Failing to help Ukraine would result in a “delayed” war between Russia and the West, he claimed Ukrainian President Volodymyr Zelensky has urged the US-led NATO bloc to ramp up support of his country amid the ongoing conflict with Russia, claiming that Kiev’s defeat would result in a “delayed” war between Moscow and the whole…

Countries should be ready to cut energy usage by 30% if Russian supplies stop, the IEA says Europe will need to cut as much as 30% of its gas use by mid-February if flows from Russia are halted, the International Energy Agency’s (IEA) chief executive, Fatih Birol told Bloomberg on Tuesday.

A multinational task force has frozen $30 billion in funds belonging to sanctioned Russian individuals and $300 billion in Russian Central Bank assets, the US Treasury Department announced on Wednesday.