The analysis covered over 300 foreign firms with "significant assets" and annual revenue of at least 1 billion rubles ($12 million) in Russia. Of these, 183 companies had fully withdrawn by the end of 2024.
The Kyiv Independent's Alisa Yurchenko went undercover as a representative of a Russian defense manufacturer to try buying American chips through Russian suppliers. Our investigation reveals how China helps Russia obtain the Western weapon components through gray import schemes.
“No one has officially applied yet. So, they are informally probing the ground,” Dmitry Medvedev, deputy chairman of Russia's Security Council, claimed.
The move may reassure European leaders, who have expressed concerns that the U.S. would attempt to broker a deal without their involvement.
Budapest had initially planned to veto the sanctions renewal, citing U.S. President Donald Trump's return to the White House and the possibility of a shift in U.S. policy toward Russia.
Western sanctions against Russia could be eventually eased if the step ensures security and justice for Ukraine, top Ukrainian sanctions official Vladyslav Vlasiuk told Politico in an interview published on March 17.
The Trump administration dealt a blow to Russia's energy sector last week after it let lapse an exemption allowing Russian banks to use U.S. payment systems for energy transactions. The move closed an important financial channel for Russian oil and gas exports and comes as Washington looks for ways
The European Union has reached a deal with Hungary to renew sanctions on more than 2,400 primarily Russian entities and individuals hours before they were set to expire on March 15, an EU official with knowledge of the negotiations told the Kyiv independent. The EU had been braced for
Sources suggest that Russia will likely continue using digital currencies in energy trade even if Western sanctions are lifted.
"They are taking a break for now while contemplating if there are ways to work around," a source told Reuters.
U.S. Secretary of State Marco Rubio emphasized that any final resolution to the war would have to involve European leaders "because of their sanctions that they've imposed."
Easing the price ceiling on Russian oil is allegedly one option under consideration, Bloomberg reported.
Chinese car exports to Russia surged sevenfold in 2023 compared to 2022, as Western sanctions over Moscow’s war against Ukraine cut Russia off from brands like Volkswagen, Toyota, and BMW.
The decline is attributed to Russia prioritizing weapons production for its own military, the impact of Western sanctions, and increased pressure from the U.S. and its allies on countries purchasing Russian arms, the report said.
The European Union is bracing for a potential Hungarian veto on extending sanctions against Russia, which are set to expire on March 15, Euractiv reported on March 10, citing sources familiar with the matter.
U.S. Senator Lindsey Graham added he will introduce legislation to sanction Russia's banking and energy sectors "next week" in a bid to bring Moscow to the negotiating table.
The United States vetoed a Group of Seven (G7) proposal to establish a joint task force that would tackle sanctions evasion related to Russia's 'shadow fleet,' Bloomberg reported on March 8.
The proposed recommendations focus on lifting restrictions on the aviation and banking industries, investments, and luxury goods shipments.
"This administration has kept the enhanced sanctions in place and will not hesitate to go 'all in' should it provide leverage in peace negotiations," U.S. Treasury Secretary Scott Bessent said on March 6.
U.S. President Donald Trump’s administration is reportedly ready to lift sanctions on Russia imposed after the start of the full-scale invasion, in a reversal of U.S. policy toward Moscow during its war against Ukraine. The White House is preparing a plan to potentially give Russia sanctions relief
"Well, I don’t think that’s right, actually," U.S. Vice President JD Vance replied to a journalist who suggested that Washington is exerting pressure on Kyiv but not on Moscow.
Financial troubles have forced eight coal companies in Russia's Kemerovo Oblast to halt operations, leaving hundreds of miners without pay for months, according to Governor Ilya Seredyuk.
Canada introduced new sanctions on March 2 against 10 Russian individuals and 21 entities, including paramilitary groups.
Matthias Warnig, who led Nord Stream 2’s parent company on behalf of Kremlin-controlled gas giant Gazprom until 2023, is reportedly trying to establish contact with U.S. President Donald Trump's team through American businessmen.
Turkish imports of Russian oil plummeted in February in response to sweeping sanctions the U.S. and U.K. imposed on Russia's oil sector in January.
The decision comes amid Trump's renewed engagement with Russia, including talks on Feb. 18 on ending the war in Ukraine and the potential reopening of embassies in Washington and Moscow.
Key developments on Feb. 26: * Trump says he will meet Zelensky on Feb. 28 in Washington to sign agreement on minerals * No security guarantees in US minerals deal, to be discussed later, Zelensky says * US, Russia to meet again tomorrow in Istanbul, Lavrov says * No sanctions relief for Russia pre-deal
U.S. President Donald Trump said on Feb. 26 that Ukraine will not be allowed to join NATO as part of a future peace agreement with Russia and ruled out lifting sanctions on Moscow before a deal is reached.
"No, we haven't lifted any sanctions on anybody… I guess it will be at some point, but right now, we haven't agreed to lift sanctions on anybody," Donald Trump said.
Hungary is demanding the removal of eight individuals from the EU's Russia sanctions list and guarantees on Ukraine's gas transit talks before agreeing to renew restrictions, Reuters reported on Feb. 25, citing sources familiar with the matter.
The new measures, announced on the third anniversary of the all-out war, target Russia's "shadow fleet" of oil tankers, banks, aluminum imports, and other sectors.
Australia has introduced the most extensive package of sanctions since the beginning of the all-out war, while New Zealand imposed restrictions on over 50 individuals and entities.
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