New Sanctions on Russia

Nations in the European Union approved an embargo on Russian coal and closed the bloc’s ports to Russian vessels as part of a fifth round of sanctions following allegations of ...

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has expanded sanctions on Russian company Alrosa, a ...

Russia’s Ministry of Foreign Affairs is imposing sanctions on all federal Australian members of Parliament in response to ...

U.S. wheat prices climbed for the second consecutive day amidst reports that more sanctions are being considered against ...

Russia’s central bank plans to restart its purchase of gold from banks beginning March 28 in a bid ...

President Joe Biden's administration is preparing to unveil another round of sanctions against Russia, White House national security ...

Western businesses and banks with operations in Russia—whether they intend to exit the country or stay in business ...

President Vladimir Putin is claiming that Russia has survived widespread international economic sanctions following Moscow’s invasion of Ukraine, ...

Rating agency Fitch has downgraded the Long-Term Foreign Currency (LTFC) Issuer Default Ratings (IDRs) of 31 Russian banks ...

Russia’s attack on Ukraine and the resulting international sanctions have triggered fears of a potential debt default by ...

Despite what’s happening in Ukraine, it was not the responsibility of businesses to engage in politically-motivated exits, according ...

Fast-food chain Burger King, with around 800 fully franchised outlets in Russia, has decided to pause all corporate ...

Lloyd’s of London, a UK-based insurance and reinsurance market, is staring at potential losses worth billions of dollars ...

Japanese fashion brand Uniqlo has announced its exit from Russia after earlier saying it would continue operations, which ...

The price of oil has dropped significantly in the two days since hitting its highest price level in ...

Russian President Vladimir Putin’s war against Ukraine cost the country thousands of soldiers as Kyiv has put up ...

The ongoing conflict between Ukraine and Russia has pushed up energy prices worldwide, with gasoline prices in the ...

Crude oil prices could reach more than $300 per barrel if the West goes ahead with its plan ...

Moscow has refuted media reports that suggest Russia is attempting to disconnect from the global internet, although the ...

Brent crude oil prices breached $139 per barrel in early trade on March 7 due to the possibility ...

Russia is offering foreign companies, seeking to exit the country, fast-tracked bankruptcy options as businesses face increasing challenges ...

London has announced its decision to prohibit Russian entities in the aviation and space industries from accessing its ...

Japanese automaker Toyota has announced its suspending operations at its only Russian plant, joining other manufacturers from the ...

Two of the biggest container lines in the world, the Mediterranean Shipping Company (MSC) and Maersk, have announced ...

Russia’s invasion of Ukraine has triggered boycotts in the United States, with governors of four states seeking to ...

Russia’s crude oil is being sold at record discount rates as the country faces tough sanctions from Western ...