The Western-backed Caspian Pipeline Consortium is preparing to challenge in a Russian court a regulatory order that has crippled its exporting capabilities and threatened to cut oil flows to global ...

The proposed tariffs, which range from 25 to 50 percent, would not directly target Russia but would penalize foreign ...

The lower revenues, a result in part of President Trump’s trade war, could prove more damaging to the Russian economy than ...

Russia's second-largest oil producer Lukoil has seen its profits crash by 26.5% in 2024, as the country's economic crisis shows no sign of abating.

One oil industry lobbyist said they had met administration ... the oil producing states of OPEC and its partner Russia are increasing their own crude production, Bhushan Bahree, executive director ...

No Russian oil has been delivered via the Druzhba pipeline to the PCK refinery in Germany in more than two years because of sanctions levied against Moscow following its full-scale invasion of ...

But Russia's total revenue from oil exports in 2024 was $189 billion ... are delicate and complex and extremely difficult for Russian industry to replace under the current sanctions regime.

President Donald Trump's reveal of sweeping import tariffs further darkened the outlook for the global economy and left many ...

European oil traders are weighing when to re-enter Russia’s markets with some predicting Moscow will seek to maintain increased control of its oil exports even if western sanctions are lifted.

The president also claimed he was “very angry, pissed off” at Putin’s comments Friday, when the Russian leader suggested Russia should work with the U.S. and other Western allies to impose a ...

"If changes are happening in the relationship with Russia... then I think it is very possible that there is Russian oil," said Hoeppner. German sanctions on Russian oil brought a halt to ...