In the UK, that’s worked out well for stocks, with miners helping lift the FTSE 100 to fresh records as metal prices reacted ...

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Declining crude oil prices are pressuring profitability in the oil and gas industry, leading to potential cuts in upstream investments and a reassessment of capital allocation strategies.

The UK urged its Group of Seven allies to agree a cut to the price cap on Russian oil, saying the move is necessary to put further pressure on President Vladimir Putin to end Russia’s war in ...

WASHINGTON (Reuters) -The U.S. Treasury Department on Tuesday imposed sanctions on more than 20 companies in a network that it said has long sent Iranian oil to China, days after negotiators from ...

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The U.S. State and Treasury departments imposed a fresh round of what they called "maximum pressure" sanctions on Iran’s "shadowy" oil trade on Monday.

The aim is to bring the two oil giants together so they can compete with international rivals such as France's TotalEnergies and US giants ExxonMobil and Chevron.

U.S. and European sanctions are already unprecedented, but there is plenty the new administration can still do to squeeze Russia’s earnings.