Oil prices hit a three-month high due to new US sanctions targeting Russian oil tankers and maritime insurance providers, amidst dwindling US crude stockpiles and cold weather.

German authorities have said an oil tanker stuck in German waters belongs to Russia's "shadow fleet" intended to avoid ...

The oil tanker Eventin is believed to be part of Moscow’s efforts to evade sanctions - Greenpeace says it belongs to Russia's ...

German Foreign Minister Annalena Baerbock said a heavily loaded oil tanker that Germany's maritime emergencies agency had to ...

Shares in Russian oil companies have fallen sharply on the Moscow Stock Exchange in anticipation of new sanctions from the ...

Fresh sanctions against the Russian energy sector include two of the largest oil companies. The sanctions also target Russia's "shadow fleet" of oil tankers.

The US Treasury announced on Friday that some of the measures will be turned into a law which would effectively mean that if ...

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

Germany charged that a heavily loaded tanker adrift off its northern coast Friday was part of the "shadow fleet" Moscow uses to avoid sanctions on its oil exports.

The tanker Eventin, which suffered an accident in the Baltic Sea near the German island of Rügen, is being towed east by ...