Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which ...

The European Union has agreed to prolong for 6 months a raft of sanctions aimed at depriving Russia of funds to finance its ...

European Union foreign policy chief Kaja Kallas said she expected the bloc to renew its sanctions on Russia on Monday after ...

The European Union renewed its wide-ranging sanctions on Russia on Monday for another six months after Hungary stopped ...

Sanctions targeting Russia's economy are renewed by the EU, with Hungary backing down from a veto that delayed the decision.

Hungary has stopped delaying the renewal of European sanctions on Moscow, which may have detrimental consequences on its relationship with Russia.

As the EU agrees to extend sanctions on Russia by another six months, the Russian Defence Ministry has said its forces ...

Oil prices edged up on Monday, with traders still on edge despite the U.S. pulling back from initial sanctions threats ...

Russia's overall crude oil exports fell in 2024 despite increased shipments to China as Western sanctions forced a shift in ...

French Minister for Europe and Foreign Affairs Jean-Noel Barrot says Putin's regime has already fallen about EUR 400 billion ...

The EU will be able to renew its sectoral sanctions against Russia after Hungary abandoned its veto threat, which it had ...

Poland's president has said that gas flows from Russia to Western Europe should never be restored, even if Russia and Ukraine ...