The measure is eating into Kremlin fossil fuel export profits and exacerbating a ballooning budget deficit amid Russia's war ...

Russia is overhauling how oil companies are taxed, aiming to bolster state revenues by capturing a bigger share of crude ...

Moscow is poised to alter the taxation of Russian oil companies in order to increase state revenues by tapping into crude oil ...

It was a bit more than 6 months ago when the G-7 announced a novel plan to try and cap the price of Russian oil worldwide.

Historically, giant commodity traders such as Switzerland's Vitol, Glencore, and Gunvor as well as Singapore’s Trafigura have ...

Group of Seven Nations are not likely to revise a price cap on Russian oil this week, two European Union officials and one ...

The Biden administration is fending off pressure to lower the Russian oil price cap, insisting that it is achieving its ...

European Union joint price cap is reportedly eating into the Kremlin's budget as Moscow wages its costly war in Ukraine.

Global energy traders Trafigura and Vitol still help to export limited supplies of Russian refined products within the rules ...

The aged vessels are vulnerable to faults like engine failures and pose safety risks to crews and the environment, according ...

At a downtown office block in Mumbai, India, packing tape peels off a black door whose handle appears to have been ripped out ...