Oil prices rose in early Asian trading on Friday, and were set for their second consecutive weekly gains, after fresh U.S.

The U.S. on Thursday issued new Iran-related sanctions, targeting entities including for the first time a Chinese "teapot," ...

Federal officials have sanctioned a Chinese oil refinery, as well as an oil storage facility and their owners to cut off ...

Oil prices rose on Thursday after the United States issued new Iran-related sanctions and renewed tensions in the Middle East ...

The sanctions are part of the administration’s “campaign of maximum pressure on Iran,” the department said.

A Kyiv School of Economics study shows much of Putin's high military spending was squandered due to corruption and inefficiencies.

Crude oil prices are set for another weekly gain, driven by new U.S. sanctions on Iran's energy industry and OPEC+ efforts to ...

The Trump administration has been seeking a cease-fire deal with Moscow, spurring discussions about a return of Western ...

European officials say the Trump administration has pared back its engagement with efforts to enforce sanctions on Russia as ...

The fire at a sub-station near Heathrow Airport was described as "catastrophic" by Britain's energy minister, who said that ...

This penalty ranks among the largest ever imposed by OFSI. The Treasury-affiliated watchdog had faced frequent criticism from ...