Many Indian refiners have paused new orders for Russian oil since U.S. sanctions last week on Moscow's top two crude exporters as they await clarity from the government and suppliers, with some turning to the spot market for alternatives,

Moscow’s forces infiltrated Pokrovsk after months of attacks on the city, a strategic part of Ukraine’s eastern defenses.

U.S. Treasury Secretary Scott Bessent announces new sanctions against Russia will be coming on FOX Business Network's "Kudlow." "These are sanctions, not secondary tariffs," Bessent told host Larry Kudlow.

As Zelenskyy lauds Europe and the U.S. for ramping up economic pressure on Putin over the war in Ukraine, Moscow dismisses them as a counterproductive "act of war."

Ukrainian President Volodymyr Zelenskiy hailed "very important" new U.S. and European Union energy sanctions on Russia on Thursday, but said more pressure would be needed on Moscow to secure a ceasefire in the war.

Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia’s oil industry in an attempt to get Russian President Vladimir Putin to the negotiating table and end Moscow’s brutal war on Ukraine.