An impasse over Russian oil and imminent US sanctions has put Serbia at loggerheads with its traditional ally in Moscow.

NIS' Russian owners are ready to give up control of the Serbia-based oil firm as U.S. sanctions threaten fuel supplies to the ...

Crude oil futures gained for a third straight session on signals that US sanctions are starting to have an impact on Russian ...

The Iraqi government says it can no longer work with Russian oil company Lukoil – which has a huge stake in the country’s oil fields – because of recently imposed US sanctions against the company.

Tankers, including those from the shadow fleet, are still exporting crude, with many heading to Asian markets like India and ...

The United States has granted Hungary a one-year exemption from U.S. sanctions for using Russian oil and gas, a White House ...

Ukraine and its allies have called on Donald Trump to pressure Xi Jinping over China’s support for Russia. Trump’s meeting ...

Trump may exempt Hungary from Russian oil sanctions due to the country's lack of sea access and dependence on Russian energy ...

Hungary said on Saturday it had obtained an indefinite waiver from U.S. sanctions to use Russian oil and gas, but a White ...

Officials in Budapest say their landlocked country is dependent on Russian oil and gas for geographical reasons.

Bulgaria is racing to prevent the shutdown of its only oil refinery before U.S. sanctions on its Russian owner take effect ...

Donald Trump has handed Hungary an exemption on sanctions for buying Russian oil and gas. The one-year agreement came at the ...