Russia’s regional finances are deteriorating rapidly as the costs of the war in Ukraine continue to mount. New figures show local governments across the country facing record deficits amid weakening ...

The Russian ruble continued its recent downtrend against the US dollar, even as the country became a major beneficiary to the ...

Kremlin envoy Kirill Dmitriev said he met with US representatives in Florida to discuss economic cooperation between Russia ...

The Russian economy is stuck in what might be described as negative equilibrium: holding itself together while steadily destroying its own future capacity. Export revenues are falling, and economic ...

BERLIN, March 4 (Reuters) - Germany's intelligence service on Wednesday accused Moscow of hiding the true cost of the war in Ukraine, saying Russia's budget deficit in 2025 was more than 2.36 trillion ...

Belgian and Hungarian pressure over cheap fuel is colliding with Kyiv’s war financing needs as an oil shock reopens old fractures ...

Oil prices traded around the highest levels since 2022 Friday, shrugging off the Trump administration’s earlier decision to temporarily allow the delivery and sale of sanctioned seaborne Russian crude ...

Russia and Iran have a reciprocal relationship, established during the Ukraine conflict when Putin relied heavily on Tehran's Shahed drones ...

Kremlin officials said the American move, which Europe opposes, showed that Moscow could not be dislodged from the center of global energy markets.

UK Foreign Secretary Yvette Cooper has accused Russia and Iran of attempting to “hijack the global economy” as Tehran ...

By Gleb Stolyarov MOSCOW, March 2 (Reuters) - A protracted crisis in Russia's rail industry - driven by the slowing economy, sanctions and global market pressures - deepened in February, adding strain ...