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

ST. PETERSBURG, June 21. /TASS/. Rosneft is factoring an oil price of $45 per barrel into its business plan for this year and $42-43 per barrel for 2026, according to Rosneft CEO Igor Sechin.

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 ...

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

The producers were Laurie Kalus and Polly Hope. The technical producer was James Piper. The series producer is Tim Walklate. The senior news editor is Sam Bonham. Email [email protected] with your ...

Iran has dealt with international sanctions since the inception of the Islamic Republic in 1979. How did this prolonged series of sanctions come about?

Russia has not rejected the idea of negotiations, but despite Trump ruling out NATO membership or U.S. security guarantees ...

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

Russia is on the verge of recession, what’s next depends on the decisions we now make,” according to Russia’s Minister of ...

As Israel and Iran exchange missile and drone strikes following the June 13 Israeli attack on military targets in Isfahan and ...

The conditions that led to this war would almost certainly not have arisen without Trump’s mishandling of Iran policy in his ...

China’s energy strategy faces disruption as Israel’s strikes on Iran threaten key oil supply routes. With US trade tensions ...