As 2025 began, Ukraine significantly ramped up its strikes on Russian oil refineries. This comes at a particularly ...

The U.S. Treasury said on Thursday it is imposing sanctions on individuals and tankers helping to ship millions of barrels of Iranian crude oil per year to China.

President Donald Trump’s recent decision to reinstate a goal from his first presidency to bring Iran’s oil exports to zero has had little impact on crude prices so far.

South Korea’s assessment comes as Ukraine’s stout defence takes a growing toll for every square kilometre Russia seizes.

The Russians are making a heroic effort—and making progress. They crossed the river and seized the village of Novomlynsk, ...