Energy Markets

Energy Markets
Energy Markets

U.S. Treasury Sanctions Major Russian Oil Companies Amid Ukraine War

Washington Calls on Moscow to Agree to an Immediate Ceasefire as Sanctions Target Russia’s Energy Sector The U.S. Treasury has imposed sanctions on.

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Energy Markets

Trump Sanctions Russian Oil Giants Rosneft and Lukoil: Will Putin’s War Economy Feel the Heat?

New U.S. sanctions target Rosneft and Lukoil to choke off Russia’s oil revenues—but experts say Moscow may still find ways to keep funding.

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Energy Markets

Oil Prices Set for Second Weekly Drop Amid US-China Trade War Tensions

Oil prices edged up on Friday after a steep decline in the previous session, but both Brent and WTI crude are on course.

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Energy Markets

Israel Cuts Power to Gaza, Worsening Water and Humanitarian Crisis

Israel has cut off electricity to Gaza, affecting a desalination plant that provides drinking water to parts of the territory, officials confirmed on.

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Energy Markets

US and UK Impose Harsh Sanctions on Russian Oil Industry to Curb War Funding

The Biden administration has announced some of its most stringent sanctions yet on Russia, targeting the nation’s oil industry in an effort to.

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Energy Markets

Ukrainian Drone Strikes Target Russian Fuel Depot and Energy Infrastructure

Ukrainian drones struck a major Russian fuel depot in the southern Oryol region on Sunday, marking the second attack on the facility within.

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Energy Markets

Russia Supplies North Korea with Oil in Exchange for Military Support

Russia has reportedly supplied North Korea with over a million barrels of oil since March 2024, according to satellite imagery analysis conducted by.

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Energy Markets

Oil Prices Plunge as Israel Eases Off Iran Strike Threat

Oil prices fell sharply on Tuesday as fears of an Israeli strike on Iran’s oil infrastructure eased, coupled with reports suggesting Saudi Arabia.

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Energy Markets

Oil Prices Surge Amid U.S.-Israel Discussions on Iran Strikes

The price of oil has surged by 5% following U.S. President Joe Biden’s statement about discussions regarding potential strikes by Israel on Iran’s.

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Energy Markets

Oil Prices Spike After Iranian Missile Attack on Israel

Oil prices increased by more than 3% on Tuesday following an Iranian missile attack on Israel, causing concerns about rising U.S. gasoline prices..

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