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

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.

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

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 ...

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

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

The Trump administration on Wednesday imposed sanctions on Russia’s two largest oil companies as it called on Moscow to agree ...

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

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

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