The European Union's latest effort to restrict Russia's oil revenue is unlikely to hurt Moscow's war effort severely, leaving ...

Oil prices settled slightly lower on Monday as the latest European sanctions on Russian oil were expected to have minimal ...

SINGAPORE (Reuters) -Oil prices barely budged on Monday as traders eyed the impact of new European sanctions on Russian oil ...

The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures ...

BRUSSELS — The European Union and Britain on Friday ramped up pressure on Russia over its war on Ukraine , targeting Moscow’s ...

BRUSSELS -- The European Union approved on Friday a new raft of sanctions against Russia over its war on Ukraine, including a ...

Last week, the European Union agreed on its 18th package of sanctions against Russia, which included a ban on the import of refined oil products derived from Russian crude. Whether this bolsters calls ...

These measures are set to isolate Nayara from the European distillate market within a transition period of a few months.

Without stronger enforcement, including naval oversight and EU unity, sanctions risk being symbolic rather than impactful.

EU sanctions on Russian crude, Iran nuclear talks, and U.S. tariffs may impact oil market dynamics and prices.

While the Kremlin has downplayed the impact of Western sanctions, claiming a degree of “immunity,” analysts have expressed ...

Increased sanctions are not a panacea. But they can put meaningful pressure on Putin and Russia to begin taking peace ...