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.
President Joe Biden is expected to unveil new sanctions targeting Russia's economy this week, according to a U.S. official, as part of measures to bolster Kyiv's war effort against Moscow before Donald Trump takes office.
The U.S. Treasury Department unveiled new sweeping sanctions on Russia’s energy sector in an effort to reduce Moscow’s revenue from oil.
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.
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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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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.
A foreign policy adviser to the incoming US administration says President-elect Donald Trump is expected to give priority to direct talks with Russian and Chinese leaders after he takes office.
Waking up to zero-degree weather is not fun, but when it’s this cold, I guess we should feel lucky to wake up at all. Stories of people falling asleep and dying in the cold
President Joe Biden's administration says it's expanding sanctions against Russia's critically important energy sector over its war in Ukraine.
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