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

Russia's seaborne exports of petroleum products declined by 9.1% to 113.7 million metric tons in 2024, reflecting mounting ...

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

Russia's seaborne exports of refined oil products fell by 9.1% in 2024 due to drone attacks on refineries, export bans, and ...

"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions ...

The main target of the sanctions, done in coordination with the UK, are major Russian energy companies — Gazprom Neft and ...

A fresh wave of U.S. sanctions against Russia’s oil industry threatened to disrupt global supplies, sending crude prices to ...

The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...

The Group of Seven democracies have sought to crimp Russia’s oil export earnings that help fund the war against Ukraine.

The latest U.S. sanctions on Russian oil are rumored to be expansive, encompassing two Russian oil companies and more than ...

An oil tanker sanctioned in Washington’s harshest round of curbs against Russia’s energy industry has become the first such ...

The Biden administration has imposed some of its toughest sanctions yet on Russia, in a move designed to hit Moscow's energy ...