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

U.S. sanctions on Rosneft and Lukoil have caused the discount of Russia's Urals crude to benchmark Brent to widen to $20 per ...

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.

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

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

A Ukrainian commander says the Russian army has overrun three settlements in Ukraine's southern Zaporizhzhia region ...

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

Hungarian Prime Minister Viktor Orbán on Friday said that he has received assurances from US President Donald Trump that his ...

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

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