New U.S. sanctions will be “catastrophic” for Lukoil’s operations across the continent, warns former company executive.

Sen. Ron Johnson (R-Wis.) objected to a request by Sen. Chris Van Hollen (D-Md.) on Thursday for the Senate to immediately ...

Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia's oil industry in an attempt to get ...

The U.S. president was given three options for sanctions after running out of patience with the Kremlin over the Ukraine war.

The two countries paused imports from Russia as a defiant Vladimir Putin dismissed the US sanctions as unlikely to have a ...