After months of restraint, President Trump’s move to blacklist Lukoil and Rosneft will hit Russia where it hurts.

European leaders vowed to work in coordination to ratchet up the pressure on Russia as the so-called “coalition of the ...

The U.S. has hit Moscow’s biggest oil producers at a vulnerable time for the country’s economy.

Russia's new wave of tax hikes, designed to mobilise state finances as the war in Ukraine grinds on, is set to hit one in 10 ...

FBI says NBA's Billups, Rozier among those arrested in gambling probe ...

The Vienna Institute for International Economic Studies found Russia’s growth has slumped due to sky-high interest rates.

Days after canceling a planned summit with Putin, citing a lack of progress toward ending the war in Ukraine, Trump took a ...

The Russian economy is balancing on the edge of recession, yet the war could go on for years. Its financing appears to have ...

On Wednesday, US President Donald Trump imposed Ukraine-related sanctions on Russia for the first time in his second term.

Also last month, Sberbank CEO German Gref, one of Russia’s top banking chiefs, said the economy was in “technical stagnation, ...

The impact of President Donald Trump’s attempt to financially choke Moscow’s war machine by imposing sanctions on Russian oil firms was instant; not on the battlefield in Ukraine, but in the offices ...

Sberbank CEO German Gref said Russia is so fixated on fighting inflation that it's forgetting about economic growth.