US sanctions targeting Russia’s fossil fuel industry could significantly disrupt the country’s oil supply and distribution ...

The Russian government relies mainly on profits from the export of raw materials, particularly oil, making sanctions against ...

MOSCOW, January 15. /TASS/. Russia lowered oil production by 6,000 barrels per day (bpd) in December 2024 to 8.985 mln bpd, the OPEC said in its January report.

It remains to be seen how the incoming Trump administration will handle enforcement.

The US government’s Energy Information Administration projected a widening oil surplus in its own first look at 2026 on ...

MOSCOW, January 15. /TASS/. Kremlin spokesman Dmitry Peskov has not ruled out that Moscow will respond tit for tat to Washington's sanctions against the Russian fuel and energy sector. "Nothing can be ...

The Russian economy has been financing a full-scale war against Ukraine for three years. Military spending has spun up the ...

New US sanctions on Russia and Iran's oil trade may disrupt logistics but a global oil surplus is still expected due to rising non-OPEC+ production.

President Trump has recently expressed a desire to expand American territory to include Greenland, the Panama Canal, and even ...

Russia is willing to help develop Vietnam's nuclear power sector and provide it with crude oil and LNG, the two countries ...

In these final actions of his presidency, Biden is asserting his domestic and foreign-policy principles before Trump takes ...

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