The Serbian Oil Industry Corporation (NIS) has come under pressure from the USA, which demands the withdrawal of Russian ...

American firms paid Russia $1.2bn in profit taxes in 2023, according to figures shared exclusively with Newsweek.

The White House has said that new sanctions against the Russian energy sector will significantly reduce Russia's revenues and ...

Donald Trump’s return to the White House threatens to revolutionize international relations, which were already shaken by ...

"We do support and enable Ukraine to defend itself and to take the fight to Russian forces on the battlefield. But not operations like this," Sullivan said. Video Russia's Investigative Committee ...

President Joe Biden's administration says it's expanding sanctions against Russia's critically important energy sector over ...

Russia’s war economy, now in its third year, is facing mounting challenges, including rising inflation, labor shortages, and growing economic imbalances. While these issues strain the civilian economy ...

The U.S. Treasury Department unveiled new sweeping sanctions on Russia’s energy sector in an effort to reduce Moscow’s revenue from oil.

Oil and gas revenue is expected to account for around 27% of Russia's federal revenue in 2025, according to a draft budget ...

The Russian economy is struggling, and that is likely to increase pressure on President Vladimir Putin for peace negotiations ...

The new sanctions target "Russia's key source of revenue" for funding its war against Ukraine, Treasury Secretary Yellen said.

The Biden administration is cracking down on the Russian “shadow fleet” and taking steps to curb oil and gas production.