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

The president has slapped fresh restrictions on Russia’s two largest oil companies, in response to what he calls Vladimir ...

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

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

Vladimir Putin is facing mounting pressure as new data reveals that more Russians are complaining of floundering economic ...

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

US President Donald Trump has announced what he called "tremendous" new sanctions against two of Russia's largest oil ...

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

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

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

The USD/RUB exchange rate was trading at 81.05 on Friday, down by almost 30% from its highest point in January. What next for the ruble?

"The Russian economy is a wartime economy. Growth is virtually zero," U.S. Treasury Secretary Scott Bessent told CBS News.