EU unveils toughest sanctions yet, targeting Russian oil trade and shadow fleet

The European Union is moving forward with a new sanctions package against Russia, and they’re not pretending it won’t have global fallout. Brussels is going after oil, and not just Russia’s oil firms, ... Read More

Trump demands NATO allies halt Russian oil purchases before new US sanctions

President Donald Trump threatens major sanctions on Russia, but only if NATO nations first stop buying Russian oil and end their dependence on Moscow’s energy. Read More

EU’s Russia Clampdown to Hit Third-Country Oil Refiners, Traders

The European Union’s next round of sanctions against Russia will target large parts of the global oil industry as the bloc looks to intensify pressure on the Kremlin’s access to petrodollars. Read More

Europe Announces New Sanctions to Ramp Up Pressure on Russia

The latest set of European Union restrictions are aimed at chipping away at Russia’s energy profits and ability to do business globally. Read More

Oil Remains Lower As EU Places More Sanctions on Russia

Oil futures were lower as the EU unveiled a new package of sanctions against Russia that targeted banks, oil vessels and buyers of Russian oil, while lowering the crude oil price cap. Read More

Ukraine pushes Europe to back US sanctions on Russian oil — with special sweetener for America

What President Trump said [was] very clear — we are absolutely [supportive],” said Andriy Yermak, Ukrainian President Volodymyr Zelensky’s top adviser, told The Post on ... Read More

US Sanctions Proposal on Russian Oil Puts Europe On the Spot

The European Union is weighing sanctions on companies in India and China that are enabling Russia’s oil trade as part of an upcoming package of fresh restrictions, Bloomberg has learned. US President ... Read More

US urges G-7 sanctions on Russian oil as Trump loses patience with Putin

Treasury Secretary Scott Bessent, in that “emergency” G-7 discussion, reiterated Trump’s call to the group that “if they are truly committed to ending the war in Ukraine, they should join the United ... Read More

US extends waiver of sanctions on Serbia's Russian-owned NIS oil company

BELGRADE, Aug 26 (Reuters) - The United States has for the sixth time postponed sanctions on Serbia's Russian-owned oil company NIS (NIIS.BEL), opens new tab, which operates the only oil refinery in ... Read More

India will continue to buy Russian oil despite US tariffs, finance minister says

NEW DELHI, Sept 5 (Reuters) - India will continue to buy Russian oil as it proves economical, its finance minister said on Friday, despite the Trump administration's decision to impose heavy import ... Read More