The ban applies to bilateral and transit goods transported by road, but offers exemptions for certain products Russia has banned cargo transportation by road for companies from countries that placed similar restrictions on Russia. The decree was signed by Prime Minister Mikhail Mishustin and published on the country’s official internet portal for legal information on…

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The European Union has reached an agreement to buy at least 15 billion cubic meters of liquefied natural gas (LNG) more from the US this year in order to lower its dependence on Russian natural gas, Bloomberg reported citing industry sources. However, American imports would cover just a fraction of Europe’s energy demand.