If Vladimir Putin can get Donald Trump to reopen access to nations Russia used to export oil to, the Russians could flood the global market with crude. This could be good for cash-starved Russian producers but would dent the profits of major US oil firms.

The United States is drawing up a plan to potentially give Russia sanctions relief as President Donald Trump seeks to restore ties with Moscow and stop the war in Ukraine, a U.S. official and another person familiar with the matter told Reuters.

OPEC and its allies face a tricky dilemma: should they start loosening oil production caps even though the crude supply and demand picture is unlikely to improve in the near future? They may well opt to again delay the crucial moment to keep prices steady,

The global energy market needs trilateral discussions between Russia, the US and Saudi Arabia, said President Vladimir Putin.

US President Donald Trump has been urging OPEC’s de-facto leader Saudi Arabia to bring down the price of oil. And Trump’s conversation with his Russian counterpart Vladimir Putin and subsequent bilateral US-Russia talks in Saudi Arabia have raised ...

Vice President JD Vance says a U.S.-Ukraine critical minerals deal is a more practical deterrent against Russia than an international security force for post-war Ukraine proposed by key allies Britain

Vice President Vance starts a public fight that only helps Russia’s dictator.