The US has imposed sweeping sanctions on Russia’s oil trade. The measures target major producers, tankers, traders, and ...

The Biden administration announced major sanctions against the Russian energy sector on Friday, escalating tensions with ...

The White House has said that new sanctions against the Russian energy sector will significantly reduce Russia's revenues and ...

The Biden administration has imposed new sanctions on Russia’s energy sector that it expects will cost the Kremlin billions ...

In our news wrap Friday, Venezuelan President Maduro was sworn in for a third term following a disputed election, the White House extended protections for hundreds of thousands of Venezuelans and El ...

President Joe Biden’s administration announced Friday that it’s expanding sanctions against Russia’s critically important ...

The U.S. Treasury Department unveiled new sweeping sanctions on Russia’s energy sector in an effort to reduce Moscow’s revenue from oil.

Oil and gas revenue is expected to account for around 27% of Russia's federal revenue in 2025, according to a draft budget ...

The new sanctions target "Russia's key source of revenue" for funding its war against Ukraine, Treasury Secretary Yellen said ...

Oil rose to $80 per barrel, the highest level since October, as the US announced new sanctions against Russia.

The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil ...

The Biden administration is targeting Russian oil production as punishment for its 2022 invasion of Ukraine. Incoming ...