Russian businesses report severe financial challenges, with rising payment delays and declining demand as firms focus on ...

In considering the many effects of the war in Ukraine on the Russian economy, few suspected that fuel shortages would be one of them. After all, Russia is an oil-rich country whose energy ...

China and Russia pledged a joint response to unilateral sanctions during a visit by Russia's Prime Minister, as Chinese ...

Russia and China have “almost completely switched” to using their national currencies in trade settlements, Russian Finance ...

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

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

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

Wall Street analysts are warning of severe economic fallout for Russia after President Donald Trump imposed new sanctions on ...

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

Russia has sharply increased the production of BTR-82 armored personnel carriers, effectively returning to the mass production of Soviet-style armored ...

Top Western oil companies are enjoying a windfall from the expanding attacks on Russia's oil industry – both literal and economic – that have boosted global refining profit margins and mitigated ...

Russian President Vladimir Putin stated Thursday that new U.S. sanctions would not affect the Russian economy, describing them as "an attempt to put pressure on Russia," according to state news agency ...