Russian officials said the sales to friendly countries have offset the impact of Western oil sanctions imposed since the ...

Russia said Tuesday that sanctions packages adopted by the U.S. and Western allies have failed to restrict its crude oil ...

The IEA said Russia's estimated oil export revenues fell to $11.6 billion last month, down $2.7 billion from January when ...

Russia’s Energy Minister has said that the country has managed to redirect its oil and fuel exports following the embargoes ...

Russia has successfully redirected all its crude oil exports affected by Western sanctions over Ukraine to "friendly" ...

Group of Seven Nations are not likely to revise a price cap on Russian oil this week, two European Union officials and one ...

Russia is overhauling how oil companies are taxed, aiming to bolster state revenues by capturing a bigger share of crude ...

The measure is eating into Kremlin fossil fuel export profits and exacerbating a ballooning budget deficit amid Russia's war ...

The Biden administration is fending off pressure to lower the Russian oil price cap, insisting that it is achieving its ...

EU countries on Friday agreed a cap on the global price of Russian petroleum products, ahead of a full import ban on Russian oil products that comes into force on Sunday. Ambassadors agreed to cap the ...

Earlier this year, the EU agreed sanctions banning imports of Putin's oil by sea. G7 countries and Australia have also banned crude imports. The ban coincides with the introduction of a $60 price cap ...

Russia has increased its oil exports to India by a massive 2,200% since sanctions over the invasion of Ukraine cut the ...