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EU energy ministers support proposal to end imports of Russian oil and gas by end of 2027

Final deadline to phase out Russian oil and gas permanently to be negotiated in November and December by Council of the EU and the bloc’s parliament
January 12, 2026

Kremlin faces further fall in oil revenues after Indian refineries pause purchases

January 12, 2026

Russia cuts interest rate 100 bp to 17% even as inflation expectations remain high