Russia's economy will be under major strain in 2025, economists told BI. One said stagnation was similar to the USSR at the ...

In his closing weeks in office, US President Joe Biden is considering new, large-scale sanctions against Russia's energy ...

Russia’s economy faces mounting challenges with inflation soaring to 9.5%, the ruble losing 20% of its value, and interest ...

Ukraine has said it will not extend the transit agreement for Russian gas through its territory, set to expire on Dec. 31.

Ahead of an expected halt to the transit of Russian gas across Ukraine, Budapest and Ankara remain heavily dependent on ...

Turkey has obtained a US waiver to continue paying for Russian natural gas through the sanctioned Gazprombank.

Earlier this month, the Organization for Economic Cooperation and Development raised its Russian growth forecast for this year to 3.9% from 3.7%, which would leave it trailing India, Indonesia and ...

Turkey and Hungary have been granted exemptions by the U.S. for gas payments to Russia, bypassing sanctions on Gazprombank. This decision comes as these countries primarily rely on Russian gas.

Hungary's nuclear power plant at Paks was not exempted from sanctions against Russia's Gazprombank, but there is no reason ...

Turkey and Hungary said they have received exemptions for gas payments to Russia after the United States imposed sanctions on ...

Turkey has received an exemption for gas payments to Russia after the United States imposed sanctions on Gazprombank, Turkish ...