Defying expectations, oil prices began 2025 on a strong note, propelled by tighter US sanctions on Russian oil, Opec+ ...

Russian Foreign Minister Sergey Lavrov has criticised the administration of outgoing US President Joe Biden, accusing it of ...

On January 1, transit of Russian gas to Europe through Ukraine was completely stopped due to Kiev's refusal to extend a previous agreement ...

The Urengoy oil and gas field represents a cornerstone of Russia; and economic strength, with its development serving to feed ...

Six Russian tankers still under construction at Russia's Zvezda shipyard have been sanctioned by the United States. This is ...

"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.

In an effort to reduce Russian energy revenues being used to fund the war against Ukraine, on January 10, 2025, the United States Department of ...

Russia may supply up to 55 billion cubic metres (bcm) of gas per year to Iran, Russian President Vladimir Putin said on ...

Russia has long used its plentiful energy resources as a tool to exert control over the region, where independence from ...

Indian Oil Corp is buying Middle Eastern and African crude to replace Russian volumes affected by U.S. sanctions.

At 412.7 million barrels, commercial crude stocks are at their lowest since 2022, EIA data show, with reductions in supplies "attributed to an increase in exports and a decrease in crude oil imports," ...

The Kremlin said on Thursday that Russia was ready to provide gas to Moldova's breakaway Transdniestria region, but needed ...