MOSCOW (Reuters) -Russia's debt-servicing costs will rise by 22.5% in 2026 from this year, reaching 8.8% of the total budget expenses, due to an increase in borrowing and high interest rates, Finance Ministry documents showed on Thursday. The government ...

Oil futures rose for a third consecutive session as concerns around the impact of Russia sanctions and gains in distillate futures countered underlying views about oversupply.

Russia launched a blistering assault on Ukraine overnight, killing at least six people and injuring 35. Some 430 drones and 18 missiles targeted the country, Ukraine’s president said, calling the strikes a deliberate and calculated attack “aimed at causing maximum harm to people and civilian infrastructure”.

MOSCOW (Reuters) -The Russian government expects budget revenues from car scrappage fees to rise sharply this year and next, even though vehicle sales are in steep decline, a document reviewed by Reuters shows. The draft budget for 2026 forecasts revenues ...

With the fall of Communism, some Americans called it inevitable that Russia—and even China—would become more like the West. But the Beijing Olympics and Russia's actions in Georgia are the latest proof that economic strength and military power don't ...

India-Russia Working Group meets in Moscow; Rajesh Agrawal and Vladimir Ilyichev sign protocol to boost bilateral trade and cooperation across key sectors.

Global markets react to new Trump sanctions on Russian oil. Learn how rising oil prices may impact inflation and investment.

Russia's Black Sea port of Novorossiysk halted oil exports on Friday after a Ukrainian drone attack, and oil pipeline monopoly Transneft suspended crude supplies to the outlet, two industry sources told Reuters.