American firms paid Russia $1.2bn in profit taxes in 2023, according to figures shared exclusively with Newsweek.

The measures constituted the broadest U.S. package of sanctions so far targeting Russia's oil and gas revenues.

China and Britain have restarted economic and financial talks after a six-year hiatus during a visit by Britain’s Treasury chief to Beijing. Rachel Reeves is accompanied by a delegation of ...

The White House has said that new sanctions against the Russian energy sector will significantly reduce Russia's revenues and ...

Russia’s war economy, now in its third year, is facing mounting challenges, including rising inflation, labor shortages, and growing economic imbalances. While these issues strain the civilian economy ...

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

The Russian economy is struggling, and that is likely to increase pressure on President Vladimir Putin for peace negotiations ...

The new sanctions target "Russia's key source of revenue" for funding its war against Ukraine, Treasury Secretary Yellen said.

The Biden administration is cracking down on the Russian “shadow fleet” and taking steps to curb oil and gas production.

Trump has an opportunity to emulate President Ronald Reagan who won the Cold War by breaking the Russian economy. The Russian ...

It’s not clear yet how President-elect Donald Trump, who has been skeptical of U.S. support for Ukraine, will approach the ...

The sanctions target two major oil producers, liquefied natural gas production and elements of Russia’s so-called “dark fleet ...