sanctions

Iran and Russia signed an agreement Sunday to integrate their banking systems to help them skirt Western sanctions. Mohen Karimi, the Central Bank of Iran’s deputy governor, signed a memorandum of understanding with his Russian…

Russia’s full-scale invasion of Ukraine has hurt the Mongolian economy, its prime minister has said, claiming financial damage including the loss of airline revenues and difficulty in importing necessary supplies from Russia. Almost a…

-->Rep. Austin Scott, R-Ga., discusses Biden's classified documents scandal, the U.S. hitting the debt limit and the Pentagon announcing $2.5 billion package to Ukraine. Two businessmen have been charged with orchestrating a money---->…

Russian President Vladimir Putin speaks during a news conference after a meeting of the State Council on youth policy in Moscow, Russia, December 22, 2022. Sergey Guneev | Sputnik | ReutersThe latest round of Western sanctions against…

-->Former Secretary of State Mike Pompeo argues the U.S. providing Ukraine with the Patriot missile defense system will deter Russia and send a message to Vladimir Putin on 'Varney & Co.' Russian President Vladimir Putin accused---->…

Western sanctions on Russia over its invasion of Ukraine may not have resulted in the dramatic economic collapse some predicted — but they have still had a far-reaching impact. Russia is now the world’s…

OPEC+, a group of 23 oil-producing nations led by Saudi Arabia and Russia, will convene on Sunday to decide on the next phase of production policy.Bloomberg | Bloomberg | Getty ImagesOPEC and non-OPEC oil producers could impose deeper…

European oil sanctions are due to kick in on December 5. The idea is to reduce oil revenues for Russia given its war in Ukraine.Andrey Rudakov | Bloomberg | Getty ImagesUpcoming sanctions on Russian oil are set to be "really disruptive"…

The US on Saturday authorised Chevron to resume oil production through its joint ventures in Venezuela, after the socialist government in Caracas and the opposition resumed political talks in Mexico City.The relaxation of oil…

Comment on this storyCommentWhen Russian President Vladimir Putin launched last month a new council for coordinating supplies for the Russian army, he seemed to recognize the scale of the economic problems facing the country, and his…