Erdogan reveals grain deal decision

The Black Sea Initiative will go on for 60 more days, the Turkish president has said President Recep Tayyip Erdogan of Türkiye announced on Wednesday that Russia has backed the extension of the Black Sea grain and fertilizer agreement by another two months. It was due to expire on Thursday, after Moscow said the West had failed…

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Trade between Russia and EU tumbles – official

The volume of commerce has been decreasing dramatically, according to a deputy PM Trade turnover between Russia and the EU fell by a third in April-December 2022 amid Western sanctions on Moscow, First Deputy Prime Minister Andrey Belousov has revealed.

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European gas prices drop to lowest since June

November futures on the Dutch TTF hub declined on mild weather forecasts and nearly full storages Spot prices for natural gas in Europe plunged to a four-month low on Tuesday, data from the London Intercontinental Exchange shows.

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