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Energy and trade on the Caspian Sea remain very important for the region's, and even the world's, growth and prosperity.

Russia's Minister of Economic Development, Maxim Reshetnikov, acknowledged at the St. Petersburg International Economic Forum ...

The Russian economy is teetering on the brink of recession as the Kremlin attempts to downplay the impact of Western ...

Oil prices barely budged on Monday as traders eyed the impact of new European sanctions on Russian oil supply, rising output from Middle East producers and concerns about fuel outlook as tariffs ...

The European Union’s latest sanctions package targeting Russia’s energy and financial sectors officially came into force on ...

Sanctions from the European Union and United States have devastated Russia’s coal sector, causing billions in losses, ...

OVERVIEW: Oil prices are fluctuating within a narrow range as traders monitor signs of near-term market tightness, U.S. tariff negotiations and geopolitical risks. Brent crude, the international oil ...

Ukrainian President Volodymyr Zelenskyy welcomed the new measures, describing them as a “timely and necessary” step amid ...

Former Russian President Dmitry Medvedev on Friday predicted the Russian economy would withstand the European Union's latest ...

The Council adopted its 18th package of economic and individual restrictive measures designed to target vital sectors of the Russian economy such as energy and banking, further weakening the regime’s ...