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

Freight rates for Russian crude from Baltic ports to India fall amid tanker surplus, but EU’s proposed lower price cap could ...

A former banking chief has warned that Russia's economy could get ‘out of control' due to the rise in fake goods.

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 ...

Leaders from the Group of Seven nations begin annual talks on Monday amid wars in Ukraine and the Middle East that add to ...

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

Eastern Europe summit in Odessa has become a balm for Vladimir Zelensky's soul. The event was attended by representatives of ...

The U.S. has not announced any military aid packages for Ukraine in almost five months, pushing Kyiv to seek new alternatives ...

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

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

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 ...

The Hungarian government will use every means at its disposal to block the Von der Leyen–Zelensky plan, which would ruin ...