U.S. President Donald Trump unexpectedly shortened his deadline for hitting Russia with the most severe sanctions on its oil ...

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

The European Union approved on Friday the 18th package of sanctions against Russia over the conflict in Ukraine, which also ...

Oil sanctions have failed to deliver results with Iran and Russia. It would be a mistake to try them with China.

Iran’s Oil Minister Mohsen Paknejad says the country has been planning for a potential scenario in which the United Nations ...

Oil prices dipped slightly on Monday, with the latest European sanctions on Russian oil expected to have minimal impact on ...

Iran’s oil exports would remain almost unscathed if a series of old UN sanctions are reimposed on the country, according to a ...

EU sanctions, Iran talks, and U.S. tariffs pressure crude oil futures, with WTI holding key support. Read the full oil ...

Sanctions targeting oil are often ineffective at changing governmental policy and often impose additional costs on companies and consumers.