Iran's economy is at risk of simultaneous hyperinflation and severe recession, officials and analysts say, as clerical rulers ...

Iran's leadership is leaning heavily on its "resistance economy" — a strategy of self-sufficiency and closer trade with China ...

The Treasury Department said new economic penalties will target Russia’s two largest oil companies, Rosneft and Lukoil, as ...

Trump said Oct. 22 that the sanctions "certainly will have an impact" on Russia and that he hopes Putin will "become ...

WASHINGTON: President Donald Trump's administration announced Wednesday new “massive sanctions” against Russia's oil industry ...

Five days after calling for an end to the war in Ukraine along existing lines, which would reward Putin for invading, Trump ...

The sanctions against oil giants Rosneft and Lukoil followed months of calls from Ukrainian President Volodymyr Zelenskyy to hit Russia with harder sanctions on its oil industry.

The US Department of the Treasury on Wednesday imposed sanctions on Russia's two largest oil companies, Rosneft and Lukoil, ...

Treasury Secretary Scott Bessent has announced new sanctions against Russia's two biggest oil companies and blasted Moscow's ...

"I believe that the president is disappointed," Bessent said of Trump's reaction to the scrapped talks, which had been ...