"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions ...

The U.S. Treasury Department has targeted actors involved in a sanctions evasion scheme facilitating cross-border payments ...

Oil prices shot up Wednesday by more than 3% on fears of low US stockpiles and the lingering effect of US sanctions on Russia ...

A diesel hydrotreating unit at a refinery of Russian oil major company Lukoil in the city of Volgograd caught fire on Wednesday morning, two oil industry sources told Reuters. Another source said the ...

The Russian government relies mainly on profits from the export of raw materials, particularly oil, making sanctions against ...

Energy producers have rushed to lock in oil prices since the United States announced its harshest sanctions yet on Russian ...

Southern California's Edison International owes its survival to luck, at least in part.

A fresh wave of U.S. sanctions against Russia’s oil industry threatened to disrupt global supplies, sending crude prices to ...

Oil slipped in early Asian trade. Prices had recently extended their gains as traders fretted over tightened supplies after the U.S. imposed sanctions on Russia’s energy industry, ANZ Research said.

Energy stocks have surged 5% so far this year, outpacing the S&P 500 index's 1% loss after lagging the market for the last ...

A fresh wave of U.S. sanctions against Russia's oil industry threatened to disrupt global supplies, sending crude prices to their highest in more than four months. The power producer agreed to buy ...

Sweeping U.S. sanctions on Russia's oil industry will make it more expensive for Moscow to sell its oil and complicate ...