After months of restraint, President Trump’s move to blacklist Lukoil and Rosneft will hit Russia where it hurts.

Kremlin special envoy Kirill Dmitriev argues President Donald Trump's sanctions will not have a significant impact on the ...

The U.S. has hit Moscow’s biggest oil producers at a vulnerable time for the country’s economy.

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

"Eventually the administration decided it's not enough to just use carrots to pressure Putin, you also need sticks," one ...

As winter slows the pace of battlefield combat, Moscow and Kyiv are betting on campaigns against each other’s energy assets ...

As Zelenskyy lauds Europe and the U.S. for ramping up economic pressure on Putin over the war in Ukraine, Moscow dismisses ...

The European Union on Thursday heaped more economic sanctions on Russia, adding to U.S. President Donald Trump's new punitive ...

It is increasingly difficult for Putin to finance his war. Every Euro we deny Russia is one it cannot spend on war." ...