The U.S. Treasury Department is sanctioning Russian oil companies, tankers, officials and executives. Oil prices jumped on worries that crude supplies would face disruptions. Oil prices jumped on ...

BERLIN — An oil tanker believed to be part of Russia’s efforts to evade sanctions went adrift and had to be towed by a German tugboat Friday in what Germany's foreign minister called a danger ...

LONDON :Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply disruptions from more sanctions on Russia. Brent crude futures ...

By Nidhi Verma and Dmitry Zhdannikov NEW DELHI/LONDON (Reuters) -The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S. Treasury ...

In May 2023, an 18-year-old shadow tanker carrying 340,000 barrels of Russian oil products from the port of Vysotsk on the Baltic lost engine power and almost ran aground while passing through the ...

Oil prices soared on Friday as traders anticipated rumoured new US sanctions against Russia, which would further disrupt its crude exports and therefore tighten supplies. The price of Brent North ...

However, even in Asia, new challenges are emerging. China, one of Russia's key allies and the largest importer of crude oil globally, has taken a significant step in response to increasing US ...