President Vladimir Putin claimed on June 20 that Russia's economy is strong despite war and sanctions, brushing off mounting ...

Sechin noted that following the imposition of sanctions against Russia, the import of Russian heavy oil products has allowed Saudi Arabia to effectively meet the raw material needs of its energy secto ...

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

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

Russia is reviving its controversial privatization strategy to raise funds amid war spending and sanctions, but critics warn ...

A decade ago, the rest of the Middle East had nearly as much economic reason to fear Iran as it did militarily.

Known as the Joint Comprehensive Plan of Action, or JCPOA, the deal followed two years of negotiations during the Obama administration.

China was quick to condemn Israel after its assault against Iran. Yet President Xi Jinping has shown no sign of rushing to provide weapons and other support that would help ...

"Sanctions harm the global energy balance, long-term investment that should be made for meeting the growing energy consumption globally," the Russian deputy prime minister noted ...

Ukrainian diplomats are angry because Donald Trump left the G7 early without first meeting with Ukrainian President Volodymyr Zelenskyy.

Sanctions lawyer tells Upstream that companies' claims of force majeure are likely to be ‘incredibly hard’ to argue ...

Russia, the United States and Saudi Arabia could act jointly to stabilise oil markets if needed, Russia's investment envoy ...