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

German Chancellor Friedrich Merz said he’s optimistic that the US will exempt Rosneft PJSC’s German unit from Washington’s ...

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Major Chinese state oil companies have reportedly stopped imports of Russian crude oil in response to US sanctions. But ...

At the Berlin Global Dialogue, Union Commerce Minister Piyush Goyal confronted UK Trade Minister Chris Bryant over US ...

President Donald Trump’s sanctions against two of Russia’s largest oil companies come as the European Union passes its 19th ...

The United States and its allies have sanctioned Russia’s largest oil companies in an effort to choke off funding for the ...

Reliance Industries vows compliance with new US, EU restrictions on Russian oil. Facing Western sanctions on Rosneft and ...

Trump “is seriously breaking the ice with these measures,” former Russian deputy energy minister Vladimir Milov told Newsweek ...

Rosneft, the Russian state-owned oil behemoth, has large interests in India. Reliance has a contract to purchase 500,000 ...

This special report focuses on the Trump administration's latest sanctions against Russian energy giants Rosneft and Lukoil ...

U.S. President Donald Trump has done a turnaround on sanctions against Russia, taking aim at Russia’s two biggest oil ...