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Iran war drives Russian oil windfall as Urals crude hits highest level since 2023Russia's Urals oil export blend hit its highest price since October 2023, reaching $94.87 a barrel for tax purposes this month. This surge,...- Iran war doubles Russia's main oil revenue to $9 billion in AprilIn a remarkable twist for Russia's economy, oil tax revenues are projected to soar to $9 billion by April, doubling amidst the turbulent gl...
- US eases limits on Russian energy as oil prices soarTreasury Secretary Scott Bessent on Friday issued a 30-day waiver for India to buy Russian oil already at sea without retaliation from Wash...
- Russia Ukraine war four years on: Civilian deaths, military losses and economic falloutThe war in Ukraine, now in its fourth year, has caused immense destruction and loss of life. Cities lie in ruins, and millions have been di...
- Russia-Ukraine war at 4 years: Which country is winning the battle? A look at where do these two countries standAround a fifth of Ukraine is contaminated by mines or unexploded ordnance, according to the UN's Mine Action Service. The total cost of rec...
- Fighting between Iran, Israel raises questions about Russia's influence in Middle EastThe United States and Israel attacked Iran's nuclear sites. Russia condemned the strikes but offered limited support to Tehran. Analysts be...
- Six Chilling Ways Putin’s Russia Could Destroy the UK Within Hours: British Government WarnsThe UK government warns that if war breaks out, Russia could attack the country in fast and dangerous ways, like using drones, missiles, ha...
- Putin 'ready' to talk to Trump, waiting for 'signals' from US: KremlinPresident Putin is ready to engage in talks with President Trump, awaiting signals from the US. Both leaders have expressed willingness to ...
- Top Russian military officials are being arrested. Why is it happening?Following the arrest of a Russian deputy defense minister last month, a series of detentions of senior military officials on corruption cha...
- Russia nears economic milestone of buying Yuan soon as sanctions, oil-cap hit easesWith energy revenues now close to exceeding their target level, purchases are possible already in May, according to Bloomberg Economics, wh...
- Russian oil price cap, EU ban aim to limit Kremlin war chestThe EU ban on Russian oil moving by sea is "by far the biggest step to date to cut off the fossil fuel export revenue that is funding and e...
- What's the impact if Europe cuts off Russian oil?But reversing decades of dependence on Russian oil and natural gas is not a simple matter for the 27-nation bloc. For one thing, Hungary an...
- Not in India's best interest to continue investing in Russian equipment: US Defence SecretaryThe United States has the finest weapons systems in the world and the most advanced weapons systems in the world, Austin said. "So, we have...
- Russia's ruble rebound raises questions of sanctions' impactThe ruble is no longer rubble. While the West has imposed unprecedented levels of sanctions against the Russian economy, Russia's Central B...
- EU foreign ministers consider new sanctions on Russia, some push for oil embargoEU foreign and defence ministers meet on Monday to discuss imposing further sanctions on Moscow, especially whether to introduce an oil emb...
- The cost of war: How Russia's economy will struggle to pay the price of invading UkraineLong-term perspectives are dire. If sanctions are maintained, Russia will be cut off from its main trading partners apart from China and Be...
- Fortress Russia: Why sanctions against Putin keep falling flat, and will likely keep falling flatThe pillars of fortress Russia lie in the way the Kremlin manages its budget and the rouble. It entered the pandemic with the lowest govt d...
- Opec+ on brink of failure as Russia resists deeper cuts; Oil tanks 6%Energy Minister Alexander Novak favored keeping the group’s supply reduction at current levels.
- Opec talks end without oil-cuts deal as Russia holds back“Not everybody is ready to cut equally,” Al-Falih told reporters in Vienna.
- Why Vladimir Putin's most dangerous enemy could be the economyRussian President Vladimir Putin's renascent cold war with the West is partly meant to obscure his country's economic slump.
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