The Latest Breaking News from Russia

Sir Keir Starmer said allies had agreed a ‘clear plan for the rest of the year’ on supporting Ukraine

Crude prices spiked more than two percent Thursday after Donald Trump said he would hit two Russian oil companies with hefty sanctions, while talk that the White House was planning curbs on software exports to China added to gloom on markets.

This is the first time the U.S. has imposed sanctions against Russia over the war with Ukraine since Trump assumed office.

Trump administration hardens stance against the Kremlin day after cancelling a planned summit with Russian leader

Scott Bessent claimed the measures against Rosneft and Lukoil will ‘degrade’ the Kremlin’s military efforts

British and German forces will jointly conduct defensive patrols for Russian submarines from RAF Lossiemouth

The Trump administration has imposed sanctions on Russian energy majors for the first time, citing Moscow's "lack of serious commitment to a peace process to end the war". In parallel, the EU also adopted fresh sanctions.

North Korean hackers have stolen billions of dollars by breaking into cryptocurrency exchanges and by creating fake identities to get remote jobs for foreign tech firms, a new report finds

December WTI crude oil (CLZ25 ) on Wednesday closed up +1.26 (+2.20%), and December RBOB gasoline (RBZ25 ) closed up +0.0375 (+2.12%). Crude oil and gasoline prices rallied sharply on Wednesday, posting one-week highs. Crude prices jumped on Wednesday after India's Mint newspaper reported that the US and India are...