Russian Finance Minister Anton Siluanov said state assets would be privatized this year in a plan worth $1.2 billion.

The president has slapped fresh restrictions on Russia’s two largest oil companies, in response to what he calls Vladimir ...

U.S. Treasury Secretary Scott Bessent said that Vladimir Putin’s envoy Kirill Dmitriev is a Russian propagandist who lies ...

US President Donald Trump has announced what he called "tremendous" new sanctions against two of Russia's largest oil ...

After months of restraint, President Trump’s move to blacklist Lukoil and Rosneft will hit Russia where it hurts.

Vladimir Putin is facing mounting pressure as new data reveals that more Russians are complaining of floundering economic ...

Last month, it was also claimed that Russia has lost some 486,000 businesses since 2022, leaving the country with 3.17 ...

The Russian economy is balancing on the edge of recession, yet the war could go on for years. Its financing appears to have ...

The U.S president has said Russia is in big economic trouble and this is the time for Ukraine to act, but Vladimir Putin has a Trump card and he knows it. Owen Matthews looks at why he will brush off ...

"The Russian economy is a wartime economy. Growth is virtually zero," U.S. Treasury Secretary Scott Bessent told CBS News.

Hungarian Prime Minister Viktor Orbán said Friday that Hungary will continue to source fossil fuels from Russia despite ...