Focus on Oil
Dozens of oil tankers drop anchor after latest US sanctions bite
US sanctions on Russian oil spark a halt in tanker trade, with 65 vessels anchored near China, Russia, and Singapore.
US Supreme Court rejects bid by oil companies to toss Honolulu’s climate suit
US Supreme Court rejects oil firms' appeal to dismiss Honolulu's climate lawsuit accusing them of decades-long deception.
Russia faces higher costs on sea-borne oil exports due to new US sanctions
US sanctions targeting Russia's shadow fleet and oil trade complicate Moscow's exports, raising global oil prices by six per cent.
Trump’s energy agenda: More drilling, less renewables, and a second exit from the Paris Agreement
Trump plans to expand drilling, halt offshore wind projects, boost gas exports, and re-exit the Paris Agreement.
US oil refiners brace for a tough year as investor sentiment turns negative
Investors are souring on the U.S. oil refining sector, citing forecasts for softer fuel demand and worries that Trump may slap tariffs on...
Russian rouble slips as oil price and forex action limit sanctions impact
Rouble weakens as U.S. sanctions target Russian oil firms, while rising oil prices and yuan forex sales offer support.
Oil hits more than 3-month high as US sanctions hit Russia exports
By Scott DiSavino NEW YORK (Reuters) – Oil prices climbed about 2% to a four-month high on Monday on expectations that wider U.S....
Hungary plans talks with allies to combat higher oil prices after new US sanctions on Russia
Hungary will talk with allies to address higher oil prices due to new US sanctions on Russia's energy sector.
