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"Based on the administration's apparent hesitancy to target Russia through trade sanctions, I do not see the Russian oil tariff threat as particularly effective," Paner said.
Saudi Arabia became the top buyer of Russian seaborne fuel oil in June as summer heat increased energy demand, despite pressure over Russia's war in Ukraine.
US President Donald Trump is trying again to end the war in Ukraine – not by targeting Russia, but by hitting the countries that buy Russia’s oil.
The ORLEN Group said it has ceased all deliveries of Russian crude in its supply chain. The Polish energy company said all of its refineries have been supplied with non-Russian oil since March ...
Several of the Jesuit baseball players in the dugout when the prep season began in February are still playing games together — now in the second week of July.
At least four oil tankers have been involved in explosions since early 2025 that investigators believe were caused by limpet mines.
Russian gas accounted for about 19% of EU imports last year, down from roughly 45% before Moscow’s invasion of Ukraine and oil imports have declined to 3% from 27% in early 2022.
EU proposes lower price cap on Russian oil amid push for energy independence The 27-nation bloc is struggling to meet a self-imposed deadline to cut Russian imports: Coal purchases are now nearly ...
A Russian oil company said it had awarded a total of 15 million rubles (around $195,000) to Russian soldiers who it credited with downing the first US-made F-16 fighter jet in Ukraine.
China is increasing its imports of Arctic Russian crude oil, facilitated by ship-to-ship (STS) transfers to non-sanctioned vessels off Malaysia and Singapore.
The European Commission is expected to vote on a "comprehensive" strategy to cut off Russian oil and gas imports three years after the start of its war on Ukraine.
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