Oil prices surged around 5% to a two-week high yesterday after the U.S. imposed sanctions on major Russian suppliers Rosneft ...

U.S. sanctions on Rosneft and Lukoil have lifted global oil prices, though analysts doubt the measures will have lasting ...

The U.S. and the European Union are hitting Russia with another round of sanctions, aiming to cut into oil and gas export ...

Chinese state-owned oil refiners, including Sinopec, have canceled numerous shipments of Russian crude oil following new US ...

Western countries, led by the US and its allies, aim to cripple Russia’s economy, which relies on crude oil for 30 per cent ...

This special report examines the global fallout from new U.S. sanctions imposed by Donald Trump on Russia's largest oil ...

The Trump administration’s blacklisting of Rosneft PJSC and Lukoil PJSC is the latest in a series of measures rolled out by ...

Russian President Vladimir Putin said on Thursday the latest US sanctions targeting two major oil firms were "serious", but ...

US sanctions on Russian oil giants and infrastructure attacks elevate global supply concerns, driving up prices and ...

German Chancellor Friedrich Merz and European Commission President Ursula von der Leyen announced sweeping new actions against Russia, unveiling the 19th EU sanctions package aimed at crippling Moscow ...

Following the Trump administration’s sweeping sanctions on Russia’s two biggest oil companies—Rosneft and Lukoil—President Vladimir Putin dismissed the measures’ economic impact, saying they were ...

The sanctions target oil giants Rosneft and Lukoil, which together account for more than 5% of global oil output.