Economy News What Makes Russia’s Economy So Sanctions Resistant

How Trump’s Attack on Russia’s Economy Is Ricocheting Through Oil Markets

U.S. sanctions on Russia’s largest oil producers, Lukoil and Rosneft, have kicked in and are starting to test Moscow’s ability to sell crude, its economic lifeblood. Read More

Sanctions' failure drives de-dollarization and Russia's advanced evasion network

OANDA reports that Western sanctions on Russia have failed to collapse its economy, leading to de-dollarization and advanced evasion tactics by Russia. Read More

Explainer: How US sanctions on Russian oil majors will impact the rouble and economy

Here is a look at how U.S. sanctions on Russian oil firms Rosneft and Lukoil, which take effect at 1701 GMT on Friday, may affect the Russian foreign currency market. Read More

As the U.S. Imposes Oil Sanctions, How Vulnerable Is Russia's Economy?

New U.S. sanctions on Russia's two biggest oil companies threaten to hit the country’s economy at a precarious time. Russian manufacturing is declining, consumer demand is weakening and inflation ... 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

U.S. Oil Sanctions Strike at Russia’s Economic Lifeline

BRUSSELS—The U.S.’s new sanctions hit at the core of Russia’s faltering war economy and drew a swift rebuke from President Vladimir Putin, who acknowledged the potential impact on his country. On ... Read More

Will latest Russian sanctions finally break Putin’s resolve?

Donald Trump has targeted the “economic equivalent of Russia’s crown jewels” with a new wave of sanctions, said Sky News. The president has slapped fresh restrictions on Russia’s two largest oil ... Read More

EU to keep supporting Ukraine as sanctions against Russia bite, says von der Leyen

The European Union will keep on supporting Ukraine as Ukraine is the victim of an aggression, the EU Commission's President Ursula von der Leyen said on Friday, adding that sanctions on Russia are ... Read More

EU puts more sanctions on Russia

BRUSSELS -- The European Union on Thursday heaped more economic sanctions on Russia, adding to U.S. President Donald Trump's new punitive measures the previous day against the Russian oil industry. Read More

A slowing wartime economy pushes the Kremlin to tap consumers for revenue

Finance Minister Anton Siluanov said raising revenue was preferable to increasing borrowing, saying excessive borrowing “would lead to a speeding up of inflation, and as a result, to an increase in ... Read More

Ukraine welcomes new U.S., EU sanctions against Russia, as top Russian official declares them "act of war"

Ukraine's leader welcomed a raft of new economic sanctions against Russia being imposed by the Trump administration and the European Union on Thursday, calling the increased pressure on Moscow "very ... Read More