Moscow is playing a long gas game

Moscow is on the hunt for new gas markets since it lost Europe. China and Central Asia are in easy reach and deals are already being done, but in the long-term India is the big prize.

Power Panel: Western sanctions target price caps for Russian Oil

Despite the extreme sanctions that were brought in from March onwards on to Russia and the affect that had in reducing the exports, that actually because of the price spike Russia is making more money than ever. So now on the table, the seventh package of sanctions is a proposal to put a cap on the price that people pay.