Energy price shock eases slightly as Germany allays fears of imminent Russia embargo

Gas and oil hit record highs before stabilising as countries dependent on Russian imports say measures likely to be introduced ‘step by step’

Mastercard and Visa block in Russia does not stop domestic purchases

Impact of US card giants’ move diluted after local Mir payment system clarifies ban only affects foreign transactions

Sanctions will take time and ‘Ukraine fatigue’ could blunt west’s resolve as cost of living crisis deepens

Elvira Nabiullina, noted for her symbolic outfits, wore funereal black when announcing the economic response to sanctions

Moscow stock exchange remained closed during the week, while the rouble fell to record lows

Analysis: how long the price stays high is key, as are interest rate decisions central banks make

Repercussions from war expected to lead to much deeper recession than the one caused by Covid, say analysts

Analysis: Economic penalties have been meted out since Napoleon’s day but there’s little proof they achieve the desired outcome

The invasion of Ukraine has led many British firms to consider disinvestment – with encouragement from the government

List of people and organisations blacklisted by UK, US and EU

Business secretary Kwasi Kwarteng says number of companies are joining in isolating Russia

Debate rages over whether Russian banks could use crypto such as bitcoin as an alternative currency exchange

Government claims it will boost bilateral trade by 60% but critics call its benefits ‘economically marginal’

We look at the different economic measures deployed around world to counter aggression from Putin

Russian currency expected to plunge in first day’s trading since Swift ban and ECB says state-owned Sberbank subsidiaries are set to collapse