The European Union's foreign policy chief, Josep Borrell, on Friday hit back at criticism of the bloc's energy policy, telling DW that EU states have cut their imports of Russian gas by 50% si...

Eurozone inflation hit a record 8.1 per cent in May amid surging energy and food costs fueled in part by Russia’s war in Ukraine. Annual inflation in the 19 countries that use the euro currency...

A day after Congress forged ahead with a mammoth US financial commitment to Ukraine, the EU’s continued determination to confront President Vladimir V. Putin of Russia was being tested on Wednes...

Group of Seven (G7) nations committed on Sunday to ban or phase out imports of Russian oil and the US unveiled sanctions against Gazprombank executives and other businesses to punish Moscow for its wa...

Germany would be able to weather an EU embargo on Russian oil imports by the end of this year even though a stoppage could result in shortages, economy minister Robert Habeck said on Monday, appearing...

Greenpeace and Extinction Rebellion campaigners blocked a tanker from delivering Russian oil to Norway on Monday, chaining one of their boats to the giant vessel in a protest against the war in Ukrain...

Reliance Industries, operator of the world’s biggest oil refining complex, has ordered at least 15 million barrels of Russian oil since Russia invaded Ukraine in February, trade sources said. R...

On Wednesday, the  White House reiterated its desire that New Delhi does not purchase oil from Russia. “And (the US is) also making clear that we stand ready to support India as in any effo...

India is focused on stabilising its economic ties with Russia and is working to devise a payment mechanism to settle trade amid Western sanctions against Moscow for its invasion of Ukraine, the foreig...

Post-war decolonization was followed by a spate of local, bilateral or regional trade arrangements in the world economy; besides, the Soviet Union and other east European socialist countries were a lo...