The country has withstood Western pressure by developing new trade and boosting domestic investment, Oleg Deripaska has claimed The sanctions that the West has imposed on Moscow are ineffective and outdated, Russian businessman Oleg Deripaska told Financial Times on Tuesday.

The price of Urals crude is planned to be fixed at $15 per-barrel below Brent next year The Russian government plans to continue reducing the discount of Russia’s flagship Urals blend of crude oil to the Brent benchmark, RBK business daily reported on Monday, citing a draft of the federal budget for 2024-26.

A fire at a wedding party in Nineveh, Iraq left more than 100 people dead and some 150 injured, according to local officials and media reports, which suggested fireworks had set off the blaze by accident.