Dubai Oil markets witnessed a significant downturn as Brent crude, the global benchmark, tumbled over 13% in two days, s ...

Serbian oil firm NIS faces difficulties acquiring oil due to impending U.S. sanctions and clients seeking alternatives. As a ...

Serbian oil firm NIS is struggling to buy oil from traders abroad, while at home its former clients are seeking alternative ...

But the company's recent struggles highlight what could come if U.S. sanctions take effect, with President Aleksandar Vucic warning that Serbia could lose access to oil imports. The U.S. Treasury ...

It is crucial to Serbia's energy security as it operates the Balkan country's only oil refinery. The company's struggles highlight what could come if U.S. sanctions take effect, with President ...

NIS supplies around 80% of Serbia's gasoline and diesel, and 90% or more of jet fuel and heavy fuel oil, according to one trader. But the company's recent struggles highlight what could come if U.S.

The bill, introduced by Senators Joni Ernest, a Republican and Richard Blumenthal a Democrat creates a special fund for enforcing sanctions against vessels that sometimes carry crude oil exports ...

WHY IT'S IMPORTANT Russia and Iran have used the shadow fleet to avoid sanctions and send oil to big customers like China and India. If Russian oil is under a $60 per barrel price cap set by ...

WASHINGTON, April 9 (UPI) --The House Foreign Affairs Committee on Wednesday approved a bill that would impose additional sanctions ... issues sanctions on Iranian oil connections On March 30 ...