A quiet oil platform stands in the vast, gray waters of the Caspian Sea. Four Ukrainian long-range drones fly low over the ...

The peripheral, energy-rich areas of Russia are bearing the brunt of the human and economic costs of the Ukraine War.

Ukraine’s military and security forces say long‑range drones struck a Russian offshore oil production platform in the Caspian ...

A view shows a petrol station of the Russian oil producer Gazprom Neft in Moscow on Jan. 13, 2025. A view shows a petrol station of the Russian oil producer Gazprom Neft in Moscow on Jan. 13, 2025.

A Russian drone slammed into an apartment building in eastern Ukraine early Saturday while many were sleeping, killing three people and wounding 12 others, Ukrainian authorities reported. The attack ...

A Ukrainian drone strike on a Russian oil-loading facility near Novorossiysk has disrupted oil exports, impacting both Russia and Kazakhstan. Kazakhstan relies on this route for 80 percent of its oil ...

The Iraqi government says it can no longer work with Russian oil company Lukoil – which has a huge stake in the country’s oil fields – because of recently imposed US sanctions against the company.

A Treasury Department analysis indicates that new U.S. sanctions on Russian oil producers have sent prices there tumbling, choking off a key revenue source that Russia has used to fund its war in ...

Ukraine's deep-strike drone campaign targeting Russia's oil and gas production facilities has already cost its enemy 10 percent of its refining capacity, according to industry experts -- and Kyiv is ...