The European Union is considering a new 18th package of sanctions aimed at increasing pressure on russia to end the war in ...

The European Union is considering cutting more than 20 banks from SWIFT, the international payments system, as well as ...

While Russian oil exports via the Baltic dropped 10% in late 2024, and shadow fleet use fell to 65% in April, analysts argue ...

After delaying an earlier ultimatum, the European Union has passed a new sanctions package against Russia. The sanctions come ...

Lifting U.S. sanctions on Iran could temporarily lower oil prices, but this relief may be short-lived as resilient demand and ...

Finance ministers and central bank governors from the Group of Seven democracies pledged on Thursday to address "excessive ...

Friday closed up +0.33 (+0.54%) and July RBOB gasoline (RBN25) closed down -0.0169 (-0.81%). Crude oil and gasoline prices on ...

Increased oil demand forecasts, along with the existing sanctions on Iran’s exports, provided some upward support while ...

OPEC+ oil war impacts global economy, India's oil imports, and geopolitical dynamics, analyzed by expert Mahesh Sachdev.

The possible lifting of U.S. sanctions on Iran's oil exports could deal a fatal blow to independent Chinese refineries that ...

The EU will propose to G7 finance ministers this week to lower the current $60 per barrel price cap on Russian seaborne oil ...

Surging U.S. crude inventories surpass expectations, signaling softening demand and increasing downside risks for oil prices. Iran sanctions could cut oil exports by half, but demand concerns ...