The new reality has forced the Kremlin to raise taxes and increase debt, and hovers over peace talks with Ukraine.
If approved, the measure would prevent European companies from providing key services for transporting Russian oil.
The European Union is quietly preparing to take a much bigger swing at Russia’s oil trade. And this time, Brussels is aiming ...
Brussels is considering a radical shift in its sanctions policy that could ban all maritime services for transporting Russian oil, replacing the current price cap mechanism ...
Oil prices are retreating after a geopolitics-driven spike, as the glut narrative regains control.
MOSCOW, Jan 19 (Reuters) - Russia's federal budget proceeds from taxes on oil and gas are expected to drop by 46% in January ...
In the budget-2026, the Ministry of Finance of the Russian Federation laid down the average price of a barrel of Urals at $59 ...
By Sam Li and Siyi Liu BEIJING/SINGAPORE, Jan 22 (Reuters) - Oil prices slipped on Thursday after gaining in previous ...
Russia’s revenues from its oil and gas industry, vital to financing its war in Ukraine, dropped to a five-year low in 2025 as ...