Oil prices surged around 5% to a two-week high on Thursday after the U.S. imposed sanctions on major Russian suppliers ...

U.S. President Donald Trump on Wednesday imposed Ukraine-related sanctions on Russia for the first time in his second term, ...

The US is imposing sanctions on Russia’s two biggest oil companies, Rosneft and Lukoil, aiming to “degrade” Vladimir Putin’s ...

"Now is the time to stop the killing and for an immediate ceasefire," Treasury Secretary Scott Bessent said. "Given President ...

Oil prices rose by more than $1 per barrel on Thursday, extending gains from the previous session, after the United States ...

President Donald Trump imposed sanctions on Russian oil companies Rosneft and Lukoil after failed talks with Vladimir Putin ...

The Treasury Department blacklisted state-run oil giant Rosneft PJSC and Lukoil PJSC because of “Russia’s lack of serious ...

Major Chinese state oil companies have reportedly stopped imports of Russian crude oil in response to US sanctions. But ...

The United States has prepared additional sanctions that could be imposed on key sectors of the Russian economy if Kremlin ...

India, which has become a major buyer of Russian crude since 2022, finds itself in the crosshairs of these shifting energy ...

Rosneft, the Russian state-owned oil behemoth, has large interests in India. Reliance has a contract to purchase 500,000 ...