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

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

The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil ...

Thousands of protesters in the Slovak capital held banners and chanted slogans on Friday accusing Prime Minister Robert Fico ...

In the capital of Transnistria, a Kremlin-backed microstate sandwiched between Moldova and Ukraine, the festive New Year’s ...

The Group of Seven democracies have sought to crimp Russia’s oil export earnings that help fund the war against Ukraine.

Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since ...

Washington now has freer hand in restricting Russian oil amid predictions of a global glut.

Britain has imposed new sanctions on Russian oil majors Gazprom Neft and Surgutneftegaz , the foreign ministry on Friday.

President-elect Donald Trump said late Thursday he is ready to meet with Russian President Vladimir Putin and that the ...

Every time planned electrical outages are imposed on his village in southern Moldova, 73-year-old retiree Vasili Donici ...

After three years of war, strict sanctions, and dwindling oil prices, the odds are stacked against the Kremlin in 2025, a ...