China's position on the Ukraine crisis is consistent and clear: It calls for dialogue between Russia and Ukraine, as negotiation is the only viable way out of the crisis. It firmly opposes any illicit unilateral sanctions and long-arm jurisdiction, as coercion and pressure will not resolve the crisis.

The EU Committee of Permanent Representatives (Coreper) will hold an extraordinary meeting in Brussels on Sunday 13 July, during which EU member state ambassadors will discuss the draft of the 18th package of EU sanctions against Russia,

Estonia may block introduction of 18th package of European Union sanctions against the aggressor country russia if the bloc's countries decide to exclude a

Freight rates for Russian oil shipments from the Baltic Sea ports to India have fallen in July-August as more tankers have become available, but this could change if new sanctions are imposed on Moscow,