Prices surged after the administration imposed what officials called "most significant sanctions yet on Russia's energy ...
Oil prices were edging lower, but remain supported by concerns about the effect of U.S. sanctions on Russian flows and a ...
A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...
Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is ...
Global oil prices closed at their highest level since August, boosted by the prospect of new sanctions reducing Russian crude ...
The EIA predicts lower oil prices in 2025 and 2026 due to rising production and OPEC cuts, but the recent sanctions on Russia kept oil prices from falling.
Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...
The cost of shipping Russian ESPO crude to China has more than tripled after the US imposed aggressive sanctions on Moscow’s oil industry last week, with rates expected to climb even higher, according ...