embargo on Russian oil

Serbian President Aleksandar Vucic says his country has reached deal with Russia for supplies of natural gas following a telephone conversation with Russian President Vladimir Putin.

Serbia secures gas deal with Russia, ignores EU sanctions

Russia and China vetoed a US-drafted United Nations Security Council resolution to strengthen sanctions on North Korea in a vote the US ambassador to the UN called dangerous.

China and Russia veto new UN sanctions on North Korea

The Russian president Vladimir Putin and the Italian Prime Minister Mario Draghi discussed ways to ease the international food crisis, with the Kremlin saying this could be done only if the West lifts sanctions.

Russian President Putin, Italy’s PM Draghi discuss ways to help solve food crisis

EU has now proposed an orderly ban on Russian oil imports and this comes after the Russian President Vladimir Putin said that he will now seize all export deals and contracts with the US and its European allies if they continue to support Ukraine.

Russia-Ukraine crisis: EU proposes 'orderly' ban on Russian oil import

Russia continues to intensify its military offensive on Ukraine the European Commission has now said that it will bring in a gradual ban on Russian oil imports in retaliation for its war in Ukraine.

Russia-Ukraine crisis: EU presents sixth package of sanctions against Moscow

As the Russia-Ukraine conflict continues to intensify, Russian president Vladimir Putin has now notified the West that Russia would seize export deals and contracts with the US and its allies if they continue to back Ukraine amid the ongoing war.

'Moscow can end exports and contracts,' Putin warns West over sanctions

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