On Wednesday, US President Donald Trump imposed Ukraine-related sanctions on Russia for the first time in his second term.

On Wednesday, U.S. Treasury Secretary Scott Bessent announced sanctions on Rosneft and Lukoil, the two largest Russian oil producers, and called for "an immediate ceasefire," adding that the White ...

Sberbank CEO German Gref said Russia is so fixated on fighting inflation that it's forgetting about economic growth.

Days after canceling a planned summit with Putin, citing a lack of progress toward ending the war in Ukraine, Trump took a ...

Vladimir Putin’s wartime economy has been resilient in the face of Western sanctions triggered by his invasion of Ukraine, ...

Russia's GDP growth is expected to fall short of the 2% annual growth target required to cover defense, security, social ...

U.S. Treasury Secretary Scott Bessent said that Vladimir Putin’s envoy Kirill Dmitriev is a Russian propagandist who lies ...

"Eventually the administration decided it's not enough to just use carrots to pressure Putin, you also need sticks," one ...

The U.S. has hit Moscow’s biggest oil producers at a vulnerable time for the country’s economy.

European leaders vowed to work in coordination to ratchet up the pressure on Russia as the so-called “coalition of the ...

As winter slows the pace of battlefield combat, Moscow and Kyiv are betting on campaigns against each other’s energy assets ...

"The Russian economy is a wartime economy. Growth is virtually zero," U.S. Treasury Secretary Scott Bessent told CBS News.