After months of restraint, President Trump’s move to blacklist Lukoil and Rosneft will hit Russia where it hurts.

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

Iran's economy is at risk of simultaneous hyperinflation and severe recession, officials and analysts say, as clerical rulers ...

As Zelenskyy lauds Europe and the U.S. for ramping up economic pressure on Putin over the war in Ukraine, Moscow dismisses ...

The European Union has heaped more economic sanctions on Russia, adding to U.S. President Donald Trump’s new punitive ...

The European Union joined the US in heaping more economic sanctions on Russia Thursday — adding to President Trump’s latest ...

Wall Street analysts are warning of severe economic fallout for Russia after President Donald Trump imposed new sanctions on ...

It is increasingly difficult for Putin to finance his war. Every Euro we deny Russia is one it cannot spend on war." ...

Trump slapped Moscow with additional penalties once it became clear that Russian President Vladimir Putin wouldn’t cooperate ...

President Donald Trump’s sanctions against two of Russia’s largest oil companies come as the European Union passes its 19th ...