Sanctions have complicated Russia's trade with its major partners such as China or Turkey, as local banks are extremely ...

Domestic prices of liquefied petroleum gas (LPG) in Russia halved in December from the previous month due to an influx of the fuel, exports of which have been curbed by European sanctions, Reuters ...

WTI crude oil (CLG25) on Tuesday closed up +0.86 (+1.24%), and February RBOB gasoline (RBG25) closed up +0.0225 (+1.16%).

BMW has acknowledged that it supplied cars to Russia in violation of sanctions. An internal investigation confirmed that the ...

Russia's friends — or frenemies — aren't all pariah states. Some of them enjoy good relations with the West, too.

Switzerland has enforced the EU's latest sanctions package targeting Russia and Belarus. This includes freezing the assets of ...

Russia faces increasing difficulty shipping commodities to China through its vast eastern rail network, a sign of the growing ...

International railroad news in 2024 saw the end of commercial steam operation in China and a threat to the continued use of ...

President Biden pulled punches when enforcing oil sanctions against Iran. Forsaking the leverage inherited from President Trump’s “maximum pressure,” Biden opted for “maximum deference” from the ...

China has been purchasing gold at a rate ten times higher than officially disclosed, buying 55 tons in October compared to ...

Russia’s central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high ...