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Moscow bagged €3 billion through a sanctions loophole that allows Turkey to relabel Russian oil and ship it to the EU.
May 15
8 mins read
Budapest opposes measures "that might have a negative impact on EU gas market" — a stance that could kill the EU's effort to squeeze Moscow's gas revenue.
May 13
4 mins read
Until now, the EU hasn't targeted Moscow's lucrative gas sector. The proposed sanctions would hit about a quarter of Russia's LNG revenues.
May 6
5 mins read
A new sanctions proposal is expected to target Russia's liquified natural gas for the first time, but the measures would only cover a quarter of Moscow's profits.
May 3
5 mins read
How Turkey became Putin's 'pit stop' for selling camouflaged fuel to the EU
Hungary teases veto over new EU Russian gas sanctions
EU proposes first sanctions on Russia's LNG sector
EU finally ready to bring down Russia's gas empire … sort of