Vietnam, Russia targets $10bn bilateral trade by 2020

Vietnam and Russia agreed on Monday to nearly triple bilateral trade to $10 billion by 2020…

Russia to boost gas supply to Austria

Russian energy producer Gazprom will supply more gas to its Austrian partner OMV, the two companies…

Russia deploys new frigate to Mediterranean

Russia on Monday said it deployed its new frigate with long-range Kalibr cruise missiles to the…

Oil dips as Saudi, Russia agree on output hike

Crude oil prices slipped on Thursday from four-year highs reached the previous session, pressured by rising…

Russia asks South Korea to release its seized ship 

Russia’s Ministry of Foreign Affairs summoned South Korea’s ambassador in Moscow on Monday and demanded that…

EU, China, Russia to agree to maintain trade relations with Iran

The European Union (EU), China and Russia plan to keep their trade relations with Iran despite…

U.S. warns Russia against blocking commercial ship passage to Ukraine

The U.S. State Department on Thursday called on Russia to cease what it called “harassment of…

OPEC, non-OPEC producers to formalize cooperation

OPEC and non-OPEC oil producers will seek to formalize their long-term cooperation later this year by…

Russia to hold Mediterranean naval drills

Russia’s Ministry of Defense on Thursday said it would hold a major naval exercise in the…

U.S. challenges Russia’s response to steel tariff hike

The United States on Wednesday launched a complaint against Russia at the World Trade Organization (WTO),…

New U.S. sanctions will increase tensions – Russia

Russia’s Foreign Ministry on Friday said that new U.S. sanctions announced this month over a nerve…

Germany won’t be energy-dependent on Russia, says Merkel

German Chancellor, Angela Merkel, says a planned sub-sea pipeline that will bring gas directly from Russia…