Canada announced on Aug. 8 that it will join allies in lowering the price cap on Russian oil in response to Russia's ongoing ...

The European Union will implement a new dynamic ceiling on Russian oil prices beginning Sept. 3, as part of its 18th ...

The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures aimed at dealing further blows to the Russian oil and energy industry.

Canada is going to adopt a new price cap on Russian oil at $47.6 per barrel along with the European Union and United Kingdom, ...

India’s purchase of Russian oil has supported US policy objectives by helping stabilise global energy prices, former US ...

An insurance association has urged its members to assess their exposure to Russian oil as the UK and EU prepare to update ...

The move aims to overcome resistance from some EU member states. In June, the Commission had suggested lowering the G7 price cap from $60 to $45 per barrel under its 18th sanctions package against ...

India has said it will continue purchasing crude from Russia, despite Trump’s remarks that it has stop buying Russian oil, clarifying that there’s been no change in its energy policy, says report.

To evade the cap, Moscow built up a "shadow fleet" of tankers that did not obey the price limit to transport its oil. G7 countries then imposed sanctions on some of these ships, making it harder ...

U.S. President Donald Trump is leveraging tariffs and sanctions to discourage China and India from purchasing Russian oil, ...

Trump sets 50% tariffs on India to curb Russian oil imports, aiming to cut Kremlin profits and end Ukraine war.

Donald Trump threatened tariffs on India for buying Russian oil, contradicting US sanctions designed to cap prices without ...