The European Union shelved a plan for a stricter price cap on Russian oil exports over concerns that the US won’t back ...

Brussels is concerned that Israel’s air campaign against Iran could spark further volatility in global oil prices. The ...

According to Ukraine's military intelligence (HUR), the vessel, operating without Western insurance, is part of Russia's ...

Australia has, for the first time, imposed sanctions on Russia's so-called "shadow fleet" of oil tankers, targeting 60 ...

The European Union wants to lower a cap on the price of Russian oil to deprive the Kremlin of profits to fund its war in ...

Russian-owned Serbian oil company NIS has asked the United States for a fourth waiver from sanctions which could cut its ...

Russia's sanctions-hit economy has been left reeling by falling fossil fuel revenues and a slump in profitability in the country's oil refineries. Figures released by Russia's state statistics agency ...

Among most high-profile targets are 20 oil tankers linked to what has been referred to as Russian President Putin’s 'shadow ...

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

Sen. Rand Paul (R-Ky.) slammed Sen. Lindsey Graham’s (R-S.C.) push for Russian sanctions, calling his bill “self-defeating ...

Defense Secretary Pete Hegseth resisted senators’ efforts to secure his support for a bipartisan bill that would further ...

The UK also highlighted the plan to tighten the oil price cap. The EU has called for the crude price cap to be cut from $60 ...