The EU is preparing its 20th sanctions package against Russia, focusing on tightening enforcement, expanding maritime restrictions, and closing loopholes used to circumvent existing measures, while more far-reaching energy sanctions remain unlikely.

Bipartisan Russia sanctions package would impose tariffs on countries buying Russian oil and gas, primarily targeting China and India energy purchases.

Finland and Sweden are pushing for stronger economic sanctions on Russia in response to the ongoing war in Ukraine. The two Nordic countries want the European Union to adopt tougher measures, including higher import taxes,

In November, the gap between Brent — the international oil benchmark now trading at its lowest level since 2021 — and Russia’s main Urals blend roughly doubled month on month, after the US imposed sanctions on oil majors Rosneft and Lukoil.

RALEIGH, N.C. (WTVD) -- Escalating sanctions by the US and NATO allies against Russia have severely impacted its economy, as Thursday marks one week since fighting began in Ukraine. Thursday, the White House announced new sanctions, targeting Russian ...

Russia's fuel oil exports to Asia are falling for a third consecutive month as U.S. sanctions, refinery disruptions, and Ukrainian attacks sharply reduce shipments and deter buyers.

Nearly three years into the most comprehensive sanctions regime ever imposed on a significant economy, Russia’s defense industrial base has not just survived — it has expanded at a rate that has stunned Western officials.

These cases point to a general pattern. Economic pressure tends to matter in war only when it triggers one of three outcomes: the collapse of a state’s capacity to fight, the fragmentation of the ruling coalition, or the destabilisation of the regime itself. Where none of these occurs, wars often persist despite extraordinary economic costs.

RIGA - War and economic militarization in Russia have created a circle of politically and economically interested individuals who benefit from military action, and this will make it difficult to reduce military spending and militarization in the future,

The European Union is preparing its 20th sanctions package against Russia, focusing on maritime restrictions, energy trade, and closing circumvention loopholes while navigating political divisions among member states.

OANDA examines how Western sanctions against Russia failed to achieve total economic collapse, instead creating a permanent geopolitical financial split, accelerating global de-dollarization, and forcing the rise of an advanced, state-backed evasion ...