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

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

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

Oil prices gained about $1 on Tuesday on the impact of the latest U.S. sanctions on Russian oil and the optimism over a ...

Chinese refiner Yanchang Petroleum, backed by a provincial government, has stopped purchasing Russian oil, according to ...

Despite halting direct purchases of Russian oil after its full-scale invasion of Ukraine, Australia has imported over three ...

Global markets react to new Trump sanctions on Russian oil. Learn how rising oil prices may impact inflation and investment.

Despite a chummy relationship, new U.S. penalties on Russian energy were likely to be a sticking point as President Trump and ...

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

U.S. President Donald Trump exempted Hungary from sanctions over the nation's purchase of Russian gas and oil after meeting ...

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

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