Russian gas giant Gazprom , squeezed by plunging sales abroad as the Ukraine conflict prompts European buyers to turn away, is seeking to raise regulated prices at home to fund investment, Interfax news agency reported on Thursday.

Gas prices in Russia do not meet Gazprom’s needs for implementing investment projects, stated Aleksei Sakharov, head of Gazprom’s strategic division, during a meeting of the Expert Council under the State Duma,

Russia has given its first response to Donald Trump’s ultimatum calling on Vladimir Putin to engage in peace talks or see his Ukraine invasion end “the hard way”.Writing on his Truth Social platform days after re-entering the White House,

Gazprom is considering cutting about 40% of its headquarters staff - more than 1,500 job cuts - as the Russian gas giant grapples with the loss of most of its sales to Europe, state news agency TASS reported on Monday.

The US Treasury imposed sanctions on Gazprom Neft and Surgutneftegas, which explore for, produce and sell oil as well as 183 vessels that have shipped Russian oil, many of which are in the so-called shadow fleet of ageing tankers operated by non-Western companies.

Kyiv region. A Russian ballistic missile strike in Ukraine's capital on the morning of January 18 killed three people and wounded three others. Dnipropetrovsk region. On the morning of January 17, a Russian missile attack on the region's second-biggest city, home to more than 500,000 residents, killed four people and wounded 14 others.

U.S.-led sanctions have hit Russian oil exports. Moscow has accused Ukraine of trying to strike its last gas pipeline into Europe.

While Moscow and Chisinau blame each other for the situation after the gas cut, many of the affected inhabitants view themselves as casualties of political games.

Russian energy provider Gazprom halted gas to Moldova on January 1 over what it said were longstanding debts with the government in Chisinau, the same day a major gas transit agreement between Moscow and Kyiv to pipe gas across Ukraine ended. Moscow says ...

The Department of Energy/Energy Information Administration average weekly retail price posted for Monday – but released a day later due to the Martin Luther King Jr. holiday – rose 11.3 cents a gallon to $3.715. It has not been that high since Aug. 5, when the price was $3.755 a gallon.

The no-confidence vote, if it succeeds, will trigger a snap election. According to a recent January poll, the liberal opposition Progressive Slovakia is the most popular party in the country on 23.9 percent support, with Fico’s ruling Smer in second on 18 percent.

Russia's Gazprom is considering cutting hundreds of administrative jobs, a company spokesman confirmed to AFP on Monday, as the gas producer reels amid the loss of key exports to Europe.