Germany will take over Gazprom’s subsidiary without providing compensation to the Russian owners, Der Spiegel has reported

Turkish President Recep Tayyip Erdogan will hold an economic meeting with top officials on Friday to make a final decision on Mir cards

Austria’s foreign ministry has stated it won’t support the EU’s planned embargo on Russian gas, the ORF channel reports

India is unlikely to join global recession, as it’s “decoupled” from global markets, rating agency S&P said on Tuesday

JPMorgan Chase CEO Jamie Dimon warned that rejecting any future oil and gas energy projects would spell doom for the US

Russian exports of agricultural products on the global market have been rising despite Western sanctions

New EU sanctions on Russia may include an oil price cap and target the country’s tech industry, the Financial Times reports

Switzerland’s hospitals have been advised to save energy to help the government stave off rationing

Soaring gas prices in Moldova will rise further by more than 27% next month, the country’s energy regulator says

Consumer confidence in Britain hit a record low this month as the cost-of-living crisis worsened, researcher GfK reports

Toyota will be closing its plant in Russia, the Ministry of Industry and Trade has announced

The price of firewood in France is soaring due to heightened demand amid the energy crisis, BFMTV reports

The energy crisis could force EU nations to abandon solidarity for energy security, the head of the International Energy Agency warns

US stock indices have plummeted as the Federal Reserve continues to hike rates even as recession risks grow

Brazilian footballer Richarlison has called on the French authorities to punish the fan who threw a banana onto the pitch in Paris

Brazilian footballer Richarlison has called on the French authorities to punish the fan who threw a banana onto the pitch in Paris

Turkish state banks will leave the Russian payment system Mir under the threat of secondary sanctions from Washington

Turkish state banks will leave the Russian payment system Mir under the threat of secondary sanctions from Washington

The hearings on Russian figure skater Kamila Valieva’s Olympic doping scandal are ‘tentatively’ scheduled for October

The hearings on Russian figure skater Kamila Valieva’s Olympic doping scandal are ‘tentatively’ scheduled for October