Russia's defence ministry has accused the family of Turkish President Recep Tayyip Erdogan of being directly involved in the trade of petroleum with the Islamic State group.
Deputy Defence Minister Anatoly Antonov said Turkey was the biggest buyer of "stolen" oil from Syria and Iraq.
Mr Erdogan said Russia had no right to "slander" Turkey with such claims.
Russia and Turkey have been locked in an angry dispute since Turkey shot down a Russian jet last month.
Russian President Vladimir Putin had already accused Ankara of downing the plane on its Syrian border to protect oil supply lines.
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"According to available information, the highest level of the political leadership of the country, President Erdogan and his family, are involved in this criminal business," Mr Antonov told journalists in Moscow.
"The Turkish leadership has demonstrated extreme cynicism. Look at what they are doing!" he said.
"They have invaded the territory of another country and are brazenly plundering it."
War of words continues - Steve Rosenberg, BBC News, Moscow
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