Russia’s Lavrov Sees No ‘Bright Future’ for Economic Ties with US

06 February 2026, Russia, Moscow: Russian Foreign Minister Sergei Lavrov gives a press conference following a meeting with Organization for Security and Cooperation in Europe (OSCE) Chairperson-in-Office Ignazio Cassis, head of Switzerland's Federal Department of Foreign Affairs, Federal Councilor of the Swiss Confederation, and OSCE Secretary General Feridun Sinirlioglu at the Russian Foreign Ministry's Reception House. (Sofya Sandurskaya/TASS via ZUMA Press/dpa)
06 February 2026, Russia, Moscow: Russian Foreign Minister Sergei Lavrov gives a press conference following a meeting with Organization for Security and Cooperation in Europe (OSCE) Chairperson-in-Office Ignazio Cassis, head of Switzerland's Federal Department of Foreign Affairs, Federal Councilor of the Swiss Confederation, and OSCE Secretary General Feridun Sinirlioglu at the Russian Foreign Ministry's Reception House. (Sofya Sandurskaya/TASS via ZUMA Press/dpa)
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Russia’s Lavrov Sees No ‘Bright Future’ for Economic Ties with US

06 February 2026, Russia, Moscow: Russian Foreign Minister Sergei Lavrov gives a press conference following a meeting with Organization for Security and Cooperation in Europe (OSCE) Chairperson-in-Office Ignazio Cassis, head of Switzerland's Federal Department of Foreign Affairs, Federal Councilor of the Swiss Confederation, and OSCE Secretary General Feridun Sinirlioglu at the Russian Foreign Ministry's Reception House. (Sofya Sandurskaya/TASS via ZUMA Press/dpa)
06 February 2026, Russia, Moscow: Russian Foreign Minister Sergei Lavrov gives a press conference following a meeting with Organization for Security and Cooperation in Europe (OSCE) Chairperson-in-Office Ignazio Cassis, head of Switzerland's Federal Department of Foreign Affairs, Federal Councilor of the Swiss Confederation, and OSCE Secretary General Feridun Sinirlioglu at the Russian Foreign Ministry's Reception House. (Sofya Sandurskaya/TASS via ZUMA Press/dpa)

Russia remains open for cooperation with the United States but is not hopeful about economic ties despite Washington's ongoing efforts to end the Ukraine war, Russian Foreign Minister Sergei Lavrov said in an interview published on Monday.

Speaking to Russia-based media outlet TV BRICS, ‌Lavrov cited what ‌he called the ‌United ⁠States' declared ‌aim of "economic dominance".

"We also don't see any bright future in the economic sphere," Lavrov said.

Russian officials, including envoy Kirill Dmitriev, have previously spoken of the prospects for a major restoration ⁠of economic relations with the United States as ‌part of any eventual Ukraine ‍peace settlement.

But although ‍President Donald Trump has also ‍spoken of reviving economic cooperation with Moscow and has hosted his Russian counterpart Vladimir Putin on US soil since returning to the White House, he has imposed further onerous sanctions on Russia's vital ⁠energy sector.

Lavrov also cited Trump's hostility to the BRICS bloc, which includes Russia, China, India, Brazil and other major developing economies.

"The Americans themselves create artificial obstacles along this path (towards BRICS integration)," he said.

"We are simply forced to seek additional, protected ways to develop our financial, economic, logistical and ‌other projects with the BRICS countries."



US Military Expands Iran Blockade to Include Contraband Shipments

FILE PHOTO: Two F/A-18 Super Hornets launch from the flight deck of the US Navy Nimitz-class aircraft carrier USS Abraham Lincoln in support of the Operation Epic Fury attack on Iran from an undisclosed location March 3, 2026. US Navy/Handout via REUTERS
FILE PHOTO: Two F/A-18 Super Hornets launch from the flight deck of the US Navy Nimitz-class aircraft carrier USS Abraham Lincoln in support of the Operation Epic Fury attack on Iran from an undisclosed location March 3, 2026. US Navy/Handout via REUTERS
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US Military Expands Iran Blockade to Include Contraband Shipments

FILE PHOTO: Two F/A-18 Super Hornets launch from the flight deck of the US Navy Nimitz-class aircraft carrier USS Abraham Lincoln in support of the Operation Epic Fury attack on Iran from an undisclosed location March 3, 2026. US Navy/Handout via REUTERS
FILE PHOTO: Two F/A-18 Super Hornets launch from the flight deck of the US Navy Nimitz-class aircraft carrier USS Abraham Lincoln in support of the Operation Epic Fury attack on Iran from an undisclosed location March 3, 2026. US Navy/Handout via REUTERS

The US Navy said on Thursday the military had expanded a maritime blockade on Iran to include “contraband” shipments, adding that any vessel suspected of heading to Iranian territory would be subject to verification and inspection.

“These vessels, regardless of their location, are subject to boarding, inspection and seizure of cargo,” the Navy said in a statement updated after the blockade was imposed on Monday, according to Reuters.

