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

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

"Yuan at the moment has not become a currency of savings for Russians. If earlier the population was actively saving in ...

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

Plummeting real estate sales have marked the latest blow to Russia 's economy amid ongoing sanctions and loss of trade linked ...

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.

Brendan Cole is a Newsweek Senior News Reporter based in London, UK. His focus is Russia and Ukraine, in particular the war started by Moscow. He also covers other areas of geopolitics including ...

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

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

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

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