The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil ...

Oil prices hit a three-month high due to new US sanctions targeting Russian oil tankers and maritime insurance providers, amidst dwindling US crude stockpiles and cold weather.

Dodging the cap has increased the price Russia gets for its oil on global markets, sanctions experts say. The discount for ...

The vessels are believed to be carrying thousands of tons of oil. LONDON -- Two Russian tankers believed to be carrying thousands of tons of oil were damaged off the coast of Crimea in the early ...

The US Government plans to introduce additional sanctions targeting Russian oil revenues by focusing on tankers carrying crude above the $60 per barrel price cap imposed by the West, reported Reuters.

Two Russian oil tankers have been badly damaged in the Black Sea, causing an oil spill, authorities in Russia have said. Footage released by Russia's Southern Transport Prosecutor's Office showed ...

The more than 50-year-old ships were carrying some 9,200 metric tons (62,000 barrels) of oil products in total, Russian news agency TASS said, but how much leaked is being determined. Volgoneft ...

The two tankers, which reportedly sank due to severe weather conditions, were carrying approximately 4,000 tons of fuel oil on board each. "Any oil or petrochemical spill in these waters has the ...

WASHINGTON/NEW DELHI, Jan 6 (Reuters) - The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues with action against tankers ...

Russia mounted a rescue effort on Sunday after two oil tankers were wrecked in rough seas off Moscow-annexed Crimea, with one spilling oil into the Kerch Strait. At least one person was killed when ...

Russia mounted a rescue effort on Sunday after two oil tankers were wrecked in rough seas off Moscow-annexed Crimea, with one spilling oil into the Kerch Strait. At least one person was killed ...