The U.K. sanctioned a vital figure in Russia’s oil trade, stepping up economic pressure on Moscow to strengthen Ukraine’s ...

Due to sanctions and falling oil prices, the Russian economy has begun a gradual transition from stagnation to recession.

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

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 ...

Tumbling oil prices dragged the value of Russia’s crude exports to the lowest in more than two years, forcing the Kremlin to ...

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

New data has suggested that Russian oil and gas revenue has seen a slump. Money raised decreased by more than 10% year on ...

Britain on Friday announced a package of sanctions aimed at Russia, including placing asset freezes on several directors of ...

A staged reading of Cassandra -- the iconic poem by Ukrainian literary legend Lesia Ukrainka -- takes place in the Ukrainian ...

Russia has relied on an oil-purchasing deal with China to help keep its economy afloat while it wages its long-running and ...

Russia and Ukraine have both reported attacks on their forces on the first day of a 72-hour ceasefire called by President ...