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

China made a deal to buy Russian oil and gas after Europe cut supplies during the Ukraine war. As China takes a major hit ...

Russia said its businesses would invest more than $1 billion in long-time political ally Cuba by 2030, Cuba's presidency said ...

Kirill Tremasov, adviser to the governor of Russia's central bank, issued a warning amid the Washington-Beijing trade war.

By now, the Russian euphoria that greeted improved relations with Washington this spring has diminished, but many Russian ...

EXCLUSIVE: Vice President JD Vance told Fox News Digital in an exclusive interview the next 100 days will require Congress ...

International trade wars, triggered by the United States' protectionist policies, pose a key risk to the Russian economy, ...

Revenues from oil and gas have plummeted over the past year in a major blow to Vladimir Putin's war machine. Russia has been ...

Russia is facing an economic meltdown as the Kremlin scrambles to find funds to maintain its war machine in Ukraine. The State Duma - the lower house of the Federal Assembly - announced plans to ...

The Kremlin is gearing up to display its military power at this week’s Victory Day parade, a ceremony now mirroring the state of Russia’s economy: fully driven by the war in Ukraine.

Russia's economy is being hit by stubbornly high inflation and plummeting oil prices with warnings of more pain to come for ordinary Russians amid turbulence in the global economy. The country's ...

Part I of the paper covers the initial impacts of the sanctions regime on the Russian economy. Next, Part II runs through the lessons Russia learned from the sanctions imposed in 2014, and how these ...