Vladimir Putin acknowledged the progress in inflation slowdown but also raised concerns over slowing economic momentum. He ...

After years of torrid growth, propelled by government spending to fuel the war on Ukraine, Russia’s economy is grinding to a ...

Australia is forcing down the price of Russian oil and slapping further sanctions on the “shadow fleet” secretly selling it.

The Druzhba oil pipeline delivers Russian oil to Hungary and Slovakia, which continue to buy energy supplies from Russia ...

Sberbank chief German Gref said Russia could soon face recession if the key interest rate is not cut drastically.

The European Union may have a new economic pillar developing in a strategically important country bordering Ukraine.

This disagreement exposed the true cost of the war with Ukraine on the Russian economy, and the gap between the Kremlin and ...

International firms could effectively be bankrolling 1 million Russian soldiers through taxes paid in the country, a report ...

Oil prices rose over a dollar a barrel on Tuesday, as traders weighed the possibility that Russian supplies may be disrupted ...

Russia's central bank on Friday cut its key interest rate, but warned inflation was still too high, amid growing concerns ...

Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after ...