A view shows a petrol station of the Russian oil producer Gazprom Neft in Moscow on Jan. 13, 2025. A view shows a petrol station of the Russian oil producer Gazprom Neft in Moscow on Jan. 13, 2025.

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 ...

Ukraine's security service claims successful strikes on Russian oil tankers, targeting vessels linked to Moscow in the Black ...

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 ...

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 ...

to Russian oil because of a lack of other options. Meanwhile, other private refiners are watching developments and refraining from actions that could trigger similar sanctions, according to Rystad. In ...

On 28 November 2025, two oil tankers linked to Russia’s sanctioned shadow fleet, Kairos and Virat, caught fire in the Black Sea off Turkey’s coast. The explosions prompted an immediate response from ...

HOUSTON (Reuters) -Oil prices settled more than 2% higher on Friday as Russia's port of Novorossiisk halted oil exports following a Ukrainian drone attack that hit an oil depot in the Russian energy ...

Despite U.S. and EU pressure, Russia continues to export large volumes of oil and gas. China’s crude imports from Russia rose 4.3% month-on-month in September, while India—reliant on Russian barrels ...

1504 ET – Crude futures post hefty gains after the Trump administration imposed sanctions on Russia’s biggest oil companies, raising expectations that India and China could halt or at least reduce ...

HYDERABAD, India, Oct 28 (Reuters) - Oil India (OILI.NS), opens new tab has been unable to transfer a $300 million dividend from its stakes in two Russian oil fields recently sanctioned by the United ...

The United States appears ready for war with Venezuela, a prospect that Venezuelan President Nicolás Maduro this weekend attributed to America’s desire to control the country’s vast oil reserves.