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

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

The main target of the sanctions, done in coordination with the UK, are major Russian energy companies — Gazprom Neft and ...

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

Foreign Minister Annalena Baerbock criticised Russia’s use of “dilapidated oil tankers” and labelled it a threat to European ...

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

The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...

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

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

On January 10, 2025, the US government issued the latest round of sanctions targeting Russia’s revenue sources used to fund its war in Ukraine.