Russia's economy will not recover anytime soon from sweeping sanctions imposed by Western nations over its war in Ukraine, ...

In considering the many effects of the war in Ukraine on the Russian economy, few suspected that fuel shortages would be one of them. After all, Russia is an oil-rich country whose energy ...

Russian Finance Minister Anton Siluanov said state assets would be privatized this year in a plan worth $1.2 billion.

After years of insulation from the effects of Vladimir Putin’s war, Russia’s economy is finally starting to take a hit.

U.S. Treasury Secretary Scott Bessent said that Vladimir Putin’s envoy Kirill Dmitriev is a Russian propagandist who lies ...

President Donald Trump told Hungary’s Prime Minister Viktor Orbán that the United States will not penalize Hungary for continuing to purchase Russian energy for one year, softening the impact of ...

The Russian economy is set to lose $44 billion to cyber crime in 2020, according to estimates published on Tuesday by Russian bank Sberbank , with the shift to online during the COVID-19 pandemic ...

US President Donald Trump has announced what he called "tremendous" new sanctions against two of Russia's largest oil companies, in a bid to pressure Moscow into ending its war on Ukraine. The ...

Vladimir Putin’s wartime economy has been resilient in the face of Western sanctions triggered by his invasion of Ukraine, ...

MOSCOW (Reuters) -The Kremlin on Wednesday pushed back at U.S. President Donald Trump's warning that the Russian economy was going to collapse, saying that Russia had considerable ​reserves and was ...

As Russian Energy Week concluded last week, Western governments strike to the heart of Russia’s energy sector with sanctions packages to cut ...

The United States has granted Hungary a one-year exemption from its sanctions on Russian oil and gas following a personal ...