America is now the world's energy superpower. The Iran war caused an oil crunch, but the U.S. is helping. It is increasing oil exports and ...

The entities, including German defence electronics firm Hensoldt AG and Belgian-based defence and sporting arms manufacturer FN Browning, h...

The European Union has approved a substantial loan for Ukraine to support its economy and military. This comes after Hungary ended its oppo...

India’s crude oil imports from Russia surged in March, with purchases tripling to €5.3 billion as volumes doubled and prices rose, accordin...

Global economic competition intensifies as China and Iran use supply chains and trade routes for strategic advantage. This challenges the U...

Iran war: Asian nations are scrambling for fuel amid Middle East supply disruptions and China's export bans. Indonesia is seeking deals wit...

Russia's Deputy Prime Minister Alexander Novak has directed the energy ministry to prepare a resolution banning gasoline exports starting A...

The European Commission has proposed a broad ban on services supporting Russia's seaborne crude oil exports, aiming to significantly cut Mo...

The European Union has approved an 18th sanctions package targeting Russia's oil and energy sectors, featuring a lower price cap on Russian...

Russia's gasoline stocks in 2024 are 1% higher than last year's level, Sorokin said, adding that gasoline exports in July 2024 were down 33...

Russia’s President Putin made a statement that oil exports will not be traded internationally to those countries that follow the price cap ...

The decree, published on a government portal and the Kremlin website, was presented as a direct response to "actions that are unfriendly an...

Russia will produce at least some 490 million to 500 million tons of oil next year, Novak said on Sunday reiterating his earlier estimates....

EU has decided to ban Russian oil trade, and this plan can lead to a big crisis in Hungary. EU has revised the Russian oil sanctions and is...

In an interview with the U.S. news outlet overnight, Oleg Ustenko said the companies should hire independent accountants to verify no Russi...

As global supplies were already tight, the Russian invasion led to a supply shock because Russia is the third largest producer and the seco...

A full embargo would be most effective if it included European allies, which are also desperate to stop the violence in Ukraine and the dan...