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

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

A Ukrainian aircraft engine factory that specialises in building parts for aeroplanes and helicopters has been hit by Russian ...

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.

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.

The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil ...

Trump has an opportunity to emulate President Ronald Reagan who won the Cold War by breaking the Russian economy. The Russian ...

It’s not clear yet how President-elect Donald Trump, who has been skeptical of U.S. support for Ukraine, will approach the ...

Biden administration officials say the sanctions are being imposed now because they are not likely to add to inflation ...