Russia sees 'decades' of Western economic sanctions ahead, official says
Russia sees "decades" of Western sanctions ahead, a foreign ministry official said. The country is among the most-sanctioned since invading Ukraine.
Ukraine Conflict
The West keeps sending Ukraine weapons so late they 'are no longer relevant,' a senior officer says
A high-ranking military officer who spoke to Politico said frequent delays from Ukraine's allies are affecting its war effort.
Xi personally warned Putin against launching a nuclear strike in Ukraine, report says, drawing a red line for Russia
The Chinese president appears to have spelt out the limits of his support for Russia's Vladimir Putin: The use of nuclear weapons.
Video shows Ukraine shooting down an Su-25 war plane from miles away with a shoulder-mounted missile, officials say
Russia is losing a high number of its Su-25 war jets, which are used to provide air support to Russian troops on the ground.
China could cross a red line and start arming Russia if Ukraine pulls off a major counterattack, leaked Pentagon papers say
A Ukrainian attack on Russian territory using NATO weapons would be a red line for China, military documents leaked online say.
Global supply of oil inches tighter amid Russia's response to the G7 to reduce oil output
Fears over tightening oil supply on Friday sent the WTI into a rally as Saudi Arabia's markets inched higher on Sunday.
Russian troops have turned to Wikipedia to find instructions on handling weapons and used 1960s-era maps in the country's invasion of Ukraine: NYT
"This isn't war," a soldier told The Times from a hospital near Moscow. "It's the destruction of the Russian people by their own commanders."
Criteo completes acquisition of adtech rival Iponweb at revised-down price following Russia's invasion of Ukraine
The deal had been under a cloud following Russia's invasion of Ukraine because most of Iponweb's engineering team is based in Moscow.
Russia's Gazprom says it cannot guarantee natural gas deliveries to European customers - as its exports to China hit an all-time high
Fears are growing that Russia will permanently slash its natural gas exports to Europe, in what could be a hammer blow to the region's economy.
Billionaire oligarch called 'Putin's favorite industrialist' says 'destroying Ukraine would be a colossal mistake'
Oleg Deripaska, an aluminum tycoon and close Vladimir Putin ally, publicly criticized the war in Ukraine, but was careful not to speak poorly of the Russian leader.
G7 leaders pursue price cap on Russian oil, double down on natural gas, and say major polluters can join 'climate clubs'
Leaders from G7 countries agreed to pursue a price cap on Russian oil imports and said boosting natural-gas supplies wouldn't disrupt climate efforts.
Telecom workers in occupied parts of Ukraine destroyed software to avoid Russian control over data and communications
Instead of letting Russian forces have control over Ukrtelecom facilities in occupied parts of Ukraine, employees "destroyed the software."
Germany takes 'bitter' decision to fire up coal power plants as Russia chokes off its vital natural gas supplies
Germany must fill up its natural gas reserves before the winter as supplies get low, the country's economy minister said.
Oil markets are heading for an 'insanely difficult' summer, with Russian production plunging under EU sanctions
Oil prices look set to soar even higher, as markets factor in a slump of 1 to 2 million barrels per day in Russian production by the end of the year.
Russian oil export revenues jumped in May to pre-war level of $20 billion as prices surged, the IEA says
India has massively stepped up its purchases of Russian oil, helping the country's export revenues climb sharply in 2022 despite sanctions.
Bottlenecks at oil refineries have sent US gas prices soaring to top $5 a gallon — and the crisis is unlikely to end soon
The surge in gas prices is hurting American drivers — and President Joe Biden. But analysts say the logjams at refineries will be tough to sort out.
The US's top energy advisor urges India not to buy too much Russian oil — and says Moscow's revenues are now higher than before the war
India has ramped up its purchases of Russian oil from 100,000 barrels per day to 800,000, according to Amos Hochstein, the US's senior energy envoy.
Russia cuts interest rates for the 4th time in 2 months as oil sales ease the pain of sanctions
Russian interest rates are now back at their pre-war level, as the central bank grapples with a slowing economy and a strong ruble.
JPMorgan's chief economist says there's no reason to be worried about a US recession, with the private sector in 'remarkable' shape
Bruce Kasman, JPMorgan's top economist, said US consumers are more than strong enough to cope with high inflation.
Marriott is suspending all hotel operations in Russia, citing sanctions that make it 'impossible' to continue doing business
Marriott International said new restrictions from the US, UK, and EU will make operating or franchising hotels in the Russian market "impossible."