These measures are set to isolate Nayara from the European distillate market within a transition period of a few months.

Republican leaders said they were ready to vote as soon as this month on punishing penalties against Moscow but have paused ...

Geoeconomics, defined as the use of economic instruments to achieve geopolitical goals, become a central element of states' ...

Global shipping firms and petroleum traders are reportedly avoiding Nayara Energy, an Indian refiner, following recent EU ...

Vasily Astrov, expert on the Russian economy at the Vienna Institute for International Economic Studies, told Newsweek that ...

Increased sanctions are not a panacea. But they can put meaningful pressure on Putin and Russia to begin taking peace ...

Unilateral and economic sanctions imposed by the US and the European Union lead to a substantial increase in mortality that ...

Energy experts believe crude oil prices would not rise beyond $70- $72 per barrel despite the latest European Union sanctions ...

U.S. Energy Secretary Chris Wright said on Fox News on Tuesday that sanctioning Russian oil to end the Ukraine war is a "very ...

Without stronger enforcement, including naval oversight and EU unity, sanctions risk being symbolic rather than impactful.