Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Russia Business Times.

Ukrainian Pipeline Attack Halts Russian Oil Flow to Hungary
(MENAFN) A recent strike by Ukraine on a key oil conduit inside Russian territory has led to the suspension of Russian crude oil shipments to Hungary, according to Hungarian Foreign Minister Peter Szijjarto, who issued a strong condemnation on...

Ukraine Reports 9 Died in Russian Airstrikes on Kharkiv, Zaporizhzhia
(MENAFN) Russian aerial assaults on the Ukrainian cities of Kharkiv and Zaporizhzhia left at least nine people dead and 40 wounded, Ukrainian officials confirmed on Monday. In Kharkiv, a Shahed drone slammed into a high-rise residential block in...

Trump Blames Biden for Making Russia-China Allies
(MENAFN) U.S. President Donald Trump has accused former President Joe Biden of unintentionally driving Russia and China into a closer alliance, calling the move a strategic misstep with global consequences. The remarks followed Trump’s summit with...

Trump claims Biden driving Russia, China closer together
(MENAFN) US President Donald Trump has accused former President Joe Biden of unintentionally pushing Russia and China into a closer alliance. Speaking after his Alaska summit with Russian President Vladimir Putin, which focused on resolving the...

US Withdraws from Trade Talks with India
(MENAFN) American trade representatives have reportedly withdrawn from a scheduled visit to New Delhi for the sixth session of negotiations on a bilateral trade pact, according to Indian news sources. The delegation, which was to be led by...

Yerevan court extends detention of Russian-Armenian businessman
(MENAFN) A Yerevan court has prolonged the detention of Russian-Armenian billionaire Samvel Karapetyan by two months, despite a recent ruling declaring his initial arrest unlawful. Karapetyan, a critic of Armenian Prime Minister Nikol Pashinyan,...

Russian economic envoy says Ukraine’s supporters are panicking
(MENAFN) European and UK backers of Ukraine are reportedly “in a panic” following the Alaska summit between Russian President Vladimir Putin and US President Donald Trump, according to Russian economic envoy Kirill Dmitriev. Putin and Trump met in...

Economist Criticizes US Tariffs on India’s Oil Purchases
(MENAFN) The United States has no entitlement to dictate to India whom it can engage with in trade, stated Jeffrey Sachs, director of the Center for Sustainable Development at Columbia University, on Friday. The renowned economist shared his views...

Iran's first vice President, Russian PM call for expansion of two-sided collaboration
(MENAFN) Iran’s First Vice President Mohammad-Reza Aref and Russian Prime Minister Mikhail Mishustin have committed to deepening collaboration across multiple fields, according to reports. The two leaders met Friday in Cholpon-Ata, Kyrgyzstan, on...

Yerevan court elongates Russian-Armenian businessman’s detention
(MENAFN) A Yerevan court has prolonged the arrest of Russian-Armenian billionaire and critic of Prime Minister Nikol Pashinyan, Samvel Karapetyan, by two months, despite a recent ruling declaring his detention unlawful. Karapetyan’s lawyer, Liana...

Zelensky Urges Harsher Sanctions on Russia
(MENAFN) Ukrainian President Vladimir Zelensky has called for more stringent penalties against Russia should a proposed trilateral meeting between him, U.S. President Donald Trump, and Russian President Vladimir Putin fail to occur. Zelensky’s...

Zelensky urges for tougher sanctions against Russia
(MENAFN) Ukrainian President Vladimir Zelensky has called for tougher sanctions on Russia if a three-way summit with US President Donald Trump and Russian President Vladimir Putin does not take place. His remarks followed a Saturday call with...

Iran, Russia Discuss Enhancing Bilateral Collaboration
(MENAFN) Iran’s First Vice President Mohammad-Reza Aref and Russian Prime Minister Mikhail Mishustin met Friday in Kyrgyzstan’s Cholpon-Ata during the Eurasian Economic Union (EAEU) summit, calling for accelerated growth in bilateral collaboration...

Indian, Russian FMs to meet in Moscow
(MENAFN) Indian Foreign Minister S. Jaishankar is scheduled to visit Moscow next week to hold high-level discussions with Russian Foreign Minister Sergey Lavrov, Russia’s Foreign Ministry announced on Wednesday. The talks, set for August 21, will...

China blacklists EU over Russia sanctions
(MENAFN) China has blacklisted two EU-based banks in response to Brussels’ latest Ukraine-related sanctions, which targeted Chinese financial institutions among others. The Chinese Ministry of Commerce named Lithuania-based UAB Urbo and AB Mano,...

Putin suggests upcoming meeting in Moscow to Trump
(MENAFN) The Russia-US summit in Alaska concluded with talks between Russian President Vladimir Putin and US President Donald Trump, followed by a joint press conference. The discussions at Joint Base Elmendorf-Richardson centered on resolving the...

Putin envoy arrives in Alaska before of Russia-US summit
(MENAFN) Kirill Dmitriev, Russian President Vladimir Putin’s special envoy for economic cooperation and head of the Russian Direct Investment Fund (RDIF), has arrived in Alaska ahead of Friday’s high-stakes summit between Putin and US President...

U.S. Stocks Close Lower on Friday After Weak Economic Data
(MENAFN) The New York Stock Exchange closed mostly lower on Friday as weak economic data, including disappointing consumer sentiment, retail sales, and industrial production figures, weighed on markets. A downturn in chip stocks also contributed...

Imprisoned Russian-Armenian businessman’s family files USD500mn lawsuit against Yerevan
(MENAFN) The family of imprisoned Russian-Armenian businessman Samvel Karapetyan has filed a $500 million lawsuit against the Armenian government, led by Prime Minister Nikol Pashinyan, over the nationalization of his company, Electric Grids of...

Russia Sees 1.2 Percent GDP Growth in First Half of 2025
(MENAFN) Russia's economy expanded by 1.2% in the first half of 2025, according to reports released on Wednesday. The Russian Ministry of Economic Development has estimated the growth at 1.2% year-over-year for the period, as reported by a local...