The company’s financial woes have been further compounded by plummeting share prices in its subsidiary, Gazprom Neft, and a newly imposed income tax hike to 25%, which has significantly increased its deferred tax liabilities

The announcement comes amid escalating violence, including significant advances by Russian forces in the Kursk Oblast and a massive aerial assault on March 6-7, which involved 67 missiles and 194 drones targeting Ukrainian infrastructure

The Swiss Ministry of Economy announced that the new sanctions will target prominent businessmen, propagandists, armed forces and judiciary members, individuals responsible for deporting Ukrainian children, and Russia's Federal Security Service (FSB) members

"Neither we Nor All humanity will always live never", stated Andrey Isaev, Member of the committee of the state of the FA of the Russian Federation on Labour, social policy and veterans affairs, during a television programme while sharing their views over the ongoing Russia-Ukraine war

According to AFP, Viktor Orban, Hungary's prime minister, described today's sanctions against Russia as "a step toward war."

Amid the United States imposing a number of sanctions on Russia over its decision to launch a full-scale invasion of Ukraine, Russia has retaliated...