The European Union is accelerating and expanding its sanctions regime to further erode Russia’s oil revenues by aggressively ...

Discussions on the need to tighten sanctions on Russia, including the possibility of a blanket ban on providing maritime ...

India's Russian crude imports may hit a four-year low in January 2026 due to US sanctions, forcing refiners to seek ...

Oil prices jumped on Thursday after the U.S. imposed sanctions on major Russian oil companies over Russia's war in Ukraine. Brent crude futures were up 5%, while West Texas Intermediate crude futures ...

India continues buying discounted Russian oil despite Western sanctions, then exports refined petroleum products to Europe, ...

MOSCOW (Reuters) -Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after the central bank cut its interest rate by 50 basis points ...

MOSCOW (Reuters) -Here is a look at how U.S. sanctions on Russian oil firms Rosneft and Lukoil, which take effect at 1701 GMT on Friday, may affect the Russian foreign currency market. Ahead of the ...

Ukraine said Thursday its long-range drones had struck a major offshore oil platform in the Caspian Sea this week, signalling an expansion of its target list in a mounting campaign to cut off Russian ...

Amidst economic sanctions, the Russian economy refuses to bend. U.S. sanctions have historically struck fear across global markets. Companies and countries scrambled to avoid being on the wrong side ...

This is Washington's latest move to increase pressure on Nicolas Maduro's government, targeting its main source of income.

With US President Donald Trump pushing for his latest peace deal, it is possible that the Russia-Ukraine war could soon enter a different phase — hopefully a less violent one. The economic and market ...