Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine ...

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...

A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...

By Clyde Russell LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting ...

Global oil prices closed at their highest level since August, boosted by the prospect of new sanctions reducing Russian crude ...

Oil prices were edging up as traders await more clarity on the effect of U.S. sanctions on Russia. Brent crude was up 0.4% at ...

The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil ...

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

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

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

New York (Reuters) -Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply ...

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