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EU imports record volumes of liquefied natural gas from Russia (www.ft.com)

“It’s shocking that countries in the EU have worked so hard to wean themselves off piped Russian fossil gas only to replace it with the shipped equivalent. It doesn’t matter if it comes from a pipeline or a boat — it still means European companies are sending billions to [Vladimir] Putin’s war chest.”

BRICS MATERIALS: the flourishing intra-BRICS oil trade (bne.eu)

Addition of KSA, UAE, Iran means share has doubled to 42% of crude oil output in 2022. "Saudi pricing oil exports to China and India in non-dollar currencies does not spell the end of the dollar as the international currency of choice,” says ING. Trade within bloc makes trade hard to sanction by West.

Germany arrests a man accused of illegally exporting electronic components for drones to Russia (apnews.com)

A German-Russian dual citizen has been arrested in Germany on allegations of violating the country’s foreign trade act multiple times by exporting electronic components to a company in Russia involved in the production of military materiel and accessories, Germany’s federal prosecutor’s office said Tuesday....

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