The Latest Breaking News from Russia

In a sweeping escalation of economic pressure on Russia, the U.S. Department of the Treasury said that it will be imposing full blocking sanctions on its two largest oil companies, Rosneft and Lukoil, citing Moscow’s “lack of serious commitment to a peace process to end the war in Ukraine.”

Double dose of Russian oil sanctions from EU and US; freezing war at current frontlines is ‘good compromise’, says Zelenskyy. What we know on day 1,338

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...

Volodymyr Zelensky says attacks show Russia is not serious about diplomacy

"The basic ethical rules for the federal government are just completely in tatters right now," one legal scholar said.