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The ruble closed at the highest level in five years against the euro.

'The past four weeks have been particularly poor'.

South Sudan's state revenues have plummeted as a result of a ruptured pipeline.

Russia has agreed to extend the Black Sea Grain deal for a further 60 days.

Political risk analysts do not anticipate a near-term resolution.

As Europe presses on with the goal to cut its dependence on Russian gas, the pace of its energy transition is picking up.

Russia surpassed Saudi Arabia as China's biggest oil supplier with refiners taking advantage of cheap barrels.

Russia blew past Saudi Arabia to become the biggest source of Chinese oil imports last year.

About $80 billion is scattered across holdings of cash, real estate and investments in affiliates abroad, according to a Bloomberg Economics estimate.

A Russian court allowed a crucial export route for Kazakh oil to keep operating.