All of Russia's big exports could soon be only in rubles, Kremlin doubles down on stance
The Kremlin on Wednesday also played down hopes of a breakthrough following peace talks between Russian and Ukrainian delegates in Istanbul a day earlier
"There is absolutely no need to apply this guidance in the UK," a government spokesperson said
Moscow has yet to describe how it will go about the switch, which the Kremlin indicated on Wednesday could extend to Russia's other exports
Senior executive of JSW Steel sees 'distortions in market' after Russian invasion of Ukraine
The official did not detail underlying evidence for how US intelligence made the determination
Supply chains, already disrupted by the swift recovery from the pandemic recession, face renewed pressure
Hosting Russian Foreign Minister Sergey Lavrov, first high level Russian official to visit Beijing after the Ukraine war, China said cooperation between two allies has no ceiling to resist hegemony
Western nations have rejected that demand, arguing it would undermine sanctions over the war
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The UK Defence Ministry says some Russian units have withdrawn from Ukraine to Russia and Belarus after suffering heavy losses
Poland said Tuesday it was banning imports of Russian coal.
Ukraine's military believes the withdrawals "are probably a rotation of individual units" aimed at misleading Ukraine's military leadership
Russian FM Sergei Lavrov arrived in China to take part in the third meeting of the foreign ministers of Afghanistan's neighbouring countries being organised by Beijing, amid the Ukraine crisis.
India is keen to continue bilateral trade due to its dependency on Russian weapons and the prospect of buying cheaper oil as global prices surge.
Ukrainian President Volodymyr Zelenskyy said there was no reason to believe Russia's announcement that it would reduce military activity near Kyiv
At least 12 people were killed and 33 others injured in an airstrike carried out by Russia's forces on a regional administration building in Ukraine's southeastern city of Mykolayiv
Highlighting that Russian forces have moved away from Ukraine's Kyiv "in the last day or so," Pentagon's John Kirby said that he believes this is a "repositioning", not a "real withdrawal"
MSCI's broadest index of Asia-Pacific shares outside Japan rose 1%, and touched its highest level since March 4, with most Asian stock markets in positive territory.
Russia has offered to buy back dollar bonds maturing next week in roubles in a move seen by analysts as helping local holders of the $2 billion sovereign issue receive payment