Oil and gas exports are a major source of income for the Kremlin, providing the federal budget with billions of pounds.

Russia's economy stands on the brink of recession, according to the latest financial data. Businesses across the country have ...

Russia’s war economy is under rising internal pressure. With growth slowing and diplomacy stalled, Putin may soon face a ...

One of the cornerstones of Russia's economy is under significant strain, with a dramatic collapse in net profit and a ...

The chances of a banking crisis in Russia have increased amid high interest rates, a Kremlin-linked think tank has warned.

European countries, aiming for deeper economic sanctions to push Russia into a ceasefire in Ukraine, struggle with US ...

A bipartisan duo met with the Ukrainian president and made the case for Congress to impose harsh economic penalties on Moscow ...