The United States has temporarily lifted some restrictions on Lukoil-branded fuel stations operating outside Russia, allowing them to continue running despite sanctions placed on the parent company. The treasury department confirmed on Thursday that these stations — including those in the US — can keep serving customers without enabling revenue to move back to Russia,

The bipartisan sanctions bill against Russia has hit another roadblock, as some Democrats are working to remove a presidential waiver and block the president from being granted sweeping powers on

IPI Partners, LLC, a Chicago-based private equity firm that specializes in buying, developing and operating data centers, will pay $11.5 million to settle its civil liability for 51 “apparent violations” of US sanctions against Russia,

The Trump administration on Thursday allowed transactions with Lukoil gas stations outside of Russia with a narrow waiver to sanctions the U.S. imposed in October for the role the company's revenues play in supporting Moscow's war in Ukraine.

China has accepted the first sanctioned LNG shipment from Russia's Portovaya plant on a US-blacklisted vessel, signaling an intensification of their energy trade despite Western sanctions.

WASHINGTON — U.S. Treasury Secretary Scott Bessent announced new sanctions Wednesday against Russia's two biggest oil companies and blasted Moscow's refusal to end its "senseless war." The sanctions against Rosneft and Lukoil, as well as dozens of ...

(CNN) — The Trump administration on Wednesday imposed sanctions on Russia’s two largest oil companies as it called on Moscow to agree to an immediate ceasefire in the war with Ukraine. President Donald Trump had for weeks signaled he could impose ...