Russia’s oil and gas revenue in December is expected to be nearly half compared to the previous year, Reuters reported on Dec ...

Compared to the beginning of the year ($67.66 per barrel in January), the price of Russian oil has collapsed by 33%, or $23 ...

Russia's economy has been dealt yet another devastating blow as its most precious exports are being hammered. The vast country is home to many natural resources, such as oil, natural gas, coal, timber ...

A Ukrainian drone campaign has knocked out 17% of Russia’s refining capacity, fueling shortages and price spikes across the country. Massive defense spending, making up 41% of the 2025 budget, has ...

MOSCOW, Dec 28 (Reuters) - Cyber attacks have cost Russian companies and citizens up to 3.6 trillion roubles ($49 billion) this year, the country's largest lender Sberbank (SBER.MM), opens new tab ...

Russia faces a fuel crisis, with gasoline prices rising over 30 percent due to Ukrainian drone strikes on refineries. The economy is slowing, with GDP contracting and inflation nearing 10 percent, ...

TOPSHOT - Russian Sukhoi Su-35S fighter aircrafts, Su-34 military fighter jets and Su-30SM jet fighters fly over downtown Moscow during a military parade, which marks the 75th anniversary of the ...

Russia's wartime economy continues to face turmoil as a slump in growth amplified by sky-high interest rates and falling oil revenues takes its toll, according to an analysis. The Vienna Institute for ...

MOSCOW, Feb 8 (Reuters) - Russia's state statistics service on Monday reported 162,429 deaths related to COVID-19 in Russia last year, a tally that is much higher than previously reported and amounts ...