Oil and gas revenue is expected to account for around 27% of Russia's federal revenue in 2025, according to a draft budget viewed by Reuters.

Biden administration officials say the sanctions are being imposed now because they are not likely to add to inflation

Russia welcomes the stated willingness of U.S. President-elect Donald Trump to resolve problems through dialogue, Kremlin spokesman Dmitry Peskov said on Friday, reaffirming Russian President Vladimir Putin's readiness for talks with Trump.

The U.S. Treasury Department unveiled new sweeping sanctions on Russia’s energy sector in an effort to reduce Moscow’s revenue from oil.

Brussels is reportedly assessing the potential impact of President-elect Donald Trump reversing Biden-era sanctions on Russia.

Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply disruptions from more sanctions on Russia. Brent crude futures gained $2.50, or 3.

President-elect Donald Trump should get tough on countries using chemical weapons in breach of agreed international conventions, such as Russia.

The Biden administration announced major sanctions against the Russian energy sector on Friday, escalating tensions with Russia in its final

Maduro’s inauguration seals an election outcome that opposition politicians and the US government say was stolen.

Venezuela’s Nicolas Maduro has been sworn in for a third presidential term in what the country’s opposition movement has decried as “coup d’etat”, capping<a class="excerpt-read-more" href=" More