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LONDON, March 9 — The US ban on Russian oil and gas imports is likely to leave more cargoes at sea with no buyers, and the European Union’s decision to continue imports was unlikely to make much difference to disarray in Russian oil trade,…

Australian drivers will have to pay more than $2 a litre for petrol as long as Russia''s war on Ukraine continues, the NRMA believes.Spokesman Peter Khoury says the price drivers are paying at the bowser is unprecedented.

While speaking to reporters on Tuesday, Sen. Dick Durbin (D-IL) said we should see if Iran and Venezuela “can help those countries that are trying to stop Putin” by boosting the world’s energy supply, and that while doing so is

Ban on Russian oil is likely to further spike prices at the pump, creating a potential political headache for Democrats.

Earlier: Venezuela has released a US hostage That''s gotta be an encouraging sign! Reuters with more info on negotiations: U.S. officials made clear their priority was to secure supplies for the United States, the people told Reuters. The officials told their Venezuelan counterparts that any re

The Ukrainian President welcomed the co-ordinated move from Britain and the US to punish Vladimir Putin.

Kazakhstan is facing economic crisis as the war in Ukraine threatens crude oil exports, which alone account for around 14 percent of GDP and 57 percent of exports. The bulk of these oil exports pass through a pipeline from Kazakhstan’s western oil fields through southern Russia to Russia''s Black Sea oil terminal at Novorossiysk. The pipeline, owned by the Caspian Pipeline Consortium (CPC), can handle around 60 million metric tons a year. (Transneft) At just 200 kilometers from the Ukrainian port of Mariupol, where some of the fiercest fighting…

''Venezuela is not the solution to replacing Russian barrels, Saudi Arabia is not the solution — if Alberta barrels are right next door''

By Marianna Parraga and Matt Spetalnick HOUSTON/WASHINGTON (Reuters) – U.S. officials have demanded Venezuela supply at least a portion of oil exports to the United States as part of any agreement to ease oil trading sanctions on the OPEC member nation, two people close to the matter said. U.S. President Joe Biden on Tuesday banned … Read More

U.S. officials have demanded Venezuela supply at least a portion of oil exports to the United States as part of any agreement to ease oil trading sanctions on the OPEC member nation, two people close to the matter said.

At least one American imprisoned in Venezuela has reportedly been released in what appears to be a sign the Biden administration is making headway in talks for an oil deal to ward off rising gas prices as the United States moves to ban imports of Russian oil.

''Special Report'' All-Star panel reacts to the president''s decision to ban Russian oil.

Canada’s top energy official downplayed the country’s ability to immediately boost oil and gas exports to help ease soaring prices as the world deals with an energy crunch arising from sanctions on Russia.

Media pundits quickly attacked Republicans who would plan to keep blaming President Biden for high gas prices after announcing a ban on Russian oil imports.