Gazprombank

Finland says Russia suspending natural gas supplies

by
Finland says Russia suspending natural gas supplies

Russia will cut off natural gas to Finland after the Nordic country that applied for NATO membership this week refused President Vladimir Putin’s demand to pay in rubles, the Finnish state-owned energy company said Friday, the latest escalation over European energy amid the war in Ukraine. Finland is the latest country to lose the energy … Read more

India explores payment options for trade with Russia

by
India explores payment options for trade with Russia

India is examining all possible payment mechanisms for continuing trade with Russia, including the one adopted to settle payments with Iran. Foreign banks that don’t have operations in countries that have imposed sanctions on Russia or routing payments through Russian banks unaffected by the curbs are among the options under consideration. Third-country banks were used … Read more