Oil and gas revenue is expected to account for around 27% of Russia's federal revenue in 2025, according to a draft budget viewed by Reuters.
The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil producers and nearly 200 tanker ships.
Joe Biden is expected to unveil new sanctions targeting Russia's economy as part of measures to bolster Kyiv's war effort before Donald Trump takes office.
Brussels is reportedly assessing the potential impact of President-elect Donald Trump reversing Biden-era sanctions on Russia.
President-elect Donald Trump should get tough on countries using chemical weapons in breach of agreed international conventions, such as Russia.
Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply disruptions from more sanctions on Russia. Brent crude futures gained $2.50, or 3.
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Trump’s push to control Greenland echoes US purchase of Alaska from Russia in 1867
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Kremlin, on Trump remarks on Greenland and Canada, says Russia has Arctic interests
Would Trump really go to war with Europe for Greenland?
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The United States announced widespread sanctions against Russia's energy sector Friday, designating more than 180 ships and two major oil companies just days before outgoing President Joe Biden leaves office.
BRUSSELS: NATO won't heed Donald Trump’s proposal for a massive hike in defence spending but will likely agree to go beyond its current target, according to officials and analysts. The US president-el
Rather than blustering about using military force, the President-elect should commence behind-the-scenes talks with the Danish and Greenland governments about basing rights and other agreements limiting Chinese investment.
The Biden administration on Friday announced it was extending Temporary Protected Status for asylum-seekers from
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