This surge in fuel expenses could trigger further hikes in consumer prices as petrol directly impacts the cost of transport, ...

Plummeting real estate sales have marked the latest blow to Russia 's economy amid ongoing sanctions and loss of trade linked ...

Russia's sanctions-hit economy has been left reeling by falling fossil fuel revenues and a slump in profitability in the country's oil refineries. Figures released by Russia's state statistics agency ...

The load on Russian Railways (RZhD) has been falling for 20 consecutive months, effectively bringing the national operator to ...

Russia says it has moved into the previously unscathed Dnipropetrovsk region to create a buffer zone, a claim Ukraine has ...

The West, and especially the United States, holds economic levers that could push Vladimir Putin toward serious negotiations ...

Russia’s economy continues to suffer under the weight of Western sanctions imposed since the start of the war in Ukraine, with signs that the black market is surging and counterfeit goods are flooding ...

Hungary's Minister of Foreign Affairs, Péter Szijjártó, known for his openly anti-Ukrainian stance, publicly made another ...

The G7 Summit, scheduled to take place from June 15 to 17 in Kananaskis, Canada, will include discussions on reducing the ...

After three years of doom-defying growth, Russia's heavily militarised economy is slowing, facing a widening budget deficit ...

Taiyo Oil has imported 600,000 barrels of Russian Sakhalin crude at the request of Japan’s government to maintain stable LNG ...

Japan has resumed importing Russian crude oil after over a two-year hiatus, receiving a shipment via a tanker that is under ...