The US has imposed sanctions on Russia's largest oil companies, Rosneft and Lukoil, in response to Russia's ongoing war in Ukraine, aiming to cut off funding for the Kremlin's military efforts and ...

Hungary opposes EU’s 2028 ban on Russian oil and gas, vowing to fight Brussels’ sanctions plan. Foreign Minister Peter Szijjarto declared Hungary will use “all political and legal means” to protect ...

December WTI crude oil (CLZ25) on Friday closed down -0.29 (-0.47%), and December RBOB gasoline (RBZ25) closed down -0.0043 (-0.23%). Crude oil and gasoline prices on Friday ran into some pre-weekend ...

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. A person pays for fuel at a Shell gas station ...

The European Union (EU) will be able to fully replace Russian liquefied natural gas (LNG) imports with alternative supply from 2027 without significant price disruption, according to data and analysts ...

Russian President Vladimir Putin has sharply criticised the latest U.S. and EU sanctions, calling Washington’s new measures an “unfriendly step” that will not strengthen Russian-American relations.

Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia’s oil industry in an attempt to get Russian President Vladimir Putin to the negotiating table and end Moscow’s ...

The European Union has included two major Chinese refiners, Liaoyang Petrochemical and Shandong Yulong Petrochemical, alongside trading arm Chinaoil Hong Kong, in its Russia sanctions list. This ...

Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia's oil industry in an attempt to get Russian President Vladimir Putin to the negotiating table and end Moscow’s ...

WASHINGTON (AP) — Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia’s oil industry in an attempt to get Russian President Vladimir Putin to the negotiating table and ...