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 ...

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

The United States and Britain on Friday announced sanctions against Russia's energy sector, including oil giant Gazprom Neft, ...

Russian oil company Gazprom Neft, a subsidiary of the energy giant Gazprom, has been given 45 days to divest from its ...

Russia's Foreign Ministry argued the U.S. sanctions represented "an attempt to inflict at least some damage to the Russian ...

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

Following the U.S. sanctions imposed on Gazprom Neft on January 10, the Russian company will have 45 days to exit its ...

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 ...