Donald Trump announced a 25 percent tariff on countries buying Venezuelan oil—a move that 'ironically' could help Moscow.

Russia's Deputy Prime Minister Alexander Novak said on Wednesday that global oil demand was seen rising by between 1.0 ...

Russia's economy is in turmoil, with fuel prices soaring by 14.6 percent for gasoline and 11.4 percent for diesel since ...

But does it really matter? Russian factories produce nearly 1,000 Shaheds a month, each ranging farther than 900 miles with a ...

Any lifting of sanctions on Russian energy is likely to be slow and patchy, meaning a return of its oil and gas to markets ...

A Russian oil pumping station burned for a week after a drone strike. CPC said oil transfer is halted, impacting its ...

OIL prices gained on Friday (Mar 7) but retreated from session highs after US President Donald Trump threatened sanctions on Russia if it fails to reach a cease-fire with Ukraine. Brent crude futures ...

Hungary has agreed an oil import deal to secure supplies for itself and neighbouring Slovakia via Croatia as part of efforts to replace Russian oil ... of transiting up to 120,000 bpd of oil ...

But in light of America’s domestic drilling challenges and resistance from Saudi Arabia’s oil industry to ramp up production, Russia has emerged as a “lever he can really pull” to bring ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

Ukraine is set to ramp up natural gas imports next season, with its own production capacity hit by Russia’s drones and missiles, potentially adding more pressure to an already tight European market.

Russia is hurting after years of fighting in Ukraine, but its war machine has dangerously ramped up. Taking the pressure off its army could set Moscow up to pick new fights in Europe, current and ...