About half of the country’s federal budget goes toward the fight in Ukraine, money that does little to support its long-term development.

MOSCOW, March 9 (Reuters) - Russian President Vladimir Putin said on Monday that the U.S.-Israeli war on Iran had triggered a global energy crisis and cautioned that oil production dependent on ...

The Russian economy is stuck in what might be described as negative equilibrium: holding itself together while steadily destroying its own future capacity. Export revenues are falling, and economic ...

Economic disruption stemming from the conflict is hurting countries worldwide—while providing a windfall to Russia.

President Vladimir V. Putin threatened to cut off remaining gas supplies to Europe as the Iran war drives a surge in energy costs.

As Moscow's full-scale invasion of Ukraine marks four years, the pressure on Russia's economy is starting to show.

Those systems and a limited supply of Patriot interceptor missiles will now be tied up for as long as Tehran continues or ...

The war in Iran has shaken global markets and caused geopolitical blowback, but Russia could benefit in the short term.

By Katharine Jackson and Curtis Williams WASHINGTON, March 8 (Reuters) - Trump administration officials on Sunday defended a decision to temporarily lift some sanctions on Russian oil and predicted ...

Four years after Vladimir Putin ordered an invasion of Ukraine, Russia’s economy has entered a “death zone,” said Alexandra Prokopenko, a fellow at the Carnegie Russia Eurasia Center. In a recent ...

Russia's crucial oil and gas revenues, which have sustained its war against Ukraine, have suddenly dwindled to multi-year lows as the fourth anniversary of the full-scale invasion approaches. This ...