Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of ...

Middlemen supplying Russian oil are not offering cargoes due to new U.S. sanctions targeting Russian producers, tankers and ...

"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.

Russia’s Foreign Ministry said that the U.S. move “represents an attempt to inflict damage on the Russian economy at any cost ...

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

US Treasury Secretary Janet Yellen said the actions were "ratcheting up the sanctions risk associated with Russia's oil trade ...

Ukrainian President Volodymyr Zelenskyy has welcomed the upcoming package of US sanctions targeting Russia's oil refining ...

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

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

The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S.

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

The US Treasury announced on Friday that some of the measures will be turned into a law which would effectively mean that if ...