The trade with the US in dollars does not contradict Russia's principle policy of use of national currencies in foreign transactions, the Kremlin said Saturday. Russia switched to the use of national currencies in foreign trade after its USD and Euro accounts were frozen by the West following the outbreak of the 2022 conflict with Ukraine and has been pushing for a global de-dollarisation trend. In an interview to the state-run TASS news agency, the Kremlin spokesperson Dmitry Peskov pointed that the dollar is the national currency of the United States, so its use in transactions with Washington will not conflict with the principle of transitioning to national currencies. "In general, yes," the Kremlin spokesman agreed with the thesis about the dollar as the national currency in Russian-American trade and that its use will not fundamentally affect Russia's interactions with its current partners. Amid reports of bilateral negotiations to expand economic cooperation between Moscow an
Kremlin says next Ukraine peace talks will be held next week, as reports suggest a possible US-proposed trilateral meeting in Miami
Kremlin spokesman Dmitry Peskov said the New START treaty, which set limits on each side's missiles, launchers and strategic warheads, would lapse at the end of Thursday
India is free to buy oil from any country, and there is nothing new about its decision to diversify its crude suppliers, the Kremlin said on Wednesday. "We, along with all other international energy experts, are well aware that Russia is not the only supplier of oil and petroleum products to India. India has always purchased these products from other countries. Therefore, we see nothing new here," Kremlin Spokesman Dmitry Peskov said while responding to a question. He was asked about US President Donald Trump's claim that Prime Minister Narendra Modi had agreed to stop buying Russian oil and switch to purchasing crude from the United States and, potentially, from Venezuela. A day earlier, Peskov said that Russia has not received any statements from India regarding the cessation of Russian oil purchases. Private Kommersant FM business radio noted that, unlike President Trump, PM Modi did not mention any agreement on stopping Russian oil imports. Igor Yushkov, a leading expert at th
Kremlin spokesman Dmitry Peskov said Russia is closely examining US President Donald Trump's comments on ties with India and, as of now, has not received any statements from New Delhi
Kremlin spokesperson Dmitry Peskov said Russia remains an important supplier of energy to India and called for the set-up of trade mechanisms that cannot be affected by third countries
Trump and Putin agreed on Thursday to a hold a second summit on the war in Ukraine, provisionally in Budapest, following an August 15 meeting in Alaska that failed to produce a breakthrough
US President Donald Trump on Monday said that his peacemaking efforts don't stop at Gaza, and he wants to get Russia to end its war against Ukraine
Tomahawk missiles have a range of 2,500 km (1,550 miles), meaning Ukraine would be able to use them for long-range strikes deep inside Russia, including Moscow
The Nord Stream system consists of two double pipelines, Nord Stream 1 (NS1) and Nord Stream 2 (NS2), running under the Baltic Sea to Germany
The Kremlin countered that the Russian economy was stable, despite some problems caused by sanctions
Kremlin spokesman Dmitry Peskov told Russian state media reporters that the "European party of war" was continuing to hinder U.S. and Russian efforts on Ukraine
PM Modi and Putin will also meet on the sidelines of the Shanghai Cooperation Organisation (SCO) Summit in China's Tianjin, scheduled for August 31 to September 1
The gathering of three nations in Tianjin will offer the opportunity for the optics of warmer ties, but it will be more symbolism than substance
White House trade adviser Navarro also said that New Delhi is acting as a "laundromat for the Kremlin" by purchasing discounted Russian crude oil, refining it, and selling the products
Russia reaffirms defence ties with India, backs sovereign right to choose trade partners; statement comes after Trump's accusations of India's crude oil purchases funding Russia's conflict with Ukrain
US President Donald Trump's special envoy Steve Witkoff arrived in Moscow, reported state-owned Russian media on Wednesday, days before the White House's deadline for Russia to reach a peace deal with Ukriane or potentially face severe economic penalties. Witkoff was seen taking an early morning stroll through Zaryadye Park, a stone's throw from the Kremlin, with Kirill Dmitriev, the Russian president's envoy for investment and economic cooperation, footage aired by TASS showed. Dmitriev had played a key role in direct peace talks between Russia and Ukraine in Istanbul in recent months, as well as discussions between Russian and US officials. Moscow is yet to confirm whether Witkoff will meet with Russian President Vladimir Putin during his stay. Kremlin spokesman Dmitry Peskov welcomed on Monday Witkoff's visit. We consider (talks with Witkoff) important, substantive and very useful," he said. Trump's deadline for Putin ends on Friday. Washington has threatened severe tariffs and
Russian President Vladimir Putin has no immediate plans to dial his US counterpart Donald Trump after the US bombardment of Iranian nuclear facilities, the Kremlin said on Sunday. There are no such plans, Kremlin Spokesman Dmitry Peskov said. However, he added that a call can be quickly arranged in case of need. His remarks came when asked about the possibility of a phone call between Trump and Putin after US strikes on three Iranian nuclear facilities on Sunday. The US attacked Iran's Fordo, Isfahan and Natanz nuclear sites, aiming to destroy the country's nuclear programme. US President Donald Trump warned of additional strikes if Iran retaliates. Chair of Duma, Committee of Foreign Affairs, lawmaker Leonid Slutsky believes that from a military point, Trump's strike on Iran had no ground or justification. Trump has been dragged into the regime change scenario in Tehran just like in Iraq, Slutsky told reporters. Former Russian president Dmitry Medvedev said that Iran will contin
Russia's economy is on the brink of going into a recession, the country's economy minister said Thursday, according to Russian media reports. Economy Minister Maxim Reshetnikov delivered the warning at the St Petersburg International Economic Forum, the annual event in Russia's second largest city designed to highlight the country's economic prowess and court foreign investors. Russian business news outlet RBC quoted the official as saying the numbers indicate cooling, but all our numbers are (like) a rearview mirror. Judging by the way businesses currently feel and the indicators, we are already, it seems to me, on the brink of going into a recession. Russia's economy, hit with a slew of sanctions after the Kremlin sent troops into Ukraine in February 2022, has so far outperformed predictions. High defence spending has propelled growth and kept unemployment low despite fuelling inflation. At the same time, wages have gone up to keep pace with inflation, leaving many workers better
Russia will respond to Sunday's Ukrainian drone attacks on its airfields when and how the military deems appropriate, the Kremlin said on Thursday. On June 1, Ukraine used drones to carry out attacks against airfields in the Murmansk, Irkutsk, Ivanovo, Ryazan, and Amur regions, home to Moscow's nuclear triad. Replying to a media query on when Russia could retaliate and how, the Kremlin spokesman said, In such a way and at such a time as our military deems appropriate. On Wednesday night, in an unscheduled phone call with his US counterpart Donald Trump, Russian President Vladimir Putin said he would have to respond to Ukrainian drone attacks on Russia's nuclear-capable bomber fleet. Agreeing with his Foreign Minister Sergei Lavrov's view voiced at the cabinet meeting on Wednesday, Putin also described peace talks with Ukraine as "useful." Russian planes that were damaged after Ukraine's attack on Jun 1 will be repaired, Russian Deputy Foreign Minister Sergey Ryabkov said on ...