An oil terminal near the village of Volna in Russia’s Krasnodar Krai was struck late Wednesday by Ukrainian drones, triggering a major fire that killed at least three people and injured several others...
File photo (Picture credit: AP) Recent political and military developments in Venezuela are unlikely to have any meaningful impact on global crude oil prices in the near term, or on Indian companies, ...
US President Donald Trump on Saturday signed an executive order meant to declare a national emergency and safeguard Venezuelan oil revenue held in US accounts, taking another step to control future sa...
Rescue workers put out a fire at a residential building damaged by a Russian strike in Kyiv, Ukraine (Picture credit: AP) A Ukrainian drone strike triggered a fire at an oil depot in Russia’s southern...
Hosting nearly two dozen of the world’s top oil and gas executives at the White House on Friday, Trump abruptly paused the discussion to stroll over to a window in the East Room, eager to check on the...
A 500% tariff would effectively shut down India’s goods and services exports to the United States. (AI image) Will India face 500% tariffs from the US soon? It’s a question that’s on the mind of every...
US President Donald Trump said Venezuela will use proceeds from a new oil deal to purchase only American-made products, positioning the United States as the country’s principal commercial partner.Trum...
Moscow condemns US seizure of Russian-flagged vessel Russia on Wednesday strongly condemned the seizure of a Russian-flagged oil tanker by US military forces, asserting that Washington had no legal ri...
The United States seized a Russian-flagged oil tanker with links to Venezuela after a more than two-week-long pursuit across the Atlantic. In a post on X, the US European Command said that the Justice...
President Donald Trump said on Tuesday that Venezuela’s interim authorities would transfer between 30 million and 50 million barrels of oil to the United States, with the crude to be sold at market pr...