Despite the US sanctions, Russia’s primary diamond producer, Alrosa, keeps selling to the West, using intermediaries in third countries Alrosa even managed to boost its sales in 2023. Some of the ...

Imports of diamonds and liquid petroleum gas from Moscow were among commodities set to be banned as per a proposal by the European Commission as the bloc looked to tighten implementation of a price ...

MOSCOW. Jan 29 (Interfax) - There is no current need to purchase diamonds for the State Precious Metals and Gemstones Repository (Gokhran) to support Alrosa , as the mining company's financial ...

Russia's one of the world's biggest diamond suppliers, and the sale of the product is an important source of revenue for the country. So far, the gems have not been subjected to the same kind of ...

Diamond imports from the UAE rose 5% year-on-year in11M 2025 to $7.76 billion, imports from Hong Kong were flat at $2.26 billion, supplies from Belgium fell 12% to $1.73 billion and from the U.S. they ...

The EU appears set on including prohibitions on the sale of Russian diamonds in its upcoming 12th package of sanctions against Moscow over its invasion of Ukraine. The move, aimed at exerting pressure ...

Editor’s Note: This article was originally published by The Business of Fashion, an editorial partner of CNN Style. After close to two years of conflict, the global diamond market is set to feel the ...

Surat: Amid another threat of a US tariff increase, Russian rough diamond imports to India reduced by over 50% over the past five years, and are dropping further. From $818 million in 2021-22, the ...

The Group of 7 and the European Union are expected to issue new rules in an effort to slow the flow of revenue into the Kremlin’s war chest. By Elizabeth Paton Elizabeth Paton covers the international ...

(CNN) — After close to two years of conflict, the global diamond market is set to feel the full consequences of the war in Ukraine. The European Union earlier this month added the world’s biggest ...

A large part of the world's supply of diamonds comes from Russia. The U.S. and Europe may try to cut off the revenue the country is raising from the gems given the war in Ukraine. Russia's one of the ...