Novatek, Russia’s second-largest gas exporter, reported a dramatic profit decline for 2025, highlighting ongoing pressures from sanctions and shifting dynamics in the global LNG market
While global sales of Germany’s leading premium car brands continue to decline, BMW, Mercedes-Benz, Audi, and Porsche posted strong growth in Russia in 2025, even as the country’s overall auto market contracted sharply
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The U.S. strike on Iran’s Bandar Abbas naval base reportedly sank the country’s most advanced Kilo-class submarine, raising concerns about the future strength of Iran’s navy
