Russian oil is trading at its steepest discounts to Brent in a year in Asia, as major Indian and Chinese refiners reduce ...

In considering the many effects of the war in Ukraine on the Russian economy, few suspected that fuel shortages would be one of them. After all, Russia is an oil-rich country whose energy ...

Since the war between Russia and Ukraine broke out in 2022, Kyiv’s sunflower oil exports have been largely diverted to Europe ...

The U.S. and European Union have announced new sanctions targeting Russia's oil industry to pressure Russia to end the war in Ukraine.

Russia has become India's largest sunflower oil supplier, with imports surging twelvefold in four years, displacing Ukraine.

Top Western oil companies are enjoying a windfall from the expanding attacks on Russia's oil industry – both literal and economic – that have boosted global refining profit margins and mitigated ...

The move against Rosneft and Lukoil is designed to choke off Kremlin revenues without causing a spike in global prices.

The BBC estimates that at least 57 Russian regions – more than half of the country – have experienced fuel supply disruptions ...

Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia’s oil industry in an attempt to get ...

US sanctions on Russia’s energy giants are sending shockwaves deep into the heart of China’s oil industry, where both state and private refiners face heightened pressure to keep up supplies while ...

President Donald Trump's administration announced Wednesday new "massive sanctions" against Russia's oil industry that are ...

The European Union on Thursday formally adopted sweeping sanctions targeting Russia's energy sector, a day after the United States announced punitive measures against the Kremlin's oil industry.