Contraband includes weapons, weapons systems, ammunition, nuclear materials, crude oil and refined petroleum products, as well as iron, steel and aluminum.

As diplomatic activity intensifies, signals remain mixed over the course of US-Iran talks. A date for a second round of negotiations has yet to be set, with disagreements persisting over the nuclear file and sensitive issues related to highly enriched uranium and the duration of restrictions on Iran’s nuclear program.


IEA Chief Says Europe Has 'Maybe 6 Weeks or So' of Jet Fuel Left

 Aircraft pass behind kerosene storage facilities at Liege Airport in Liege, Belgium, 16 April 2026.  EPA/Olivier Hoslet
Aircraft pass behind kerosene storage facilities at Liege Airport in Liege, Belgium, 16 April 2026. EPA/Olivier Hoslet
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IEA Chief Says Europe Has 'Maybe 6 Weeks or So' of Jet Fuel Left

 Aircraft pass behind kerosene storage facilities at Liege Airport in Liege, Belgium, 16 April 2026.  EPA/Olivier Hoslet
Aircraft pass behind kerosene storage facilities at Liege Airport in Liege, Belgium, 16 April 2026. EPA/Olivier Hoslet

Europe has “maybe six weeks or so (of) jet fuel left,” the head of the International Energy Agency said Thursday in a wide-ranging Associated Press interview, warning of possible flight cancellations “soon” if oil supplies remain blocked by the Iran war.
IEA Executive Director Fatih Birol painted a sobering picture of the global repercussions of what he called “the largest energy crisis we have ever faced,” stemming from the pinch-off of oil, gas and other vital supplies through the Strait of Hormuz.
“In the past there was a group called ‘Dire Straits.’ It’s a dire strait now, and it is going to have major implications for the global economy. And the longer it goes, the worse it will be for the economic growth and inflation around the world,” he said.
The impact will be “higher petrol (gasoline) prices, higher gas prices, high electricity prices,” Birol told the AP, speaking in his Paris office looking out over the Eiffel Tower.
No country is immune Economic pain will be felt unevenly and "the countries who will suffer the most will not be those whose voice are heard a lot. It will be mainly the developing countries. Poorer countries in Asia, in Africa and in Latin America,” said the Turkish economist and energy expert who has led the IEA since 2015.
But without a settlement of the Iran war that permanently reopens the Strait of Hormuz, “Everybody is going to suffer,” he added.
“Some countries may be richer than the others. Some countries may have more energy than the others, but no country, no country is immune to this crisis," he said.
Without a reopening of the waterway, some oil products may dry up, he warned.
In Europe, “I can tell you soon we will hear the news that some of the flights from city A to city B might be canceled as a result of lack of jet fuel," he said.
Hormuz tolls a risk for the future Birol spoke out against the so-called “toll booth” system that Iran has applied to some ships, letting them travel through the strait for a fee. He said allowing that to become more permanent would run the risk of setting a precedent that could then be applied to other waterways, including the vital Malacca Strait in Asia.
“If we change it once, it may be difficult to get it back,” he said. “It will be difficult to have a toll system here, applied here, but not there.”
“I would like to see that the oil flows unconditionally from the point A to point B,” he said.
Even with a peace deal, strikes on energy facilities means it could be many months before pre-war production levels are restored, he said.
“Over 80 key assets in the region have been damaged. And out of these 80, more than one third are severely or very severely damaged,” he said.
“It will be extremely optimistic to believe that it will very quick," Birol said. “It will take gradually, gradually, up to two years to come back where we were before the war.”


EU, NATO to Work to Strengthen Relationship, Von der Leyen Says 

FILE PHOTO: A NATO flag flutters at the Tapa military base, Estonia April 30, 2023. REUTERS/Ints Kalnins/File Photo
FILE PHOTO: A NATO flag flutters at the Tapa military base, Estonia April 30, 2023. REUTERS/Ints Kalnins/File Photo
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EU, NATO to Work to Strengthen Relationship, Von der Leyen Says 

FILE PHOTO: A NATO flag flutters at the Tapa military base, Estonia April 30, 2023. REUTERS/Ints Kalnins/File Photo
FILE PHOTO: A NATO flag flutters at the Tapa military base, Estonia April 30, 2023. REUTERS/Ints Kalnins/File Photo

European Commission President Ursula von der Leyen said on Thursday that she agreed with NATO Secretary General Mark Rutte to work in the coming weeks to strengthen the European Union's relationship with the military alliance.

"We discussed the upcoming NATO Summit and how we can upscale defense industrial output in Europe," von der Leyen said in a post on social media platform X after meeting Rutte in Brussels, Reuters reported.

"We need to invest more, to produce more and to do both faster. With the rise in global security threats, we agreed to work closely together in the next weeks to strengthen the EU-NATO relationship and prepare a successful Summit in Ankara," she added.

Rutte said in a post about his discussion with von der Leyen that "a stronger Europe means a stronger NATO".