Scott Bessent, Donald Trump’s nominee for Treasury secretary said he supports dialling up the sanctions on the Russian oil ...

Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, said he would support dialing up sanctions on ...

On January 10, 2025, in a final action to, among other things, deter Russian aggression on the international stage, the US ...

The latest US sanctions on oil tankers used to haul Russian petroleum look set to cause severe disruption across the nation’s ...

Advisers to U.S. President-elect Donald Trump are developing a comprehensive sanctions strategy aimed at facilitating a ...

The refinery, among Russia’s top 10 by production, processes 13.7 million tons of oil annually. The shutdown has cut its diesel production by half – roughly 10,000 tons per day.

Oil prices shot up Wednesday by more than 3% on fears of low US stockpiles and the lingering effect of US sanctions on Russia ...

A diesel hydrotreating unit at a refinery of Russian oil major company Lukoil in the city of Volgograd caught fire on Wednesday morning, two oil industry sources told Reuters. Another source said the ...

Oil edged higher in the early Asian trade as supply-side pressures from U.S. sanctions against Russia’s oil industry likely supported prices, Exness said.

Energy producers have rushed to lock in oil prices since the United States announced its harshest sanctions yet on Russian ...

The latest U.S. action means an estimated 35% of some 669 shadow fleet tankers involved in shipping Russian, Venezuelan and ...

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