American firms paid Russia $1.2bn in profit taxes in 2023, according to figures shared exclusively with Newsweek.

It is “probable” that gas prices could rise by three or four cents a gallon, the outgoing US president has said...

Western officials have told Indian companies to “carefully evaluate their exports” to Moscow to avoid being sanctioned...

Here are the key developments on the 1,052nd day of Russia’s full-scale invasion of Ukraine.

UAV attacks have been reported in several cities overnight on Saturday Ukrainian drones ha...

As Russian forces have intensified their advances in eastern Ukraine in recent weeks, they're being helped by a new tool on the battlefield:...

The new sanctions target "Russia's key source of revenue" for funding its war against Ukraine, Treasury Secretary Yellen said.

Shafaq News/ The US State Department announced on Friday that the UnitedStates has imposed "the harshest" sanctions on Russia's oil and gass...

The United States is set to impose some of the harshest sanctions yet on Russia's oil industry, Reuters has reported. According to a purport...

An oil tanker believed to be part of Russia’s efforts to evade international sanctions went adrift and had to be towed ashore by a German tu...

Indian refiners expect their supply of cheaper Russian crude to be severely crippled with imminent U.S. sanctions expected to be slapped on...

A thrilling Bundesliga clash is on the cards as Borussia Dortmund takes on Bayer Leverkusen on Friday night. This match kicks off Round 16 o...

The restrictions target two major Russian producers, along with what Washington calls a “shadow fleet” transporting Russian oil...

The first ten days of January were significantly warmer than usual across most of the country...

Oil prices are soaring this morning, with WTI hitting three month highs after reports that Indian oil refiners are bracing for new US sancti...