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 ...

The European Union's latest effort to restrict Russia's oil revenue is unlikely to hurt Moscow's war effort severely, leaving ...

Sanctions from the European Union and United States have devastated Russia’s coal sector, causing billions in losses, ...

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

The EU approved on Friday the 18th package of sanctions against Russia over the conflict in Ukraine, which also targeted ...

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

The European Union and Britain on Friday sought to ramp up economic pressure on Russia to halt the war in Ukraine by slashing ...

The European Union’s 18th sanctions package against Russia over its war in Ukraine targets Moscow’s energy and financial ...

Russia's Minister of Economic Development, Maxim Reshetnikov, acknowledged at the St. Petersburg International Economic Forum ...