A Treasury Department analysis indicates that new U.S. sanctions on Russian oil producers have sent prices there tumbling, choking off a key revenue source that Russia has used to fund its war in ...

The Trump administration said it is seeing signs that its sanctions on major Russian oil producers are crimping the economic engine that has allowed Moscow to continue to fund its war in Ukraine.

The G7’s proposed plan to bar tankers from hauling Russian oil hinges on whether governments will ratchet up punishments on ...

India is preparing to cut Russian crude imports by about 50% as U.S. sanctions push refiners and banks to scale back ...

U.S. sanctions on Rosneft and Lukoil have left tens of millions of barrels of Russian oil without destinations, raising uncertainty over global supply as Moscow’s export flows remain resilient.

The Trump administration has imposed a fresh round of sanctions on Russia. The new measures announced last week target the heart of Moscow's economy, its oil industry. The move follows President Trump ...

Yulong's ambition to rub shoulders with global heavyweights, backed by Beijing's push to modernize its refiners, was upended on October 15, when the UK sanctioned it for dealing in Russian oil.

Mukesh Ambani-led Reliance Industries Ltd (RIL) has stopped import of Russian crude oil into its Special Economic Zone (SEZ) refinery in Jamnagar, Gujarat, with effect from November 20, the company ...

India sharpens compliance checks for Russian oil payments as banks and refiners adjust to tighter US sanctions and shifting ...

LONDON/MOSCOW (Reuters) -Turkey's largest oil refineries are buying more non-Russian oil in response to the latest Western sanctions on Russia, two people with direct knowledge of the matter and ...