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Europe Flags Risk of an 'Explosive' Banking Crisis in Russia

A June intelligence note says heavy wartime lending has driven bad loans to levels that make banks vulnerable to an EU sanctions package that could cut off funding.

EU Uses First Country-Level Sanctions Tool to Curb Kyrgyz Re-Exports to Russia

EU Weighs 20th Russia Sanctions Package With Port Blacklist, Oil-Shipping Ban and Crypto Clampdown

Germany Arrests Five in Probe of Network Supplying Russia’s Defense Industry

Oil Stabilizes as Kurdistan Output Plunge Meets Lowered Russian Crude Price Cap