About half of the country’s federal budget goes toward the fight in Ukraine, money that does little to support its long-term development.

Few regions in the world are as tightly controlled — and as strategically explosive — as the Black Sea. Locked behind two narrow straits and governed by a nearly 90-year-old convention, this maritime ...

In the Black Sea, Ukrainian drone attacks on three tankers selling sanctioned Russian oil have marked a new escalation in the war. The Russian military struck back, hitting three Turkish-owned ...

The volume of Russian crude oil exports remained 6% above pre-invasion levels in the fourth year of the war, although ...