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Bloomberg: China buys Russian gas at 50% discount until the end of the year.

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China's imports of Russian liquefied natural gas soared to their highest level since 2020, according to Bloomberg data. "China is able to secure cheaper supply and resell shipments from more expensive exporters to utilities in Europe and Asia," Bloomberg reports.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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The arms deal was signed in Moscow in December, and requires Russia to send Iran 500 "Verba" Man-Portable Air-Defense System (MANPADS) launch units and 2,500 9M336 surface-to-air missiles over three years, the Financial Times reported.

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