The U.S. and other western countries have issued sanctions on Russian oil exports since 2022. The Planet Money team explains how the country's shadow fleet of aging oil tankers evades policing. We're ...

WASHINGTON (AP) — Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia’s oil industry in an attempt to get Russian President Vladimir Putin to the negotiating table and ...

DONALD TRUMP is frustrated with Vladimir Putin. Friendly calls, offers to meet, the prospect of post-war deals—none has tempted the Russian leader into a peace agreement. On October 22nd the American ...

BUDAPEST, Hungary (AP) — Hungarian Prime Minister Viktor Orbán said Friday that he would try to persuade U.S. President Donald Trump to grant Hungary exemptions from Washington’s newly announced ...

He will be greeted by Prime Minister Narendra Modi with a bear hug, and Russia will be hailed as India’s “best friend” or ...

The oil market’s main bullish driver is the Rosneft/Lukoil sanctions, but so far they’ve only led to a buildup of Russian crude at sea. Total’s Power Move Questions Oil Majors’s Renewable Pull-Out - ...

NEW DELHI (AP) — India says it is looking to step up purchases of crude oil and natural gas from the U.S. as it diversifies its energy supplies and confronts criticism by U.S. President Donald Trump ...

Gunvor pulled its offer to buy the international assets of sanctioned Russian oil producer Lukoil after the U.S. Treasury Department said it opposed the deal and called the Swiss commodities trader ...

Refiner HPCL-Mittal Energy Ltd (HMEL) has become the first Indian oil company to suspend Russian crude purchases following new U.S., U.K., and E.U. sanctions targeting Moscow’s oil majors Rosneft and ...

The SLB headquarters in Houston, Texas, US, on Tuesday, April 2, 2024. SLB agreed to acquire rival oilfield service provider ChampionX Corp. for $7.8 billion in an all-stock deal, a move that will ...

Exports from Novorossiysk and a nearby Caspian Pipeline Consortium terminal, together representing about 2.2 mn barrels per ...

Steel tycoon Lakshmi Mittal's energy joint venture in India, HMEL, on Wednesday said it has decided to suspend further purchases of Russian crude oil in view of the recent sanctions. HMEL, the equal ...