Russian oil prices have increased by nearly 15% following the outbreak of hostilities between Israel and Iran.

At the recent Group of Seven (G7) summit held in Alberta, Canada, leaders from across Europe urged U.S. President Donald ...

Among most high-profile targets are 20 oil tankers linked to what has been referred to as Russian President Putin’s 'shadow ...

This surge in fuel expenses could trigger further hikes in consumer prices as petrol directly impacts the cost of transport, ...

Kirill Dmitriev, the head of RDIF, who is participating in negotiations with the American side, estimated the damage to the ...

A Russian economist has warned that the country may slide into "stagflation" by the end of the year if its leaders don't take ...

Russia’s war economy is under rising internal pressure. With growth slowing and diplomacy stalled, Putin may soon face a ...

The UK government has introduced a new package of sanctions against Russia. It is reported that the economic restrictions ...

Iran conflict could open opportunities for Russia to possibly become a power broker to help end the confrontation.

Russia's sanctions-hit economy has been left reeling by falling fossil fuel revenues and a slump in profitability in the country's oil refineries. Figures released by Russia's state statistics agency ...

Russia and Iran have long been economic and strategic partners. But despite a new defense pact, the Kremlin is unlikely to ...