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 ...

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

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

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

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

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.

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

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

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

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

Vladimir Putin is set to host heads of states for festivities marking the 80th anniversary of the defeat of Nazi Germany in ...