Global diesel prices and refining margins spiked following the latest round of U.S. sanctions on Russia's oil trade on ...

Financial sanctions on Russia were introduced following the annexation of Crimea in 2014 and the wider invasion of Ukraine in ...

Treasury secretary nominee Scott Bessent told senators Thursday he would be “100 percent on board” with increasing sanctions ...

The latest US sanctions on oil tankers used to haul Russian petroleum look set to cause severe disruption across the nation’s ...

Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine ...

Scott Bessent, U.S. President-elect Donald Trump's nominee to be secretary of treasury, speaks as he testifies during a ...

In addition, the Securities and Exchange Commission just sued Elon Musk, accusing him of not notifying that agency or ...

Russia's seaborne oil product exports fell by 9.1% to 113.7 million metric tons last year as the country's oil refineries ...

A more aggressive approach to Russian sanctions could involve stricter enforcement of secondary measures, targeting European ...

In the run-up to his departure from the White House, President Joe Biden has slapped a number of major new sanctions on ...

Scott Bessent faced questioning by lawmakers from the Senate Finance Committee earlier Thursday as part of his confirmation ...

Indian Oil Corp has purchased 7 million barrels of Middle Eastern and African crude oil, including Abu Dhabi's Murban, amid U ...