Economy News The Russian Economy S Biggest Problem Right Now
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Trump’s Sanctions on Russian Oil Sector Ratchet Up Economic War

After months of restraint, President Trump’s move to blacklist Lukoil and Rosneft will hit Russia where it hurts. By Alan Rappeport Reporting from Washington President Trump ratcheted America’s ... Read More
Russia furious as Trump sanctions target the heart of Putin's war economy

Russia reacted with outrage Thursday after the United States sanctioned its two largest oil companies, the first economic punishments slapped on Moscow by President Donald Trump during his second term ... Read More
Russia’s Economy Heading Toward Stagnation: Report

Russia's wartime economy continues to face turmoil as a slump in growth amplified by sky-high interest rates and falling oil revenues takes its toll, according to an analysis. The Vienna Institute for ... Read More
Trump administration hits Russia's top oil firms with sanctions to stunt war funding, urges ceasefire

The Treasury Department under President Donald Trump sanctioned Russia’s two largest oil producers, Rosneft and Lukoil, on Wednesday, escalating pressure on the Kremlin to end its war in Ukraine. Read More
Oil prices surge as Trump hits Russian energy giants with sweeping new sanctions

Oil prices jumped on Thursday after the U.S. imposed sanctions on major Russian oil companies over Russia's war in Ukraine. Brent crude futures were up 5%, while West Texas Intermediate crude futures ... Read More
E.U. Approves Sweeping Sanctions Targeting Russian Gas and Crypto

European leaders signed off on the new measures just hours after President Trump imposed sanctions on Russia’s two biggest oil companies. By Jeanna Smialek Reporting from Brussels European Union ... Read More
Trump hits Russian oil companies with long-threatened sanctions: 'It was time'

He said the economic impact would be "tremendous" as he met with NATO's Rutte. President Donald Trump on Wednesday said he "felt it was time" to hit Russia with tougher sanctions, a major escalation ... Read More
The $20,000 Problem: How Ukraine Is Killing Russia's Kamikaze Swarms With a New Kind of Drone War

Russia's brutal campaign of using cheap, Iranian-made Kamikaze drones (Shahed-136/Geran-2) has been crippling Ukrainian infrastructure, forcing Kyiv to fire hundreds of thousands of dollars worth of ... Read More
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