The Russian envoy claimed Washington now understood the “systemic role of Russian oil and gas in ensuring the stability of ...

President Putin pits himself as a potential mediator but that's not an easy sell, writes the BBC's Russia editor.

Kremlin officials said the American move, which Europe opposes, showed that Moscow could not be dislodged from the center of global energy markets.

Treasury Secretary Scott Bessent said it was “unfortunate” that the move could benefit Russia, but maintained that it was ...

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 ...

The move, intended to soothe jittery markets over the disruption of Middle Eastern oil and gas supplies, underlines how the ...

Oil prices traded around the highest levels since 2022 Friday, shrugging off the Trump administration’s earlier decision to temporarily allow the delivery and sale of sanctioned seaborne Russian crude ...

War with Iran drives oil prices higher, boosting Russian energy revenues and shifting global attention from Ukraine as Moscow gains economic leverage.

By Sophie Kiderlin, Niket Nishant and Samuel Indyk LONDON, March 13 (Reuters) - World markets, rocked by a Middle East war ...

The Kremlin hopes the Trump administration’s move to contain oil prices sent soaring by the U.S.-Israeli war on Iran will lead to further relief.

The Trump administration's decision to ease sanctions on countries buying Russian oil has been welcomed by the Kremlin and has sparked deep concern among pro-Ukraine campaigners. The US waiver, active ...

FRANKFURT, Germany (AP) — The U.S. Treasury Department’s decision to allow India to buy Russian oil for 30 days underscores a boost for Moscow’s fortunes against the backdrop of the Iran war as Russia ...