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Crude oil futures fell modestly, as prospects for a peace deal between Russia and Ukraine could boost global energy supplies ...

Tightened U.S. sanctions on Moscow have disrupted a roaring trade in discounted Russian oil to China and India, reviving ...

The Trump administration is seeking to drastically reduce Iran's oil exports to just 100,000 barrels per day through a ...

Treasury Secretary Scott Bessent said the US aims to squeeze Iran’s oil exports to less than 10% of current levels as President Donald Trump renews a campaign of “maximum pressure” on Tehran’s nuclear ...

The US imposed a new set of sanctions against Russian oil companies and tankers in early January, linked to the ongoing ...

Russia's revenue from crude oil and petroleum product sales in January increased by $900 million compared to December, ...

The volume of Russian and Iranian oil stored on tankers has reached a multi-month high as stricter U.S. sanctions have reduced the number of buyers and available tankers for shipments, Reuters ...

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

The EIA expects Brent crude prices to average about $74 in 2025 before dropping to $66 in 2026, as production gradually increases and global demand remains weak. OPEC+ production cuts will lower ...

Chinese refiners are being offered Russian ESPO crude at discounted prices as rising concerns over U.S. sanctions create ...