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  1. Jul 21, 2022 · Russia and Hungary intend to seek and find solutions to continue cooperation regardless of Western sanctions, Foreign Minister Sergey Lavrov told a news conference following talks with Hungarian ...

  2. May 31, 2022 · Hungary receives Russian oil via a pipeline that runs through Ukraine. After initially asking for an exemption for pipelines, it has added new demands and now seeks assurances on supply. More On ...

  3. Aug 02, 2022 · In Hungarian Foreign Minister Peter Szijjarto words, any sanctions-related developments in this area would "restrict the sovereign right of all countries to create their national energy mix on ...

  4. Jul 31, 2022 · Along with most other major carmakers, Volkswagen announced that production at its Russian sites would be suspended in March 2022. Western sanctions imposed following Russia's invasion of Ukraine slammed the brakes on Russia’s car production, depriving manufacturers of the tools and materials needed on the production line.

  5. Jul 22, 2022 · On May 8, 2022, OFAC issued a Determination (May 8 Determination) pursuant to Executive Order (E.O.) 14071 of April 6, 2022 (Prohibiting New Investment in and Certain Services to the Russian Federation in Response to Continued Russian Federation Aggression) and 31 CFR § 587.802 that certain accounting, trust and corporate formation, and ...

  6. Jul 12, 2022 · Amid the Kremlin’s seizing of Western oil companies’ assets in Russia, there has to be concern that Western stakes in CPC could be under threat. With a 24% stake, the Russian government-owned pipeline company Transneft is the main shareholder in CPC. Russian oil major LUKoil owns 12.5% and 7.5% is held by a joint venture between Russian ...

  7. Jul 08, 2022 · Western countries are contributing to the global food crisis by hindering Russian grain exports, Russian Foreign Minister Sergey Lavrov said on Friday. The minister referred to the issue of Ukrainian grain being unable to leave the country’s ports due to the military conflict in the region, and to subsequent concerns over global food security ...

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