Economy News Russia Says It S No Longer Scared Of Western Sanctions – But Its Economy Is Still Under Pressure

Russia's Sechin says the West could face economic crisis due to sanctions

Igor Sechin, one of the most influential men in Russia's energy sector, said on Tuesday that sanctions imposed by the United States, European powers and their allies on Russia and China will trigger ... Read More

Could U.S. Sanctions Finally Cripple Russia’s War Economy?

The U.S., EU, and U.K. imposed sweeping sanctions on Rosneft, LUKoil, and Gazpromneft to target Moscow’s oil revenues. Analysts say the short-term effects will be limited as Russia shifts exports to ... Read More

Putin says U.S. sanctions are ‘serious’ but won’t make Russia stop war

Russian President Vladimir Putin on Thursday rejected U.S. pressure on Moscow to halt its war in Ukraine, saying he would not be swayed by President Donald Trump’s decision to cancel a planned summit ... Read More

Russia's Lukoil Says It Plans to Sell International Assets Due to Western Sanctions

MOSCOW (Reuters) -Russia's second-largest oil producer, Lukoil, said on Monday it would sell its international assets following sanctions over Ukraine announced last week by the United States. The ... Read More

Fear of Sanctions Stymies Russia-to-China Oil Flows for Now

Expanding sanctions on Chinese ports and refiners are choking flows of Russian and Iranian oil to the world’s No. 1 importer, although emerging workarounds suggest the slowdown may be fleeting. Read More

Russia develops 'antidotes' to Western sanctions, relies on its own tech — MFA

Russian Foreign Ministry Spokeswoman Maria Zakharova noted that localization of production "has become a kind of trend in the global economy" MOSCOW, October 27. /TASS/. Russia has formulated ... Read More