US President Donald Trump imposed his first sanctions on Russia’s two largest oil companies on October 22, the state-owned Rosneft and the privately-owned Lukoil in the latest flip flop by the US ...

December WTI crude oil (CLZ25) on Friday closed down -0.29 (-0.47%), and December RBOB gasoline (RBZ25) closed down -0.0043 (-0.23%). Crude oil and gasoline prices on Friday ran into some pre-weekend ...

When the US imposed its first major sanctions on Russia's petroleum industry since Donald Trump’s return to the White House, the oil market briefly dived into chaos. Refiners in India, a major market ...

Hungary’s Prime Minister Viktor Orbán was delighted to learn last week that Russia and the United States had chosen his country as the venue for another summit on ending the war in Ukraine. Having ...

BUDAPEST, Hungary (AP) — Hungarian Prime Minister Viktor Orbán said Friday that he would try to persuade U.S. President Donald Trump to grant Hungary exemptions from Washington’s newly announced ...

Iraq will hold parliamentary elections on November 11, with analysts saying Iran will be watching closely as it hopes to ...

India on Thursday reaffirmed that its energy decisions will continue to prioritise securing affordable fuel for its 1.4 billion citizens, following the United States' recent sanctions on Russia's top ...

US sanctions targeting Rosneft will not impact the Russian oil giant's German subsidiaries, the German government told AFP Tuesday, downplaying fears their operations could be affected as they were ...