The Russian government relies mainly on profits from the export of raw materials, particularly oil, making sanctions against ...
Oil and gas revenue is expected to account for around 27% of Russia's federal revenue in 2025, according to a draft budget ...
Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since ...
These measures have halted crude oil deliveries to Asian buyers, leading to logistical challenges and growing stockpiles, ...
China and India may seek oil from other regions, while Russia might offer discounts.
Russian Foreign Minister Sergei Lavrov said on Tuesday that Moscow was in contact with its "Serbian friends" about the fate ...
REFINERS, tanker operators, traders and port executives across Asia were scrambling on Monday (Jan 13) to manage the fallout ...