In 2022, the G7 nations, Australia and the European Union implemented a price cap of $60 a barrel on Russian crude oil to limit how much Moscow can make from its crude oil exports. The EU is a ...

The Russian economy has slowed sharply in recent months, according to the latest economic data, and may be at further risk if ...

MOSCOW (Reuters) - Russian state statistical agency Rosstat raised its estimate of gross domestic product growth for 2024 on Friday to 4.3% from 4.1% earlier. The revision was due to higher growth in ...

Moscow is hinting that the company would be welcomed back as part of a thaw under President Trump. Industry skepticism runs ...

Russia’s economy faced a sharp slowdown in February, stoking fears of an economic glut in the country just as a brewing global trade war is expected to hit prices for its oil and gas exports.

MOSCOW (Reuters) - Russia's budget deficit narrowed to 1% of gross domestic product (GDP), or 2.17 trillion roubles ($25.5 billion), in the first quarter of 2025, compared to 1.3% of GDP in the first ...

U.S. President Donald Trump has inadvertently hit Russia’s economy after his "Liberation Day" tariffs caused oil prices to drop drastically on April 7, with potentially massive ramifications for ...

In the view of the Russian government, the world economy is “in turmoil” following President Trump’s rollout of sweeping tariffs, and the fresh package of duties he slapped on dozens of ...

MOSCOW (Reuters) - Russian state statistical agency Rosstat raised its estimate of gross domestic product growth for 2024 on Friday to 4.3% from 4.1% earlier. The revision was due to higher growth ...