The Serbian Oil Industry Corporation (NIS) has come under pressure from the USA, which demands the withdrawal of Russian ...

According to outgoing US President Joe Biden, Russian President Vladimir Putin is in a "bad position". The 82-year-old gives ...

American firms paid Russia $1.2bn in profit taxes in 2023, according to figures shared exclusively with Newsweek.

Inflation in Ukraine accelerated to 12% in 2024, exceeding forecasts made by the country's National Bank, Ukraine's ...

Donald Trump’s return to the White House threatens to revolutionize international relations, which were already shaken by ...

Washington now has freer hand in restricting Russian oil amid predictions of a global glut.

President Joe Biden's administration says it's expanding sanctions against Russia's critically important energy sector over ...

Russia’s war economy, now in its third year, is facing mounting challenges, including rising inflation, labor shortages, and growing economic imbalances. While these issues strain the civilian economy ...

The U.S. Treasury Department unveiled new sweeping sanctions on Russia’s energy sector in an effort to reduce Moscow’s revenue from oil.

Oil and gas revenue is expected to account for around 27% of Russia's federal revenue in 2025, according to a draft budget ...

The Russian economy is struggling, and that is likely to increase pressure on President Vladimir Putin for peace negotiations ...

The Biden administration is cracking down on the Russian “shadow fleet” and taking steps to curb oil and gas production.