Russia saw a surge in consumer spending after its 2022 invasion of Ukraine, even as sweeping sanctions hit the economy.

Until 2022, Russia was one of the largest suppliers of oil and gas to EU countries. With the start of a full-scale invasion of Ukraine, it has significantly lost its position. RBC-Ukraine examines who ...

Sept 3 (Reuters) - New car sales in Russia fell by 17.6% year-on-year in August, accelerating from July's 11.4% decline, data showed on Wednesday, as lower interest rates failed to revive the market.

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Global markets face uncertainty as new Trump sanctions target Russia's main oil companies, Rosneft and Lukoil, giving rise to a potential oil price spike. Higher oil prices may be an unintended ...

On October 24, the Russian Federation’s Ryazan oil facility was forced to halt its crude distillation after Ukraine launched a drone strike. The refinery, Russia’s fourth-largest, is a major supplier ...

LONDON, July 28 (Reuters) - New European Union sanctions targeting Russia's oil industry will reshuffle global diesel flows for the second time since 2022, adding pressure to an already red-hot market ...

Crude futures fell Friday for the third straight day, erasing gains made early in the week following Ukrainian attacks on Russia's energy infrastructure, hitting key refineries and export facilities, ...

As Chinese President Xi Jinping and Russian President Vladimir Putin meet, visa relaxations by Beijing are expected to spur inbound traffic from Russia. Credit: Contributor/Getty Images China’s ...