Businesses and consumers across the country are reeling under the effects of spiralling inflation and high interest rates.

Russia’s oil prices fell for a fifth week, leaving the value of the nation's shipments close to a two-year low and largely ...

The blaze is the latest in a series of fires and explosions that have plagued Russia's energy infrastructure over the past ...

Russia's central bank sees oil prices stabilizing at $60 per barrel going forward as it expects global demand to rebound as ...

The company of the Greek billionaire shipowner George Economou secretly sold a gas carrier to unknown buyers from China.

Russia's oil price in roubles has fallen to a two-year low below the 4,000 rouble per barrel mark and some 40% lower than ...

The new measures against the Kremlin -- the 17th round of sanctions from the EU since Russia's 2022 full-scale invasion of Ukraine -- were in the pipeline before European leaders issued their latest ...

The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.

A leading economist has been telling EU finance ministers that Russia’s economy is under growing strain as its invasion of Ukraine drags on ...

The UK government has announced sanctions against 100 Russian oil tankers belonging to the so-called shadow fleet that are ...

Sen. Lindsey Graham (R-S.C.) is pushing ahead with his plan to impose new sanctions on Russia and tariffs on countries that ...

Vladimir Putin is set to host heads of states for festivities marking the 80th anniversary of the defeat of Nazi Germany in ...