Moscow’s oil revenues will likely take a hit as tougher logistics and payment hurdles cut into profits and force deeper discounts, but for now analysts expect that exports will hold steady. Experience suggests Russia will turn to its shadow fleet, obscure networks of intermediaries and nondollar financial channels to sidestep the sanctions.

The impact of President Donald Trump’s attempt to financially choke Moscow’s war machine by imposing sanctions on Russian oil firms was instant; not on the battlefield in Ukraine, but in the offices of oil traders in India and China,

The remarks came after Washington imposed new sanctions on Russia’s top oil producers, Rosneft and Lukoil, in an attempt to pressure Moscow into agreeing to a ceasefire in Ukraine, where peace talks have stalled.

President Donald Trump hit Russia's two biggest oil companies with sanctions in his latest sharp policy shift on Moscow's war in Ukraine, prompting global oil prices to rise by 3% on Thursday and India to consider cutting Russian imports.

The Trump administration on Wednesday imposed sanctions on Russia’s two largest oil companies as it called on Moscow to agree to an immediate ceasefire in the war with Ukraine.

The United States accused the Russians of a lack of commitment toward ending the war in Ukraine, as Moscow conducted a major training exercise involving nuclear arms.

A bright green fireball was spotted streaking across the sky in Moscow in the early hours of yesterday morning. Footage shared by local media showed the glowing green object with a long, bright tail racing across the sky before disappearing from view. Witnesses in several other cities in the Moscow Region all reported seeing the mysterious light.

Russia’s top economic envoy has arrived in the United States for “official” talks just days after President Donald Trump announced tough new sanctions on Russia, sources with knowledge of the visit have told CNN.

Sberbank CEO German Gref said Russia is so fixated on fighting inflation that it's forgetting about economic growth.