Oil and gas revenue is expected to account for around 27% of Russia's federal revenue in 2025, according to a draft budget ...

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

The Treasury Department on Friday proposed long-awaited guidance for the new  biofuel tax credit known as 45Z, appearing to ...

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

Germany charged that a heavily loaded tanker adrift off its northern coast Friday was part of the "shadow fleet" Moscow uses ...

On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...

U.S. stock futures leaned lower Friday on concern over possible export restrictions on Nvidia, ahead of key data on the jobs ...

Salvatore Bonaccorso, 64, who has been mayor for more than two decades, pleaded guilty to conspiring to commit official ...

German authorities told Newsweek that a towing connection to the ship had been established, and that the 24-strong crew was safe.

Israel’s army has confirmed that one of the bodies recovered from Gaza earlier this week was that of 23-year-old hostage ...

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

Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the ...