Washington has imposed multiple rounds of sanctions on ships and entities dealing with oil from Iran and Russia since October ...

The focal point of Russia’s invasion of Ukraine has often been the front line. But Ukraine’s ability to attack infrastructure ...

Some are existing outfits that have not been impacted by the punitive measures, while others are newly created, replacing ...

Trump has announced new tariffs on steel and aluminum, sending oil prices higher despite the potential drop in oil demand the ...

The United States has imposed new sanctions on individuals and entities facilitating the sale of Iranian oil to China, aiming ...

Oil prices declined in 2024 due to macro challenges in China and an increase in supply from the U.S. and non-OPEC (Organization of the ...

The Treasury Department Thursday imposed new sanctions on an international oil network it said ships hundreds of millions of ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

U.S. President Donald Trumpon Tuesday restored his "maximum pressure" campaign on Iran that includes efforts to drive its oil ...

He noted that localization efforts have played a crucial role in this year’s overhaul operations, significantly enhancing maintenance quality across the thirteen refineries. Currently, the complex ...

MOSCOW (Reuters) - Russia's Ryazan oil refinery has suspended operations after an attack by Ukrainian drones late last week, two industry sources told Reuters on Monday. They said oil storage at the ...

KYIV - Ukrainian air defences downed 50 of 72 drones launched by Russia overnight and attacked one of Russia's largest oil refineries, Ukraine's military said on Sunday. Military and civilian ...