The Russian Federation expects that the shutdown of its plants due to the latest US sanctions will not have a major impact on ...

The U.S. government denied that new sanctions against Russia were intended as a bargaining chip for future peace talks, ...

Oil prices have continued their merry run since the beginning of the new year on the back of increased concerns over supply disruptions.

The Biden administration announced major sanctions against the Russian energy sector on Friday, escalating tensions with ...

The US on Friday announced the most sweeping and aggressive sanctions yet on Russia’s oil trade, just ten days before Joe ...

The Biden administration delivered a parting blow to Russia’s economy Friday, targeting two of its largest oil companies and ...

Good afternoon, and happy Friday, readers! In today’s Daily on Energy, Callie and Maydeen continue to cover the destructive fires burning throughout Los Angeles County. Our hearts go out to those who ...

Washington now has freer hand in restricting Russian oil amid predictions of a global glut.

President Joe Biden's administration says it's expanding sanctions against Russia's critically important energy sector over ...

Oil prices surge to three-month highs as U.S. broadens sanctions on Russian oil and winter weather lifts demand for heating ...

Germany charged that a heavily loaded tanker adrift off its northern coast Friday was part of the "shadow fleet" Moscow uses to avoid sanctions on its oil exports.

Shares of energy companies rose as oil futures spiked due to new U.S. sanctions on the Russian oil industry.