... target for a long time was suppliers of export-controlled goods and industrial products to Russia that circumvented EU export controls. However, since July 2025, a trend has emerged of escalating secondary sanctions against Russia’s partners in the energy sector.
Ivan Timofeev:
New Sanctions as a Political Signal
For example, the eighteenth package of sanctions included legal entities in third countries that, according to EU authorities, are involved in the transportation of Russian oil. These include Bellatrix Energy and Zhu Jiang ...
.... Meanwhile, the countries imposing sanctions—and those heavily dependent on Russian energy—may bear disproportionate costs. Europe, for instance, relies on Russia for a significant portion of its natural gas and oil needs. Disruptions caused by sanctions could exacerbate energy shortages, increase prices, and undermine industrial and domestic stability across the continent.
The broader implications of sanctions extend beyond economics. They distort international trade, reduce energy security, and create global market ...
... multifaceted cooperation, grounded in their economic interests and diversification of partnerships, which is particularly relevant amid external pressure and Western sanctions.
Future prospects and multipolarity
The Prospects for Russian-Serbian Relations Amid Sanctions. RIAC Working Paper
Energy has been and will remain the backbone of bilateral relations, at least on the economic front. Russia has historically ensured Serbia’s energy security through gas and oil supplies as well as investments in key fuel industry assets. This dependency ...
... 269/2014
, they are mostly routine. In addition to military-industrial complex companies and industrial companies, it is customary to impose restrictions on companies from China and India engaged in the supply of industrial goods to Russia. The blocking sanctions against India’s Nayara Energy Limited can be considered notable. According to the EU authorities, the company is 49 percent owned by the Russian oil company Rosneft. Nayara Energy Limited was sanctioned due to its involvement in the Russian energy sector. Probably, according ...
... Under favorable conditions, Russia could secure a more systematic presence in certain niches, particularly in agriculture and energy. This could add a new depth to bilateral relations and become their hallmark for years to come, especially amid the uncertain ... ... largely centered around three main topics. The first concerns the overall prospects for developing diplomatic dialogue, given the sanctions pressure on Russia and Indonesia’s peace plan for resolving the Ukraine crisis. The second is about the future of ...
... between the EU and the Eurasian Economic Union (EAEU).
The following analysis will assess the economic implications of resuming mutually beneficial pre-conflict trade and economic relations between Germany and Russia. It will focus on key areas such as sanctions, energy prices, trade in goods and services, and the impact of the refugee crisis. Additionally, the potential benefits of a comprehensive EU-EAEU free trade agreement will be explored as a pathway to stabilizing and revitalizing Germany’s economic future....
... dividends on profits made by the operating consortium from selling oil and gas produced from the fields. The second example is the lack of investment by Indian petroleum companies in Arctic projects such as Arctic LNG 2 and Rosneft. From a long-term energy security perspective, investment appears to be logical and rational. However, this also creates a geopolitical risk due to US sanctions on the Arctic LNG 2 project and other mining related sanctions. Furthermore, there may also be other legitimate unresolved Indian concerns. For instance, due to problems with the German subsidiary of Gazprom, which refused to honor its contract,...
... different platforms to expand cooperation with Russia, particularly by discussing the possibilities of its participation in the EAEU.
Restrictive sanctions imposed on Russia by the United States, EU, and allies, as well as the unofficial “self-imposed sanctions” by Western companies and financial institutions force Russian companies, including those in energy, to consider the possibility of transferring their foreign representative offices to the UAE. This is facilitated by a favorable tax climate in the country, the availability of a developed infrastructure, and a system of services. Trading in ...
On September 30, 2022 the Russian International Affairs Council (RIAC) together with the Moscow Chamber of Commerce and Industry held a roundtable Russia – India Energy Cooperation under New Geopolitical Conditions. The event was closed from the public
On September 30, 2022 the Russian International Affairs Council (RIAC) together with the Moscow Chamber of Commerce and Industry held a roundtable Russia – ...
... Kishida’s revamped government will act cautiously, avoiding shocks in the energy sector that is critical for Japan.
As for NPPs, polls demonstrate an increased approval of plans to partially recommission nuclear power plants over instability on global energy markets prompted by anti-Russian sanctions. Relying on those polls, Fumio Kishida has made a number of careful statements to the effect that several nuclear power units
are expected to be commissioned
in addition to the ten currently operational (as of June 2022). Overall, currently ...