In the run-up to his departure from the White House, President Joe Biden has slapped a number of major new sanctions on ...

The cost of transporting Russian oil through the "shadow fleet" has tripled following the latest American sanctions package, ...

Scott Bessent, Donald Trump’s nominee for Treasury secretary said he supports dialling up the sanctions on the Russian oil ...

Oil prices fell on Thursday with Yemen's Houthi militia expected to halt attacks on ships in the Red Sea, and investors ...