The sanctions target oil giants Rosneft and Lukoil, which together account for more than 5% of global oil output.

Asian shares are mostly higher after the White House confirmed plans for President Donald Trump to meet with Chinese leader ...

U.S. sanctions on Rosneft and Lukoil have lifted global oil prices, though analysts doubt the measures will have lasting ...

Russian President Vladimir Putin said on Thursday the latest US sanctions targeting two major oil firms were "serious", but ...

Russian President Vladimir Putin said Russia will never bow to US pressure, despite new sanctions targeting energy giants ...

European futures rose. U.S. President Trump said he was terminating trade negotiations with Canada, contending the country ran an advertisement featuring Ronald Reagan speaking negatively about ...

Russian President Vladimir Putin said on Thursday the latest US sanctions targeting two major oil firms were "serious", but ...

Big U.S. oil companies helped drive the market higher, including gains of 1.1% for Exxon Mobil, 3.8% for ConocoPhillips and 4 ...

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

After nine months of attempting to coax Russia into concessions using only incentives, the Trump administration in an ...

TOKYO (Reuters) -U.S. crude futures eased in early trade on Friday, trimming part of the previous day's surge but remaining ...

But while Trump pressed Zelensky to agree to land concessions that would bring the war to a close, by the end of the meeting he’d arrived at a plan that would call for a ceasefire at the current ...