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

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

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

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 ...

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

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

Ukraine sent drones towards Moscow for the third consecutive night and targeted several other Russian regions, disrupting air traffic throughout the country and threatening an industrial plant in ...

Hungarian Prime Minister Viktor Orbán said Friday that Hungary will continue to source fossil fuels from Russia despite ...