Exclusive: David O’Sullivan says war-based economy may be nearing point of becoming ‘unsustainable’ ...

Russia is under growing pressure in the global oil market, forced to sell crude oil to India at extremely low prices. Some shipments have recently gone for as little as $22 to $25 per barrel. The ...

New European measures to crack down on Russia’s shadow fleet could severely hurt its economy at a time when it is looking increasingly vulnerable.

The U.S. announced sanctions in October on Lukoil and Rosneft in an effort to tighten financial pressure over Russia's war in ...

Russian oil revenues fell to their lowest level in more than five years in January, as the nation faced a triple challenge of lower global prices, deeper discounts, and a stronger ruble.

Russia's budget revenues from oil and gas have halved in January 2026 compared with January 2025, reaching their lowest level ...

Russia's oil output fell to 512 million tons in 2025, marking a three-year decline coinciding with escalating US sanctions ...

Russia's oil discounts to India have surged, with prices hitting $22–25 per barrel amid tighter US sanctions, impacting ...

Prosecutors said the suspects ran an export network that sent more than 16,000 shipments worth more than $30 million to Russian customers, including arms manufacturers.