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Key Russian oil hub and nearby power plant in flames - Video
At least 10 powerful explosions were reported by residents shortly before midnight. Regional Governor Pavel Malkov claimed ...
US sanctions’ impact on Russian oil trade showing, Indian refiners seek more oil from Middle East
Industry officials maintain that enough oil supply is available in the global market and replacing the lost Russian oil ...
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Fire reported at oil refinery in Russia's Ryazan Oblast amid drone strike
A fire erupted at the Ryazan Oil Refinery in Russia after a mass drone attack targeting several regions, Russian Telegram channels reported on Jan. 23. According to the Russian Defense Ministry, air ...
Russia faces higher costs on sea-borne oil exports due to new US sanctions
Sweeping U.S. sanctions on Russia's oil industry will make it more expensive for Moscow to sell its oil and complicate ...
India Ups Efforts To Seek Alternatives To Russian Oil
Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...
Biden admin imposes harsh sanctions on Russian oil industry to cut off funding for Ukraine war effort
The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...
Russia's Baltic oil shipments fall 10% after EU sanctions, Finland says
Russia's oil shipments via the Baltic Sea fell by roughly 10% in the last four months of 2024, the Finnish Border Guard said, ...
Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry
Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since ...
Oil Jumps on Fresh U.S. Sanctions Against Russia
A fresh wave of U.S. sanctions against Russia’s oil industry threatened to disrupt global supplies, sending crude prices to ...
Ratcheting up sanctions on Russian oil may be the key to Trump's plan to end the war in Ukraine
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
Russia in flames in devastating blow to Putin as Ukrainian drones set oil depot on fire
A Ukrainian drone attack ignited a massive fire at an oil depot in Russia 's Smolensk region early Tuesday, authorities ...