"Eventually the administration decided it's not enough to just use carrots to pressure Putin, you also need sticks," one ...

But India’s purchases of Russian oil soared amid the war in Ukraine, registering at some 40 percent of its total crude ...

The Russians are already thinking about how to sell their businesses, including in Europe, because they won’t be able to ...

OPEC+ is expected to approve another small production increase this weekend as it balances market stability against new U.S.

The Foreign Intelligence Service of Ukraine (FISU) has reported that if pressure on Russia continues, the losses from the ...

Newly imposed U.S. and EU sanctions targeting Russia and its oil giants Rosneft and Lukoil have yet to disrupt physical crude ...

The Trump administration has levied new sanctions against Russia, targeting the country's oil industry. NPR's Ayesha Rascoe speaks with journalist Stephanie Baker about the implications.

Oil prices slipped about 2% on Tuesday, marking a third straight day of declines as investors considered the impact of U.S.

Trump said Oct. 22 that the sanctions "certainly will have an impact" on Russia and that he hopes Putin will "become ...

The Treasury Department said new economic penalties will target Russia’s two largest oil companies, Rosneft and Lukoil, as ...

President Trump expressed confidence that US sanctions on Russia's top oil companies, Rosneft and Lukoil, would have an ...

MOSCOW (Reuters) -Russian Central Bank Governor Elvira Nabiullina addressed a news conference on Friday after the central ...