The U.S.’s decision was surprising given Trump’s “longstanding focus on bringing down energy prices,” one analyst noted.

The US government jolted energy markets when it sanctioned Russia’s two biggest crude oil producers on Oct. 22. All eyes are ...

President Trump abruptly canceled a second meeting with Russian President Putin in Budapest and instead approved new strong ...

U.S. President Donald Trump has done a turnaround on sanctions against Russia, taking aim at Russia's two biggest oil ...

Oil prices fell on Friday as skepticism crept into the market about the Trump administration's commitment to sanctions on ...

The U.S. Treasury Department sanctioned Rosneft and Lukoil on Wednesday to add greater pressure on Russia to end its Ukraine ...

Brent crude and West Texas Intermediate futures jumped 5% following new U.S. sanctions on Russia's largest oil producers to ...

President Donald Trump imposed sanctions on Russia's largest oil companies Rosneft and Lukoil while canceling his planned ...

Finland’s Foreign Minister Elina Valtonen touted recent sanctions by the US and European Union targeting Russia’s energy ...

After months of restraint, President Trump’s move to blacklist Lukoil and Rosneft will hit Russia where it hurts.