As Russia’s special military operation in Ukraine continues, western countries keep introducing and proposing new sanctions against Moscow even as their officials admit that these measures are backfiring on their…

Source told the newspaper the West needs “to close loopholes” The US and the EU are stepping up pressure on Turkey’s financial sector to prevent Ankara from helping Moscow evade…

The U.S. claim that humanitarian items, including foodstuffs and medicines, are not included in the list of sanctions on Iran is a “big lie,” a top Iranian official said Tuesday.…

The EU executive is retreating from imposing a price cap on Russian gas, but pushing ahead with windfall taxes on energy company “surplus” profits, according to a leaked document. A…

Citizens must be willing to pay the price for freedom, the bloc’s top diplomat insists The EU will encounter “major challenges” due to the sanctions it imposed on Russia over the conflict…

The two countries have successfully established a mechanism for mutual settlements in rubles and rupees, Purnima Anand says Russia and India don’t need the US dollar in trade, having turned…

Deputy Secretary of Treasury Adewale “Wally” Adeyemo informs Turkey’s Deputy Finance Minister Yunus Elitas that Turkey’s increased cooperation with Russia could result in sanctions against Turkish business, and banks. Turkey’s…

Prime Minister Viktor Orban says he doesn’t believe the West can win militarily in Ukraine and argues that sanctions are failing The deadly conflict in Ukraine has the potential to…

US Commerce Department accused the Chinese Far East Cable company of violating US export controls related to shipments of telecommunications equipment to Iran. Far East Cable, China’s largest wire and cable…

Russia’s Baltic exclave of Kaliningrad is bumping up against quotas imposed by the European Union for sanctioned goods that it can import across Lithuania from mainland Russia or Belarus, the…