The International Energy Agency said the closure of the Strait of Hormuz has triggered the largest disruption to global oil markets in history, with supply expected to fall by about 8 million barrels ...

India’s slow shift toward self-reliance in arms manufacturing is a major problem for Russia, already hamstrung by domestic consumption for Ukraine and competition abroad from China.

Strikes on Ukrainian energy systems have tripled this winter. Continuous repairs and Western aid staved off a total breakdown ...

Russia’s oil and gas revenues dropped to a five-year low in 2025, dealing a major blow to the country’s budget. These revenues are critical for funding Moscow’s operations in Ukraine, and the slump in ...

Moscow's oil and gas revenues that fund its offensive in Ukraine dropped to a five-year low, according to budget information published by the Russian finance ministry on Thursday. The Barron's news ...

Key insight: Citi's fourth-quarter net income fell 13% year over year, in connection with its pending exit from Russia. What's at stake: Overall, the New York-based megabank reported strong results ...

0126 GMT — Oil prices fall slightly in Asian trade. Investors are monitoring ongoing talks to end the Ukraine-Russia war ahead of an expected Federal Reserve rate cut this week, says UOB’s global ...

MOSCOW, Dec 7 (Reuters) – The Kremlin on Sunday welcomed U.S. President Donald Trump’s new national security strategy and said it largely accorded with Russia’s own perceptions, the first time that ...

Oil prices were slipping in early trading, extending last week's fall as investors assess prospects of a Ukraine-Russia peace deal. Brent crude was down 0.4% to $61.68 a barrel, while WTI fell 0.5% to ...

1518 ET – Oil futures end the session and the week lower as the U.S. presses Ukraine to accept a plan to end the war with Russia. “Prior upside lead from the diesel market has shifted to the downside” ...

Russia unveiled a humanoid robot, dubbed AIdol, during a flashy showcase in Moscow — only for it to fall on its face, both figuratively and literally. Footage of the event, which went viral this week, ...

ANAPA, Russia (Reuters) -Once dominated by French Burgundy and Italian Barolo wines, Russia's supermarket shelves are now stocked with an array of domestic vintages as Western sanctions linked to the ...