Biden administration officials say the sanctions are being imposed now because they are not likely to add to inflation

The U.S. Treasury Department is sanctioning Russian oil companies, tankers, officials and executives. Oil prices jumped on worries that crude supplies would face disruptions. Oil prices jumped more than 3% on Friday as the U.

The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil producers and nearly 200 tanker ships.

The Biden administration is cracking down on the Russian “shadow fleet” and taking steps to curb oil and gas production.

President Joe Biden is expected to unveil new sanctions targeting Russia's economy this week, according to a U.S. official, as part of measures to bolster Kyiv's war effort against Moscow before Donald Trump takes office.

Oil prices rallied more than 4% on Friday to reach their highest levels since October as traders focused on potential supply disruptions from more sanctions on Russia. Brent crude futures gained $3.50,

Brussels is reportedly assessing the potential impact of President-elect Donald Trump reversing Biden-era sanctions on Russia.

President-elect Donald Trump should get tough on countries using chemical weapons in breach of agreed international conventions, such as Russia.

The tale of how and why Russia ceded its control over Alaska to the US 150 years ago is actually 2 tales and 2 intertwining histories.

The “pro-peace” president-elect is now threatening to destabilize the global order by using military force to expand America’s borders

Russian-based Fly Drones has been deploying an anti-drone laser system—which could be employed to automatically detect, track, identify, and engage the airborne platforms.

Joe Biden is expected to unveil new sanctions targeting Russia's economy as part of measures to bolster Kyiv's war effort before Donald Trump takes office.