Russia doubles down on oil price warning

Moscow will only deal with states “that will work with us on the basis of market conditions,” Alexander Novak said Russia won’t sell oil at the $60 price limit agreed by the EU and G7 nations, Deputy Prime Minister Alexander Novak said on Sunday. Novak added that Moscow is “working on mechanisms” to bypass the…

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Russian and China step closer to building lunar station

The two nations have drafted the paperwork for a space facility, Russia’s prime minister has said Russia and China have prepared an agreement on building the International Lunar Research Station (ILRS), Russian Prime Minister Mikhail Mishustin announced on Monday. The project is potentially open to other countries, while the facility itself is expected to become…

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Italy explains why it can't abandon Russian gas

The EU nation is not self-sufficient enough to stop the purchases for now, the energy minister says Italy is still reliant on Russian natural gas, which it continues to import despite calls in the EU for a ban, according to Environment and Energy Security Minister Gilberto Pichetto Fratin.

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