The U.S. Treasury Department on Friday extended its pause on sanctions on Russian oil shipments to ease shortages from the ...

The United States has again temporarily eased sanctions on Russian oil, issuing a new waiver that allows certain shipments ...

The US administration does not plan to extend exemptions from sanctions on Russian oil, US Treasury Secretary Scott Bessent ...

Oil prices have since surged, squeezing countries and especially those dependent on energy exports from the region.

The Trump administration made the announcement hours after Iran said that the Strait of Hormuz was open to commercial ships.

The US government on Friday renewed a waiver that allowed countries, including India, to purchase Russian oil for 30 days ...

The United States did not extend a sanctions exemption that had allowed the sale of some Russian oil, stepping back from a ...

The U.S. is temporarily easing some sanctions on Russian oil shipments, reflecting global concerns over sharply higher crude ...

The move was met Friday with dismay in Europe, where officials and experts feared it would aid the Russian war machine in ...

“India is an essential partner of the United States, and we fully anticipate that New Delhi will ramp up purchases of US oil.

A group of Democratic senators in the US Congress has urged the administration of US President Donald Trump not to extend the ...

The Donald Trump administration has issued a temporary authorization for countries to purchase Russian oil currently “stranded at sea,” a move designed to stabilize global energy markets as tensions ...