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

Sweeping U.S. sanctions on Russia's oil industry will make it more expensive for Moscow to sell its oil and complicate ...

Ukraine continues to cripple Russia's energy sector by hitting numerous oil refineries, depots, chemical plants, and more ...

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

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

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

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

Germany charged that a heavily loaded tanker adrift off its northern coast Friday was part of the "shadow fleet" Moscow uses ...

Sibur, Russia's largest liquefied petroleum gas (LPG) producer, cut exports through the Baltic Sea port of Ust-Luga, its main ...

Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since ...

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

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