Russia's economy could spiral as vital oil exports are sanctioned and refineries hit by Ukraine in drone strikes.

Russia is using non-sanctioned vessels and rerouting others to keep oil exports going, maritime data shows, but risks ...

Russia’s crude output fell to 8.962 million barrels a day in January, 16,000 barrels a day below its target under the OPEC+ supply agreement ...

Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...

Russia appears to be "addicted" to military spending to keep its economy propped up, a think tank said this week.

European countries are pushing for new powers to squeeze Moscow’s shadow fleet after a spate of incidents in the Baltic Sea.

The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating ...

The nation's oil and gas revenue is also expected to decline through 2027, the draft budget showed. Economists share a grim outlook for Russia's economy, with some experts expecting the nation to ...

The Biden administration has imposed some of its toughest sanctions yet on Russia, in a move designed to hit Moscow's energy revenue that is fuelling its war in Ukraine. The measures target more than ...

Just one week into his presidency, U.S. President Donald Trump has hinted at his approach to U.S. sanctions on Russia. First, ...

The country’s wealth fund is being depleted after three years of war – and signs of fragility are starting to emerge ...

Russia’s economy is showing “serious cracks” and the West must intensify sanctions to put Ukraine in the best possible ...