A new wave of Western sanctions on Russia’s oil industry has roiled the diesel market, sending refining margins soaring, but ...

Donald Trump’s primary objective during Thursday’s summit with Xi Jinping may be negotiating a favourable trade deal, but it ...

The downsides to seizing sovereign Russian assets held in American and European banks no longer hold much water.

Russia's oil exports to China and India are a lifeline, fueling Moscow's war effort. Experts say now there is a chance to cut ...

On October 22, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced significant new ...

December WTI crude oil (CLZ25) on Wednesday closed up +0.33 (+0.55%), and December RBOB gasoline (RBZ25) closed up +0.0273 ...

US action against Russia’s major oil producers may only create a ‘minor hiccup’ in Moscow’s war plans ...

NEW DELHI — A Russian oil tanker bound for India has abruptly reversed course in the Baltic Sea, underscoring the widening ...

Georgia’s new Kulevi refinery has quietly opened a pathway for Russian oil exports, potentially undermining sanctions and ...

Refiner HPCL-Mittal Energy Ltd (HMEL) has become the first Indian oil company to suspend Russian crude purchases following ...

Lukoil plans to divest all its overseas assets, including projects in Africa. The move affects stakes in Nigeria, Ghana, Congo, and Egypt. The sale follows Western sanctions restricting the company’s ...