Italian Foreign Minister Federica Mogherini, a candidate to become the European Union's next foreign policy chief, reiterated on Thursday that she supports additional sanctions against Russia over the crisis in Ukraine.

• July 24, 2014

The European Union would target state-owned Russian banks vital to financing Moscow's faltering economy in the most serious sanctions so far over the Ukraine crisis under proposals considered by EU governments on Thursday.

• July 24, 2014

The latest U.S. sanctions against Russia violate World Trade Organization rules and may force Moscow into a destabilizing trade dispute, Russia's ambassador told the Geneva-based trade body on Thursday.

• July 24, 2014

The cost of petrol has risen in Crimea for the first time since Russia seized the Black Sea peninsula from Ukraine in March, despite a promise by Moscow to reduce the price.

• July 23, 2014

Ukrainian Energy Minister Yuri Prodan said on Wednesday reverse gas flows from the European Union to Ukraine had fallen because of opposition from Russian gas producer Gazprom.

• July 23, 2014

President Vladimir Putin said on Tuesday Russia would use its influence with separatists in east Ukraine to allow a full investigation into the downing of a Malaysian airliner, but said the West must put pressure on Kiev to end hostilities.

• July 22, 2014

European Union foreign ministers threatened Russia on Tuesday with harsher sanctions over Ukraine, but tougher talk may not be matched by much action after France's president signaled the disputed delivery of a warship to Moscow would go ahead.

• July 22, 2014

Russia's Severstal CHMF.MM said it would sell two U.S. steel plants for $2.3 billion, withdrawing from the U.S. market at a time of rising tension between Russia and the West and turning its focus to its domestic business.

• July 21, 2014