Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022 ...

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on the latest U.S. sanctions on Russia ...

Separately, the Keremet Bank in Kyrgyzstan is being sanctioned for coordinating with Russian officials and a U.S. bank to ...

"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions ...

The Treasury Department announced Wednesday that it is amping up its sanctions against companies and entities involved in ...

The latest round of U.S. sanctions against Russian oil announced last Friday could significantly disrupt the country's oil ...

The Biden administration took action Wednesday to make it harder for President-elect Donald Trump to lift some sanctions on ...

The vessels under the latest U.S. sanctions include nine tankers that loaded oil products at Russian Baltic and Black Sea ...

While Western sanctions have targeted Russia's economy and military production, loopholes have allowed Moscow to largely ...

As part of the action, the Treasury imposed new curbs on almost 100 entities that were already under sanctions, potentially ...

Spot prices for Middle East crude hit their highest level in over two years due to strong demand from China and India. The ...