Fossil fuel revenues form the backbone of Russia's economy, which has been buffeted by sanctions following Vladimir Putin's ...

US President Donald Trump is trying again to end the war in Ukraine – not by targeting Russia, but by hitting the countries that buy Russia’s oil.

As Russia's influence wanes in the South Caucasus due to its war in Ukraine, Armenia and Azerbaijan are strengthening ...

The Russian energy ministry announced on Wednesday that the country produced 211 millions metric tons of oil (10.24million ...

Oil prices dropped by less than 1% on Tuesday after U.S. President Donald Trump's 50-day deadline for Russia to end the war ...

Say Putin will not stop war under pressure from West, believes Russia can endure further economic hardship, including ...

U.S. President Donald Trump threatened to hit buyers of Russian exports with sanctions unless Russia agrees a peace deal over ...

S.C., said the war in Ukraine is nearing an inflection point as Trump shows growing interest in helping the country fight ...

As Prime Minister Keir Starmer and French President Emmanuel Macron toured a NATO military base in north-west London on ...

Crude oil futures firmed up gains for the week on prospects of potential US sanctions on Russian oil and reports that OPEC+ ...

Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.