The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil ...

The Group of Seven democracies have sought to crimp Russia’s oil export earnings that help fund the war against Ukraine.

The Biden administration is cracking down on the Russian “shadow fleet” and taking steps to curb oil and gas production.

U.S. President Joe Biden's administration imposed its broadest package of sanctions so far targeting Russia's oil and gas ...

Oil futures ended sharply higher on Friday, as fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies ...

The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...

The U.S. Departments of Treasury and State Friday applied new sanctions on Russia's oil production and exports. Sanctioned ...

The United States on Friday imposed sweeping sanctions on Russia's energy sector to try to limit funding for Moscow's war in ...

Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since ...

The new sanctions target "Russia's key source of revenue" for funding its war against Ukraine, Treasury Secretary Yellen said.

Shares of energy companies rose as oil futures spiked due to new U.S. sanctions on the Russian oil industry.