Last week, the European Union agreed on its 18th package of sanctions against Russia, which included a ban on the import of refined oil products derived from Russian crude. Whether this bolsters calls ...

The Russian economy is said to be facing recession as the Kremlin tries to "disguise and dismiss" the impact of sanctions.

Oil prices settled slightly lower on Monday as the latest European sanctions on Russian oil were expected to have minimal ...

More than a dozen countries stand in the crosshairs of Trump's threat to impose 100% tariffs over their economic ties to ...

Oil prices barely budged on Monday as traders eyed the impact of new European sanctions on Russian oil supply, rising output from Middle East producers and concerns about fuel outlook as tariffs ...

Without stronger enforcement, including naval oversight and EU unity, sanctions risk being symbolic rather than impactful.

The idea of bringing back compulsory military service in Germany is controversial, not least because some business leaders ...

BRUSSELS -- The European Union approved on Friday a new raft of sanctions against Russia over its war on Ukraine, including a ...

The European Union approved a new series of sanctions against Russia on Friday in response to its ongoing war in Ukraine. The measures include a lower oil price cap, a ban on transactions involving ...

Oil prices declined in early Asian trading on Tuesday as markets assessed that European sanctions on Russia would have a ...

The Washington-based Institute for the Study of War noted that cooperation with China has allowed Russia to bypass Western ...

A slowdown exposes the limits of the country’s wartime economy and suggests sanctions may finally be taking a toll.