When the US imposed its first major sanctions on Russia's petroleum industry since Donald Trump’s return to the White House, the oil market briefly dived into chaos. Refiners in India, a major market ...

A view of the oil terminal in Saint Petersburg on Sept. 26, 2025. (Bloomberg) --When the US imposed its first major sanctions on Russia's petroleum industry since Donald Trump’s return to the White ...

The latest US sanctions on two of the largest Russian oil companies are likely to shake up the market. This week, oil prices surged following the Trump administration’s announcement of sanctions ...

Crude oil softened early Thursday, hovering near $60 amid concerns over sluggish demand and persistent oversupply. Despite new sanctions on Russia, the market’s outlook remains weak, with resistance ...

(Bloomberg) — When the US imposed its first major sanctions on Russia’s petroleum industry since Donald Trump’s return to the White House, the oil market briefly dived into chaos. Refiners in India, a ...

The US government jolted energy markets when it sanctioned Russia’s two biggest crude oil producers on Oct. 22. All eyes are now on how the sanctions will affect the supply and price of petroleum ...

Donald Trump's new sanctions against Russia's oil industry are an "act of war", an ally of Vladimir Putin has said. Dmitry Medvedev, the former Russian president, said: "The US is our enemy, and their ...

Trump demands immediate ceasefire in Ukraine Sanctions Russia's two biggest oil majors Putin shrugs off impact, warns on long-range weapons EU leaders pledge aid to Ukraine, demure on Russian asset ...

BEIJING (Reuters) -Chinese offshore oil and gas major CNOOC Ltd reported on Thursday a 12.2% decline in third-quarter net income from a year earlier as lower global oil prices offset strong production ...

US President Donald Trump has reiterated that India has agreed to reduce its purchase of Russian crude. Trump said Indian PM Narendra Modi had assured him during a phone call on Tuesday that Delhi ...