The current five-year contract between Moscow and Kiev is due to expire at the end of this year The European Commission is working hard to abandon Russian gas supplies that it receives through Ukraine, the commission’s spokesperson, Tim McPhie, has said. The EU’s gas transit contract with Moscow expires at the end of this year.

Russia is on course to record its highest seasonal export rate of petroleum products in seven years despite Western oil sanctions that took effect in February, Bloomberg reported on Wednesday, citing tanker tracking data from Vortexa.

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