Nabiullina, Governor of the Central Bank of Russia: These measures will be temporary and their effectiveness will be monitored.

Nabiullina, Governor of the Central Bank of Russia: There is no contradiction between my position and that of the president on this issue.

Russian Central Bank Governor Nabiullina: Companies have the ability to buy back the proceeds from their sales.

Nabiullina, Governor of the Central Bank of Russia: We have doubts about the effectiveness of forced foreign exchange sales measures.

According to RIA Novosti: A committee of the lower house of the Russian parliament has drafted legislation to revoke the nuclear test ban treaty.

Barclays: Lowered its forecast for UK GDP growth in 2023 to 0.5%, from 0.6% previously.

Pakistan Energy Minister: Pakistan is considering signing a contract with Russia to import 700,000-1 million tons of oil per year.

Turkish Presidential Palace: President Recep Tayyip Erdogan discussed the Israeli-Palestinian conflict with UAE President Mohammed Al Nahyan.

International Red Cross: Based on the supply situation we have inside Gaza, it will not be possible to sustain the civilian population for long.

Market news: Italian Prime Minister Meloni postponed the African summit due to the Israel-Hamas conflict.

Russian Deputy Prime Minister Novak: Russia’s OPEC+ commitments include the export of petroleum products.

Russian Deputy Prime Minister Novak: Russia has reduced exports of oil and petroleum products.

ECB Governing Council member Villeroy: If possible, monetary policy should achieve a soft landing.

Neftneft of Ukraine: We have nearly 16 billion cubic meters of natural gas stored.

French Finance Minister Bruno Le Maire: The G7 oil price ceiling has worked, but there are some loopholes and implementation needs to be strengthened.

ECB Governing Council member Villeroy: If we can ensure a soft landing, that would be a better route.

EU Economic Commissioner Gentiloni: EU member states must maintain prudent fiscal policies.

ECB Governing Council member Villeroy: Duration is more important than level.

ECB Governing Council member Villeroy: At the moment, patience with monetary policy is more important than activism.