Scott Bessent, Donald Trump’s nominee for Treasury secretary said he supports dialling up the sanctions on the Russian oil ...

Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, said he would support dialing up sanctions on ...

On January 10, 2025, in a final action to, among other things, deter Russian aggression on the international stage, the US ...

The latest US sanctions on oil tankers used to haul Russian petroleum look set to cause severe disruption across the nation’s ...

Brent crude futures rose 30 cents, or 0.4%, to $82.33 per barrel by 0120 GMT, after rising 2.6% to its highest since July 26 ...

A tanker carrying Russian crude discharged at a port operated by Shandong Port Group in east China on Thursday.

A well-supplied global oil market limits the potential for price shocks resulting from stronger sanctions on Russian oil ...

Oil price risks are skewed to the upside due to sanctions supply disruptions, said Samantha Dart, co-head of global ...

Oil held near a five-month high as US crude inventories posted their longest run of declines since 2021 amid growing risks to global supplies.

On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia’s energy revenues, including on 183 vessels, largely ...

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...