The U.S. Treasury Department unveiled new sweeping sanctions on Russia’s energy sector in an effort to reduce Moscow’s revenue from oil.

Fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies, lifting prices for both U.S. and global benchmark crude sharply on Friday. The [U.S. Department of Treas ...

Ukraine expects that after the new US sanctions against Russia, the world will lose its appetite for Russian oil.

Russian oil company Gazprom Neft, a subsidiary of the energy giant Gazprom, has been given 45 days to divest from its ...

The UK government on Friday announced sanctions against Russian oil giants Gazprom Neft and PJSC Surgutneftegas, saying their profits were "lining Putin's war chest and facilitating the war".

The Russian economy is struggling, and that is likely to increase pressure on President Vladimir Putin for peace negotiations ...

As US slapped fresh sanctions on Russian energy subsidiaries, Serbian President Aleksandar Vucic said Russia must dispose of ...

The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil ...

U.S. President Joe Biden's administration imposed its broadest package of sanctions so far targeting Russia's oil and gas ...

The Biden administration on Friday imposed its broadest package of sanctions yet targeting Russia's oil and gas revenues in ...

The main target of the sanctions, done in coordination with the UK, are major Russian energy companies — Gazprom Neft and ...

The Biden administration has enacted a sweeping set of new sanctions on Russia’s oil industry, including restrictions on two ...