US sanctions Russian oil giants, markets volatile
Washington escalates economic warfare with sweeping sanctions against Rosneft and Lukoil, triggering oil price volatility and global supply chain concerns as China trade tensions intensify.
Washington escalates economic warfare with sweeping sanctions against Rosneft and Lukoil, triggering oil price volatility and global supply chain concerns as China trade tensions intensify.
The Trump administration's latest move to sanction Russian oil companies raises critical questions about effectiveness, global energy markets, and geopolitical strategy in a divided world.
In a landmark move, Western allies plan to use seized Russian funds to purchase advanced Gripen fighter jets for Ukraine, significantly enhancing its air defence capabilities against ongoing aggression.
A massive fire erupts on a Pemex oil platform in the Gulf of Mexico, triggering emergency evacuations and raising serious safety concerns about Mexico's state energy infrastructure.
Brazil's state oil giant Petrobras has dramatically halted controversial drilling plans near the Amazon River mouth, marking a significant victory for environmental campaigners ahead of COP30 climate talks.
India continues purchasing Russian oil at record levels, ignoring pressure from Donald Trump and Western allies while securing major economic benefits for its growing economy.
European leaders are on the verge of a groundbreaking agreement to use billions in frozen Russian state assets to fund Ukraine's military and reconstruction efforts, with legal concerns now overcome.
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Indian officials have directly contradicted Donald Trump's assertion that New Delhi agreed to stop purchasing Russian oil, creating fresh uncertainty about global energy markets and US-India relations.
Labour leader Sir Keir Starmer commits to using frozen Russian state assets to fund Ukraine's reconstruction if elected, during crucial talks with President Zelensky at Labour conference.
Keir Starmer faces mounting criticism over Labour's controversial North Sea oil and gas policy as industry leaders warn of economic devastation and Nigel Farage positions Reform UK as energy industry defenders.
Keir Starmer's controversial energy reforms spark industry fury and political battle over North Sea future, jobs and energy security.
Former President Donald Trump's administration is pushing forward with controversial plans to auction over 73 million acres for oil and gas drilling in the Gulf of Mexico, drawing immediate backlash from environmental groups and setting up a major politic
In a dramatic enforcement of EU sanctions, French officials have impounded the Boracay tanker carrying Russian oil products near Cherbourg. The vessel, linked to a sanctioned Russian oligarch, highlights Europe's tightening grip on Moscow's energy exports
Global oil markets face significant turbulence as prices head for their steepest weekly decline since June, with OPEC+ production cuts failing to offset weakening demand and economic concerns.
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In a stunning covert operation, French special forces have boarded and seized two Russian oil tankers suspected of smuggling sanctioned crude, marking a dramatic escalation in Western efforts to enforce oil price caps.
The Prax Lindsey oil refinery announces devastating job cuts affecting 140 workers, raising concerns about the UK's energy sector stability and local economic impact in North Lincolnshire.
A bombshell geological study reveals that complex rock formations beneath the North Sea could prevent the UK from extracting up to half its remaining oil and gas reserves, dealing a major blow to energy security plans.
UK Chancellor Rachel Reeves announces bold plan to use frozen Russian assets for Ukraine's rebuilding efforts, aligning with G7 allies and signalling a tougher stance on Kremlin-linked wealth.
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The European Union unveils its most aggressive sanctions package yet, directly targeting Russia's critical oil and gas sectors. The move aims to cripple Putin's ability to fund the ongoing war in Ukraine, marking a significant escalation in the West's eco
The US Treasury imposes major sanctions on a UAE shipping firm and 18 vessels for allegedly flouting the G7's price cap on Russian oil, escalating efforts to curb Moscow's war funding.
Exclusive: Former President Donald Trump declares he will impose severe sanctions on Russia if NATO member states refuse to halt purchases of Russian oil, signalling a major shift in US foreign policy approach.
A major investigation reveals a clandestine fleet of over 600 tankers is operating in the Baltic Sea, using opaque ownership and dubious insurance to transport Russian oil, raising serious environmental and security risks for the region.
The UK government announces a new wave of sanctions aimed at crippling Russia's war economy, banning imports of Russian metals and targeting the lucrative diamond industry in coordination with G7 allies.
The UK government has announced its largest-ever single package of sanctions, targeting Russia's shadow fleet of oil tankers and key financial institutions in a major blow to Putin's war funding.
Explosive new report reveals the staggering economic value of North Sea oil versus climate targets. Discover the fierce political battle raging over the UK's energy future.
Sir Keir Starmer's net zero ambitions threaten to turn Aberdeen from a booming energy hub into a 'doom town', with massive job losses and economic decline feared as North Sea oil faces the axe.
Former US President Donald Trump's advisors issue a stark warning to India, threatening tariffs if Narendra Modi's government continues purchasing Russian oil, potentially straining US-India relations.