Russian officials have nationalized more than 130 properties in Crimea that previously belonged to Ukrainian ‘oligarchs’ who have been supporting Kiev in its conflict with Moscow, Vladimir Konstantinov, the head of the republic’s State Council, revealed on Wednesday.

Economic cooperation between the countries has been growing at a record pace, according to Deputy Prime Minister Aleksandr Novak Iran is expected to enter the Russian-led Eurasian Economic Union (EEU) in the near future, Russian Deputy Prime Minister Aleksandr Novak revealed on Tuesday.

Moscow announced that it had resumed its participation in the deal which was suspended after an attack on a Russian port last week Wheat futures dropped over 6% on Wednesday after the Russian Defense Ministry announced the country had resumed its participation in the deal on the export of Ukrainian grain via the Black Sea.