Tightened U.S. sanctions on Moscow have disrupted a roaring trade in discounted Russian oil to China and India, reviving ...

The world of global trade is often complicated, and sometimes countries take actions to avoid the rules set by others. This ...

The International Energy Agency once again slashed expectations for a global oil surplus this year amid stronger demand ...

The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...

The Group of Seven is considering collectively tightening an oil price cap on Russian petroleum in an effort to cut Moscow’s ...

President Trump’s discussions with Putin signal a possible peace deal for Ukraine, which could lead to U.S. sanctions relief.

The US will not tolerate Iran’s destructive and destabilizing behavior and is today sanctioning an international network that ...

Chinese refiners are being offered Russian ESPO crude cargoes at lower prices as growing concern around US sanctions increase ...

(AP Photo/Jose Luis Magana, File) WASHINGTON (AP) — The U.S. Department of Treasury on Thursday imposed sanctions on a ...

The Treasury sanctions are directed at more than a dozen people and companies based in China, India and the United Arab ...

We play by the rules. If there is an international sanction, which is anchored, we would not want to go around it,” the oil ...

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...