Defying expectations, oil prices began 2025 on a strong note, propelled by tighter US sanctions on Russian oil, Opec+ ...

On January 1, transit of Russian gas to Europe through Ukraine was completely stopped due to Kiev's refusal to extend a previous agreement ...

The Urengoy oil and gas field represents a cornerstone of Russia; and economic strength, with its development serving to feed ...

Prime among these is a longstanding dispute over European energy security that has found the U.S., Russia, and various ...

Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...

Six Russian tankers still under construction at Russia's Zvezda shipyard have been sanctioned by the United States. This is ...

"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.

Crude’s rally continued this week on the heels of the Biden administrations announcement of new sanctions against several ...

The latest sanctions from President Joe Biden 's administration on Russia's oil sector have severely disrupted Moscow's ...

In an effort to reduce Russian energy revenues being used to fund the war against Ukraine, on January 10, 2025, the United States Department of ...

Russia has long used its plentiful energy resources as a tool to exert control over the region, where independence from ...

Indian Oil Corp is buying Middle Eastern and African crude to replace Russian volumes affected by U.S. sanctions.