Oil and gas revenue is expected to account for around 27% of Russia's federal revenue in 2025, according to a draft budget viewed by Reuters.
In the capital of Transnistria, a Kremlin-backed microstate sandwiched between Moldova and Ukraine, the festive New Year’s lights have gone dark ahead of schedule. This separatist sliver of Moldova will run out of energy in three weeks,
High-ranking sources told independent Russian outlet Meduza that Russia's elites are disappointed the Ukraine war didn't end in 2024 and feel fatigue.
Thousands of protesters in the Slovak capital held banners and chanted slogans on Friday accusing Prime Minister Robert Fico of dragging the country towards Russia after he met President Vladimir Putin last month amid a gas dispute with Ukraine.
Russia's financial watchdog has rejected a request to remove late opposition leader Alexei Navalny from its list of "terrorists and extremists" even though he is dead, his widow Yulia Navalnaya said on Friday.
Russia accused Ukraine on Friday of carrying out a missile strike on a supermarket in the Russian-controlled city of Donetsk in eastern Ukraine. Denis Pushilin, who heads the parts of Donetsk region controlled by Russia,
Every time planned electrical outages are imposed on his village in southern Moldova, 73-year-old retiree Vasili Donici passes the time by solving crosswords and puzzles in a room he illuminates using a small gas lamp.
President-elect Donald Trump says that he is ready to meet with Russian President Vladimir Putin and that the meeting is being arranged, though he gave no timeline for when it might take place. “He wants to meet, and we are setting it up,” Trump told a reporter late Thursday at a news conference at his Mar-a-Lago resort in Palm Beach, Florida.
The EU has allocated the first tranche of lending backed by frozen Russian assets, marking a historical first step in Russia paying for its invasion of Ukraine.
The US Treasury Department said it was designating more than 180 ships as well as Russian oil majors Gazprom Neft and Surgutneftegas, fulfilling "the G7 commitment to reduce Russian revenues from energy.
Here are the key developments on the 1,052nd day of Russia’s full-scale invasion of Ukraine.