"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.

The Title Transfer Facility, the European gas benchmark often used for LNG contracts in the region, traded at a high of more than €300 per megawatt hour and a low of €65/MWh in 2022. In 2024, the ...

Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...

THE now departed Biden administration threw one last furious punch at Russia on Jan 10 with tough new sanctions aimed at ...

China's crude oil surplus grew significantly in 2024 due to stockpiling of discounted Russian oil, potentially mitigating the ...

Russian seaborne oil product exports fell by almost 10% in 2024 after Ukrainian drone attacks damaged major refineries and as ...

The sanctions overshadow Donald Trump’s inauguration, reflecting the deep-rooted determination of America’s foreign policy ...

Russia's seaborne exports of refined oil products fell by 9.1% in 2024 due to drone attacks on refineries, export bans, and ...

President Donald Trump said during his inauguration he will declare a national energy emergency aimed at boosting oil and gas ...

Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, said he would support dialing up sanctions on ...

Oilfield service provider SLB on Friday said its current business in Russia still aligns with U.S. sanctions issued this ...

Oil prices shot up Wednesday by more than 3% on fears of low US stockpiles and the lingering effect of US sanctions on Russia ...