Western efforts to strangle the Kremlin’s war machine have been systematically undermined by European nations’ desire to continue buying Russian oil and natural gas. The United States and its allies are finally coming to terms with the tragic reality ...

The US is preparing a fresh round of sanctions on Russia’s energy sector to increase the pressure on Moscow should President Vladimir Putin reject a peace agreement with Ukraine, according to people familiar with the matter. The US is considering options ...

The strikes happened just hours before Donald Trump is set to return to the White House, amid signs he will use oil sanctions to strong-arm Vladimir Putin to agree to peace in the war.

Treasury Secretary Scott Bessent was confronted while having dinner Wednesday night in Washington, D.C., by protesters who accused him of economic war crimes over sanctions enacted by the Trump administration. Bessent was dining at Reveler’s Hour when ...

The largest oil companies are likely to move slower in terms of making investments in Venezuela, with wildcatters or independent oil companies likely to move much more quickly, U.S. Treasury Secretary Scott Bessent said on Thursday.

The Ukraine–Russia border lies more than 1,700 miles from Armenia’s capital. So why should it matter to Armenians? While global media has focused largely on Russia’s occupation of Ukrainian territory,