The European Union's sanctions on vessels transporting Russian grain, along with Turkey's wheat import ban, impacted Russian grain exports at the end of 2024, the country's central bank said on Thursday.

The European Union (EU) has issued a strong warning to Russia, saying it might impose tough sanctions if Russia continues its hostile actions in space. This comes after increasing concerns about the safety of the EU’s satellites and industries.

The EU wants to crack down on third parties that are still sending consoles and controllers to Russia. But it may not matter given that Russia can still source supplies from China.

The European Commission has proposed Russian primary aluminium imports be included in its 16th package of sanctions on Russia over its invasion of Ukraine, the proposal document seen by Reuters showed.

Aluminum rose in London as the European Union readied a proposal to gradually ban imports of the metal from Russia.

The European Union renewed its wide-ranging sanctions on Russia on Monday for another six months after Hungary stopped holding up the move in return for assurances about energy security. "Europe delivers: EU Foreign Ministers just agreed to extend again the sanctions on Russia,

An overnight Ukrainian drone attack hit Russia’s Andreapol oil pumping station, part of the oil export route via the Baltic Sea port of Ust-Luga, causing a fire and oil products to leak, said a source in the Security Service of Ukraine on Wednesday.