Five Ways Sanctions Are Hitting Russia

Five Ways Sanctions Are Hitting Russia

Russia’s economy and residents have taken a battering, but the government continues to reap big revenues from energy sales. A partial European embargo on oil takes effect in December.
Saudis Find Sympathetic U.S. Ears at ‘Davos in the Desert’

Saudis Find Sympathetic U.S. Ears at ‘Davos in the Desert’

A Saudi decision to support a cut in oil output infuriated Washington. But at an investment conference in Riyadh, there was plenty of praise for the kingdom.