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

The invasion of Ukraine is becoming a long-range missile war, as both sides seek military advantage away from the ...

German companies have paid nearly $2 billion (€1.72bn) in taxes to Russia since the Ukraine invasion, funding the war effort. Critics urge immediate withdrawal.View on euronews ...

European leaders vowed to work in coordination to ratchet up the pressure on Russia as the so-called “coalition of the ...

Also last month, Sberbank CEO German Gref, one of Russia’s top banking chiefs, said the economy was in “technical stagnation, ...

Trump has tried to strongarm both Putin and Ukrainian President Volodymyr Zelenskyy at different times during his second term ...

Hungarian Prime Minister Viktor Orbán plans to persuade U.S. President Donald Trump to exempt Hungary from new U.S. sanctions ...

Russia's new wave of tax hikes, designed to mobilise state finances as the war in Ukraine grinds on, is set to hit one in 10 ...

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

The U.S. has hit Moscow’s biggest oil producers at a vulnerable time for the country’s economy.

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

The U.S. and European Union have announced new sanctions targeting Russia's oil industry to pressure Russia to end the war in ...