Crude oil futures rallied to fresh three-month highs Friday, after the Biden administration broadened sanctions on Russian oil, potentially affecting global supplies, while winter weather lifts demand ...

Washington now has freer hand in restricting Russian oil amid predictions of a global glut.

President Joe Biden's administration says it's expanding sanctions against Russia's critically important energy sector over ...

In our news wrap Friday, Venezuelan President Maduro was sworn in for a third term following a disputed election, the White House extended protections for hundreds of thousands of Venezuelans and El ...

The United States and Britain on Friday announced sanctions against Russia's energy sector, including oil giant Gazprom Neft, ...

U.S. stock futures leaned lower Friday on concern over possible export restrictions on Nvidia, ahead of key data on the jobs ...

The Biden administration announced major sanctions against the Russian energy sector on Friday, escalating tensions with ...

Venezuela’s Nicolas Maduro has been sworn in for a third presidential term in what the country’s opposition movement has ...

Russia’s war economy, now in its third year, is facing mounting challenges, including rising inflation, labor shortages, and growing economic imbalances. While these issues strain the civilian economy ...

The U.S. Treasury Department unveiled new sweeping sanctions on Russia’s energy sector in an effort to reduce Moscow’s revenue from oil.

Biden administration expands sanctions on Russia’s critical energy sector, but it’s up to Trump whether to keep them.

Oil and gas revenue is expected to account for around 27% of Russia's federal revenue in 2025, according to a draft budget ...