The US on Friday imposed a swath of fresh sanctions on Russian oil and gas which could cost the country billions of dollars ...

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 ...

Fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies, lifting prices for both U.S. and global benchmark crude sharply on Friday. The [U.S. Department of Treas ...

The UK government on Friday announced sanctions against Russian oil giants Gazprom Neft and PJSC Surgutneftegas, saying their profits were "lining Putin's war chest and facilitating the war".

The Russian economy is struggling, and that is likely to increase pressure on President Vladimir Putin for peace negotiations ...

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

Russian oil company Gazprom Neft, a subsidiary of the energy giant Gazprom, has been given 45 days to divest from its ...

As US slapped fresh sanctions on Russian energy subsidiaries, Serbian President Aleksandar Vucic said Russia must dispose of ...

Thousands of protesters in the Slovak capital held banners and chanted slogans on Friday accusing Prime Minister Robert Fico ...

The main target of the sanctions, done in coordination with the UK, are major Russian energy companies — Gazprom Neft and ...

The Biden administration has enacted a sweeping set of new sanctions on Russia’s oil industry, including restrictions on two ...