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Russia is getting richer again, thanks to soaring oil prices

Oil prices are surging again – and that's making Russia a lot richer.
The Kremlin's crude export revenues jumped $1.8 billion last month, according to the International Energy Agency.
The surge comes with key benchmarks close to 10-month highs on recent OPEC+ production cuts.

September 14, 2023

By Editors Desk

Russian President Vladimir Putin. (Photo by ALEXANDER KAZAKOV/SPUTNIK/AFP via Getty Images)

Russian President Vladimir Putin and North Korean leader Kim Jong Un visit the Vostochny cosmodrome in Amur region, Russia. © Sputnik/Mikhail Metzel

Talks between Putin and Kim: What has emerged so far

September 13, 2023

By Editors Desk

An olive green train believed to be carrying North Korean leader Kim Jong Un traveled on his country’s border with Russia on Monday. PHOTO: NG HAN GUAN/ASSOCIATED PRESS

Kim Jong Un Travels to Russia, His Bulletproof Train Spotted Ahead of Putin Meeting

September 11, 2023

By Editors Desk

More Stories

September 09, 2023

Erdogan urges G20 leaders to fulfill promises to Russia – Bloomberg

The Turkish leader is trying to revive the Black Sea grain deal, sources told the agency

September 09, 2023

Turkish President Recep Tayyip Erdogan during a working session of the G20 Leaders' Summit at the Bharat Mandapam in New Delhi. © AFP / Ludovic Marin

September 09, 2023

G20 laments war in Ukraine but avoids blaming Russia

The G20 summit in India has agreed on a joint declaration, including a statement on the war in Ukraine.

September 09, 2023

September 09, 2023

G20 admits African Union as permanent member

The 55-state bloc received a formal offer at the summit in New Delhi on Saturday

September 09, 2023

Indian Prime Minister Narendra Modi (r) hugs Azali Assoumani of the African Union at the G20 Summit in New Delhi, India, September 9, 2023 © Getty Images / picture alliance / Contributor

September 06, 2023

US tests nuclear-capable ballistic missile (VIDEO)

Washington has conducted a “routine” test launch of an unarmed Minuteman III

September 06, 2023

Unarmed Minuteman III intercontinental ballistic missile launched from Vandenberg Space Force Base, California on September 6, 2023. © US Space Force

September 05, 2023

How worrying is a Russia-Kim Jong Un alliance?

North Korean leader Kim Jong Un's reported plans to visit Russia this month have caused concern among the US and its allies.

September 05, 2023

GETTY IMAGES Is there a burgeoning alliance between Mr Kim and Mr Putin?

September 04, 2023

Vladimir Putin and Kim Jong Un plan to meet in Russia, U.S. officials say

North Korea's Kim Jong Un plans to travel to Russia this month to meet President Vladimir Putin, a US official has told the BBC's US partner CBS.

September 04, 2023

AFP VIA GETTY IMAGES, Vladimir Putin and Kim Jong Un met in the Russian port of city of Vladivostok in 2019

September 04, 2023

Putin Issues Demands for Reviving Ukraine Grain Deal

The Russian president said the West needs to facilitate Moscow’s own agricultural exports before he will join a pact that guaranteed security for Kyiv’s Black Sea exports.

September 04, 2023

Russian President Vladimir Putin greets his Turkish counterpart Recep Tayyip Erdogan, in blue tie, in Sochi, Russia, on Monday. PHOTO: MIKHAIL KLIMENTYEV/AGENCE FRANCE-PRESSE/GETTY IMAGES

September 04, 2023

BRICS expansion: What’s in it for Africa?

Following the Johannesburg summit, the continent will become a major focus for the organization

September 04, 2023

South African President Cyril Ramaphosa speaks during the Brics Business Summit on August 22, 2023 in Johannesburg, South Africa. © Per-Anders Pettersson / Getty Images

September 04, 2023

Putin comments on grain deal after meeting with Erdogan

Moscow will return to the Black Sea initiative only after the West lifts restrictions on Russian agricultural exports, the president has said

September 04, 2023

Russian President Vladimir Putin meets with Turkish President Tayyip Erdogan, left, at the Rus health resort, in Sochi, Russia. © Sputnik / Sergey Guneev

September 04, 2023

War in Ukraine expected to block consensus at G20 as Trudeau visits Asia

Observers say divisions over Ukraine, climate change make join G20 communique unlikely

September 04, 2023

Prime Minister Justin Trudeau speaks with China's President Xi Jinping at the G20 Leaders' Summit in Bali, Indonesia on November 16, 2022. (Reuters)

September 03, 2023

Threats, insults, and Kremlin 'robots': How Russian diplomacy died under Putin

Russia's diplomats were once a key part of President Putin's foreign policy strategy. But that has all changed.
In the years leading up to Russia's full-scale invasion of Ukraine, diplomats lost their authority, their role reduced to echoing the Kremlin's aggressive rhetoric.
BBC Russian asks former Western diplomats, as well as ex-Kremlin and White House insiders, how Russian diplomacy broke down.

September 03, 2023

August 31, 2023

NATO envoy names conditions for Ukraine to join

Membership will only be possible when the country's borders are “stable,” a Czech official has said

August 31, 2023

FILE PHOTO. © Global Look Press / Dominika Zarzycka

August 30, 2023

Army seizes oil-rich state in shock coup

There is a crisis unfolding in one African state with the president under house arrest.

August 30, 2023

Residents celebrating next to a post that says Bongo’s a Terre which can be roughly translated to Bongo’s down. (Photo by AFP)

August 27, 2023

NATO’s Ukraine strategy has failed – ex-Italian PM

Western efforts to arm Kiev and break the Russian economy are getting nowhere, Giuseppe Conte has said

August 27, 2023

Leader of Italian populist Five Star movement Giuseppe Conte addresses he media on October 20, 2022 in Rome. © Filippo MONTEFORTE / AFP

August 27, 2023

Prigozhin’s death in plane crash confirmed – Moscow

DNA testing shows that all those listed on the flight manifest were indeed on board, the Investigative Committee has said

August 27, 2023

A portrait of the owner of private military company Wagner Group Yevgeny Prigozhin lays at an informal street memorial near the Kremlin in Moscow, Russia, Saturday, August 26, 2023. © Alexander Zemlianichenko, AP

August 25, 2023

Prigozhin Built a Russian Empire in Africa. Can It Survive Him?

Paramilitary group has an estimated 5,000 men and lucrative businesses across at least four African nations.

August 25, 2023

Wagner fighters have been providing security for the president of the Central African Republic for years. LEGER SERGE KOKPAKPA/REUTERS

August 23, 2023

Expansion and a common currency on agenda at BRICS summit

Leaders of some of the developing world's most important economies turned Wednesday to the main business of their summit in South Africa, a day after a speech by Russian President Vladimir Putin gave the gathering an anti-Western tinge that officials had been hoping to avoid.

August 23, 2023