Millions of barrels of oil that would normally be preserve of oil refineries in Europe are instead heading to Asia as US ...

The European Union renewed on Monday its wide-ranging sanctions on Russia over the war in Ukraine, after Hungary stopped ...

The sanctions target trade, finance, energy, technology, industry, transport and luxury goods and include a ban on seaborne ...

Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which ...

The European Union will moved forward with a renewal on Russian sanctions after a deal was struck with Hungary, according to ...

The rush to buy replacement cargoes for sanctioned Russian oil has pushed Middle Eastern crude prices to an unusual premium ...

The European Union renewed its wide-ranging sanctions on Russia on Monday for another six months after Hungary stopped ...

European Union foreign policy chief Kaja Kallas said she expected the bloc to renew its sanctions on Russia on Monday after ...

Russia is "very closely monitoring all the rhetoric" from Washington, a Kremlin spokesperson said, after President Donald ...

President Donald Trump is threatening to impose stiff taxes, tariffs and sanctions on Russia if an agreement isn’t reached to ...

President Trump on Wednesday threatened to impose tariffs and sanctions on Russia if there is no deal to stop the fighting in ...

Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of ...