The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures aimed at dealing further blows to the Russian oil and energy industry.

The Russian economy is said to be facing recession as the Kremlin tries to "disguise and dismiss" the impact of sanctions. Russia's Minister of Economic Development, Maxim Reshetnikov, stated at the St.

Sanctions from the European Union and United States have devastated Russia’s coal sector, causing billions in losses, collapsing exports, shuttering mines, and threatening economic stability.

What exactly is this US sanctions threat on countries that trade with Russia, and how far can it impact India? We explain, in 3 points.

The European Union has approved its latest sanctions package, the 18th since the full-scale Russian invasion of Ukraine over three years ago, including a key price cap on Russian oil exports.

The sanctions will block two banks — with more than $80 billion in assets — from doing any business with the U.S. or Europe, as well as lock out Russia's central bank and its government from ...

WASHINGTON – So many sanctions. Once again, the United States, United Kingdom and European Union are hitting Russia with a new wave of sanctions over Moscow's invasion of Ukraine.