China and India have suspended purchases of Russian oil after the introduction of new US sanctions, which caused a sharp rise in the cost of tanker...

Oil prices settled lower on Friday but notched their fourth straight weekly gain, as the latest US sanctions on Russian energy trade added to worries...

Oil prices settled lower on Friday but notched their fourth straight weekly gain, as the latest US sanctions on Russian energy trade added to worries...

Diesel prices have hit a five-and-a-half-month high due to reported fears of disruptions to supply Read Full Article at RT.com

Crude oil purchases by Indian Oil Corp. may shift as the new US sanctions on Russia affect supplies from Moscow, pushing the South Asian country’s...

Oil prices edged up on Thursday, held in check by threatened US tariffs on Canadian and Mexican crude imports that could take effect this weekend....

The International Energy Agency had earlier warned that US restrictions could disrupt global supply chains.

The International Energy Agency had earlier warned that US restrictions could disrupt global supply chains Read Full Article at RT.com

Oil prices increased due to U.S. sanctions on Russia, supply concerns, and rising demand expectations, notably from China.

Indian Oil Corp has purchased 7 million barrels of Middle Eastern and African crude oil, including Abu Dhabi's Murban, amid U.S. sanctions on Russian...