Russia may shelf South Stream if the EU isn't going to minimize its supply risks, according to a high-profile government official.

Moscow said it would wait patiently for the delivery of the Mistral-class helicopter carrier and refrain from sanctions for some time.

France has put the delivery of the Mistral-class helicopter carrier on hold, citing lack of progress on the ground in Ukraine.

Russian Foreign Minister Sergei Lavrov said that, unlike the United States, Moscow was ready to cooperate with Washington, “in terms not of benefits, but of common interests”.

German Foreign Minister does not think toughening sanctions against Russia is a good idea.

Moscow said it would wait for the handover of the first Mistral-class helicopter carrier until the end of November.

Nicolas Sarkozy has called on the government to hand over Mistrals to Russia despite the US pressure.

France has issued unclear signals about the delivery of the first Mistral-class helicopter carrier to Russia.

Gunvor, one of the world’s largest oil traders, is seeking to sell off its Russian assets to distance itself from the country hit with international sanctions and send a hopeful signal to investors, says a report by The Financial Times.

Bloomberg paints a grim picture of Russia’s intellectual resources depleting as international sanctions bite harder.