For the first time in his second term, President Trump is imposing new sanctions, but they may not shift the course of Russia ...

The U.S. and the European Union are hitting Russia with another round of sanctions, aiming to cut into oil and gas export ...

Days after canceling a planned summit with Putin, citing a lack of progress toward ending the war in Ukraine, Trump took a ...

At a fraught EU summit on funding for Kyiv, leaders asked the European Commission to draw up legal options for a reparations loan backed by Russia's frozen assets, with a final proposal expected by ...

Analysts said the impact of blacklisting Russia’s biggest oil producers—Rosneft and Lukoil—would hinge on three things: how ...

President Donald Trump seems to have finally shifted from the carrot to the stick in his approach to handling Russian leader Vladimir Putin by hitting Russia’s top oil companies with sanctions.

After President Trump balked at sending Ukraine those Tomahawks, during a phone call with Secretary of State Marco Rubio, ...

Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia's oil industry in an attempt to get ...

Energy revenue is the linchpin of Russia’s economy, allowing President Putin to pour money into the armed forces without ...

Fresh sanctions are hitting Russia's energy sector, from both the European Union and the United States.

Although the $140 billion plan has not been shelved, Belgian Prime Minister Bart De Wever said that he would do “everything ...

The text also said that, subject to EU law, "Russia's assets should remain immobilised until Russia ceases its war of ...