Hungary gets most of its oil from the Druzhba Pipeline that runs from Russia through Ukraine to Central and Eastern Europe, ...

In considering the many effects of the war in Ukraine on the Russian economy, few suspected that fuel shortages would be one of them. After all, Russia is an oil-rich country whose energy ...

Russian oil is trading at its steepest discounts to Brent in a year in Asia, as major Indian and Chinese refiners reduce ...

In the coming weeks, the EU will decide whether to phase out its remaining Russian fossil fuel imports by early 2027 — or ...

Financially speaking, the U.S. sanctions will obviously have an effect. Indeed, even before these sanctions were rolled out ...

The U.S. and other western countries have issued sanctions on Russian oil exports since 2022. The Planet Money team explains how the country's shadow fleet of aging oil tankers evades policing.

The Group of Seven (G7) coalition will seek to set two price caps on Russian refined products in February, one for products ...

NEW DELHI (AP) — India says it is looking to step up purchases of crude oil and natural gas from the U.S. as it diversifies its energy supplies and confronts criticism by U.S. President Donald Trump ...

KYIV, Ukraine (AP) — Ukrainian drones struck a major oil refinery in Russia’s Volgograd region for the second time in almost three months, Ukraine’s general staff said Thursday. Russian officials did ...

Oil futures consolidated in the morning Asian session, but may be dragged by demand concerns ...

Minister of Oil and Chairman of the Supreme Council for the Environment Tariq Al-Roumi stated that any decision to wage war ...