Businesses and consumers across the country are reeling under the effects of spiralling inflation and high interest rates.

Russia’s oil prices fell for a fifth week, leaving the value of the nation's shipments close to a two-year low and largely ...

The blaze is the latest in a series of fires and explosions that have plagued Russia's energy infrastructure over the past ...

Russia's central bank sees oil prices stabilizing at $60 per barrel going forward as it expects global demand to rebound as ...

The company of the Greek billionaire shipowner George Economou secretly sold a gas carrier to unknown buyers from China.

Russia's oil price in roubles has fallen to a two-year low below the 4,000 rouble per barrel mark and some 40% lower than ...

The EU has given the greenlight to a fresh round of sanctions against Russia, sharpening its focus on the Kremlin’s 'shadow' ...

The new measures against the Kremlin -- the 17th round of sanctions from the EU since Russia's 2022 full-scale invasion of Ukraine -- were in the pipeline before European leaders issued their latest ...

The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.

The UK government has announced sanctions against 100 Russian oil tankers belonging to the so-called shadow fleet that are ...

A leading economist has been telling EU finance ministers that Russia’s economy is under growing strain as its invasion of Ukraine drags on ...

Sen. Lindsey Graham (R-S.C.) is pushing ahead with his plan to impose new sanctions on Russia and tariffs on countries that ...