China and Russia pledged a joint response to unilateral sanctions during a visit by Russia's Prime Minister, as Chinese ...

For Russia, any decline in its oil exports would directly dent the Kremlin’s war chest, since energy sales account for as ...

As Zelenskyy lauds Europe and the U.S. for ramping up economic pressure on Putin over the war in Ukraine, Moscow dismisses ...

Vladimir Putin has given his clearest indication yet that he is willing to go to war with the West after interpreting a ...

President Donald Trump imposed sanctions on Russia's largest oil companies Rosneft and Lukoil while canceling his planned ...

The European Union on Thursday heaped more economic sanctions on Russia, adding to U.S. President Donald Trump's new punitive ...

After months of restraint, President Trump’s move to blacklist Lukoil and Rosneft will hit Russia where it hurts.

Days after canceling a planned summit with Putin, citing a lack of progress toward ending the war in Ukraine, Trump took a ...

It is increasingly difficult for Putin to finance his war. Every Euro we deny Russia is one it cannot spend on war." ...

The Treasury Department said new economic penalties will target Russia’s two largest oil companies, Rosneft and Lukoil, as ...

Donald Trump has finally decided to hit Russia with sanctions – the first package he has imposed since he came back to the ...

Top Western oil companies are enjoying a windfall from the expanding attacks on Russia's oil industry – both literal and economic – that have boosted global refining profit margins and mitigated ...