Indian imports of Russian oil hit a record 1.2 million barrels a day in December, and 1.3 million barrels a day in the first ...

G-7 officials have agreed to review the level of the price cap on exports of Russian oil in March, later than originally ...

The price caps would coincide the EU's upcoming ban on refined oil products from Russian that will take effect on February 5.

The European Commission is proposing that the EU set a $100 per barrel price cap on premium Russian oil products like diesel ...

Russia's war in Ukraine is hitting Africans particularly hard by exacerbating food insecurity and putting an unnecessary drag ...

European Union countries have agreed to put a cap on Russian oil prices of $60 per barrel, bringing an end to days of arguments over how hard to hit Vladimir Putin's fossil fuel revenues. According to ...

Ukrainian President Volodymyr Zelenskyy said the decision to impose a $60 price cap on Russian seaborne oil can’t be called “a serious decision” as that level is “quite comfortable” for Russia's ...

The Biden administration is inclined to oppose any move to lower the price cap on exports of Russian crude oil, despite a ...

It’s time to review the price cap on Russian crude oil, Ukraine’s foreign minister said on Thursday because the current ...

The Group of Seven countries, Australia and the European Union will extend sanctions on Russia for its war in Ukraine by ...