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

Russia's oil shipments via the Baltic Sea fell by roughly 10% in the last four months of 2024, the Finnish Border Guard said, ...

"You've got to bring down the oil price, you've got to end that war. They should have done it long ago," President Donald Trump said.

The wide-ranging sanctions imposed by the U.S. on the Russian oil sector have started to dent near-term oil flows to India ...

The oligarch Vagit Alekperov is Russia's official richest man after being behind the country's biggest oil company.

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

Russian seaborne oil product exports fell by almost 10% in 2024 after Ukrainian drone attacks damaged major refineries and as ...

A Ukrainian drone attack ignited a massive fire at an oil depot in Russia 's Smolensk region early Tuesday, authorities ...

China's crude oil surplus grew significantly in 2024 due to stockpiling of discounted Russian oil, potentially mitigating the ...

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

President Vladimir Putin has grown concerned about distortions in Russia’s wartime economy, just as Donald Trump pushes for an end to the Ukraine conflict, sources say.

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