The UK joined the European Union’s efforts to diminish Russia’s revenues further by lowering the price cap on its crude oil, extending a broader push to pressure the Kremlin for continuing the war in ...

Aggressive sanctions policy from Western powers could be driving dark fleet growth, BRS Shipbrokers argues. The broker said, ...

Greek shipowners’ share in the Russia-linked seaborne oil trade could decline following the introduction of a revised oil ...

Global benchmark Brent crude prices averaged around $67 a barrel during the quarter, against $75 a barrel in the first ...

Over this period, the UK imported a total of £1.1bn of oil products from three refineries in India which used Russian crude ...

New Delhi lambasts US and EU saying ‘very nations criticising India are themselves indulging in trade with Russia’ ...

The cap on Russian oil, currently set at $60 a barrel, will be lowered to $47.60 on September 2, the UK government said.

The West imports Russian gas, crude oil and petroleum products worth billions, which is thrice the amount of aid provided to ...

Fresh sanctions ramp up pressure on Russia's critical oil industry and hit Putin's creaking shadow fleet operation.  UK announces 137 sanctions ...

Oil markets have largely ignored the overtly aggressive production policy of OPEC+, with geopolitical fears keeping Brent hovering around $70.

The FTSE 100 index fell 0.7% on Friday but is expected to show a recovery in today’s session, with futures pointing to a rise ...