China and India may seek oil from other regions, while Russia might offer discounts.

Oil prices extended gains for a third session on Monday, with Brent rising above $80 a barrel to its highest in more than ...

Asian markets tumbled Monday after an outsized US jobs report dealt another blow to hopes for more interest rate cuts, while ...

The U.S. Treasury on Friday announced sweeping new sanctions against the Russian energy sector, including oil majors Gazprom ...

China is slated to release its December trade data later in the day, while India is expected to report its inflation figures ...

Hungary plans to hold talks with regional allies to counter the impact of higher oil prices resulting from a new round of US ...

Serbia's president said the country has the money to pay for Gazprom's stake in the Balkan country's only refiner to preserve ...

New US sanctions targeting Russia's oil industry, including Gazprom and the "shadow fleet", have pushed oil prices higher and forced Asian buyers to seek alternative sources.

China and India are set to increase oil imports from the Middle East, Africa, and the Americas following new U.S. sanctions ...

The Russian rouble weakened slightly against the U.S. dollar and China's yuan on Monday, as rising oil prices offset the impact of a new U.S. sanctions package targeting Russia's oil and gas revenue.

Oil prices extended gains on Monday, with Brent crude surpassing $81 per barrel, its highest level in over four months. U.S.