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

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, ...

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 ...

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

Israel's "preemptive" strikes against Iran targeting the country's nuclear program and killing top military officials could ...

Mali began construction of a new Russia-backed gold refinery on Monday, which the West African country's military leader said ...

After three years of doom-defying growth, Russia's heavily militarised economy is slowing, facing a widening budget deficit ...

Trump administration in talks with Capitol Hill to amend the Graham-Blumenthal legislation imposing sweeping sanctions on ...

Russia says it has moved into the previously unscathed Dnipropetrovsk region to create a buffer zone, a claim Ukraine has ...

The US president has repeatedly said he is considering new economic penalties on Russia, but has declined to follow through.