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UK Adds Russian Billionaire and Chelsea Soccer Club Owner Roman Abramovich to Sanctions List
Russian oligarch Roman Abramovich, the outgoing owner of Chelsea FC and a longtime ally of President Vladimir Putin, has been sanctioned by U.K. authorities.
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Shell Defends Decision to Buy Discounted Oil From Russia
It was reportedly bought at a record discount, with many firms shunning Russian oil due to Moscow’s unprovoked invasion of its neighbor.
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France Pushing to Strengthen EU's Energy Independence as Gas Prices Soar
The EU receives most of its natural gas supplies from Russia. In 2020, Moscow accounted for 43.4% of the EU’s natural gas stock.
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‘I'll Be Darned': Biden Reacts to Pivotal German Election Result
President Biden said “I will be darned” after a reporter told him Germany’s Social Democratic Party was ahead in the election to succeed Angela Merkel.
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Russia Is Pumping a Lot Less Natural Gas to Europe All of a Sudden — and It Is Not Clear Why
Some analysts have suggested Gazprom may be limiting its delivery of natural gas supply to Europe to support its case in starting flows via Nord Stream 2.
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Chinese Companies Sign Up for Euro 2020 Soccer Sponsorships in a Bid to Go Global
Behind soccer players at this year’s Euro 2020 championship, ads roll for a number of Chinese sponsors, including Alibaba-affiliate Alipay.