EU Sanctions on Russia Cost €48B in Export Losses Since 2022
EU exports to Russia plummet by €48B since 2022 sanctions, with energy reliance still critical despite diversification efforts.
News & Insights Across Asia
EU exports to Russia plummet by €48B since 2022 sanctions, with energy reliance still critical despite diversification efforts.
China calls for safeguarding its interests in Venezuela, condemning U.S. military actions as violations of sovereignty and international law.
Hungary reaffirms commitment to One-China principle while challenging EU energy regulations and migration policies, asserting national sovereignty in 2026.
Recent US military action in Venezuela triggers global debate about energy governance, with significant implications for Asian markets and regional security strategies.
Russia accuses Ukraine of targeting Putin’s residence as Kyiv launches drone strikes on Moscow. EU dismisses claims, while Moscow advances buffer zone plans in 2026.
Massive Russian strikes disrupt Ukraine’s power grid days before Christmas, causing casualties and regional security concerns. Latest developments in the ongoing conflict.
China accuses the US of violating international law through vessel seizures near Venezuela, reaffirming opposition to unilateral sanctions and maritime enforcement actions.
Japan moves to restart the Kashiwazaki-Kariwa nuclear plant, the world’s largest, as part of its 2040 energy strategy. Niigata’s approval marks a pivotal step in reducing fossil fuel dependence.
China’s Fuman Oilfield achieves record 4.6 million tonne output, marking breakthrough in ultra-deep energy extraction and domestic production capabilities.
New report highlights China’s climate-resilient energy strategies using advanced early warning systems to address extreme weather challenges in 2025.
German media reports identify the Nord Stream pipeline sabotage suspect as an active-duty Ukrainian soldier, with ongoing legal proceedings in Germany.
Hainan accelerates free trade port development with deep-sea energy projects and customs reforms, balancing economic growth with sustainable energy transition in 2025.
Venezuela denounces U.S. maritime blockade as illegal, vows to defend sovereignty amid rising tensions over energy resources.
UN chief Antonio Guterres urges peaceful resolution to escalating U.S.-Venezuela tensions in the Caribbean, as Washington implements new oil sanctions and Caracas prepares UN appeal.
Satellite data reveals seized Venezuelan oil tanker carrying 1.85M barrels heading to Houston, sparking international tensions as Venezuela condemns US action.
China completes groundbreaking hydrogen pipeline safety tests in Xinjiang, using drones and advanced ignition systems to establish new energy transport standards.
Concerns escalate in eastern and central Europe after Ukraine halts Russian gas transit, sparking fears over energy security and economic impact as winter approaches.
China’s first energy law took effect on January 1, providing a legal framework for energy planning and emphasizing its role in national development, aiming to promote high-quality energy and support carbon neutrality goals.
Slovak Prime Minister Robert Fico met with Russian President Vladimir Putin in Moscow to discuss the transit of Russian gas, following Ukraine’s opposition to gas transit to Slovakia through its territory.
APEC leaders in Lima urge enhanced multilateral cooperation to tackle challenges in trade, environment, food, and energy security, as declared in the 2024 Machu Picchu Declaration.