Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is ...

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

The latest US sanctions on oil tankers used to haul Russian petroleum look set to cause severe disruption across the nation’s ...

A tanker carrying Russian crude discharged at a port operated by Shandong Port Group in east China on Thursday.

Oil price risks are skewed to the upside due to sanctions supply disruptions, said Samantha Dart, co-head of global ...

Oil held near a five-month high as US crude inventories posted their longest run of declines since 2021 amid growing risks to global supplies.

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...

A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...

Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine ...

When Trump ventured a comment about foreign policy, people scoffed. What did he know! But he was right on every major issue.

Oil prices were edging lower, but remain supported by concerns about the effect of U.S. sanctions on Russian flows and a ...