Russia's Economic Development Ministry downgraded its 2025 forecast for Urals crude, Russia's major oil export brand, to $56 ...

By Gleb Bryanski MOSCOW (Reuters) -Russian President Vladimir Putin urged his economic officials on Thursday to take ...

Russia’s central bank is set to hold interest rates at an all-time high as global trade tensions compound risks for the war ...

Russia's economy remains heavily dependent on oil and gas exports, leaving it vulnerable to global price fluctuations and ...

The Russian central bank maintained its key interest rate at 21% on Friday, with inflation starting to decline but new risks ...

A huge country has experienced an implosion in demand for new cars as major brands refuse to import models and local rivals ...

With about 30,000 to 45,000 Russian troops killed or injured in Ukraine each month, Moscow can likely only afford another 12 ...

Russia's economy ministry has cut its forecast for the average price of Brent crude in 2025 by nearly 17% from what it saw ...

Slowing economic growth and reduced demand for large purchases like cars, electronics and household appliances have curtailed ...

In 2022, the G7 nations, Australia and the European Union implemented a price cap of $60 a barrel on Russian crude oil to limit how much Moscow can make from its crude oil exports. The EU is a ...

The sanctions enforcement of Russian oil exports appears limited, especially compared to the continual U.S. campaign to bring ...