The European Union has reaffirmed its determination to isolate the Russian economy and limit its revenues. The sanctions will ...

A majority of Americans say they support sanctions on Russia and its allies over the ongoing war with Ukraine, according to a ...

"US oil production (and exports) are at record levels and rising, and therefore the price impact of taking Russian oil off the market, the objective of today's sanctions, will be attenuated," said ...

If sanctions are removed, Russia will take market share from the U.S. Importantly, the U.S. Energy Information Administration already forecasts that global oil prices will fall in 2025 and 2026 ...

The European Commission proposed on Tuesday an 18th package of sanctions against Russia for its invasion of Ukraine, aimed at ...

The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest sanctions to date meant to cut off funding for Moscow’s war against ...

An oil tanker that Finnish authorities said might have been part of Russia’s “shadow fleet” of tankers that Moscow has used to evade existing oil sanctions. The new U.S. sanctions target ...

Russia has slammed the new hefty U.S. sanctions on its oil industry and exports and vowed to move forward with major domestic oil and gas projects, claiming that it remains “a key and reliable ...

U.S. sanctions on Russia's oil and shipping sectors have temporarily reduced Russian crude exports. Higher oil prices caused by sanctions paradoxically increased Russia's oil and fuel revenues by ...

Reuters reported Russia's oil and gas revenue had fallen by a third in May from a year earlier to 0.52 trillion rubles ($6.48 billion), which is the lowest level since July 2023 amid weaker oil ...

Ramping up sanctions on Russia's oil industry, including the shadow fleet, could deliver "a very tangible blow to Putin" if he drags his feet on peace negotiations, Leon Aron, a senior fellow at ...

The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest sanctions to date meant to cut off funding for Moscow’s war against ...