Russia is struggling to fully benefit from the surge in global oil prices from the Middle East war as drone ​attacks on export infrastructure and bad weather curb its oil ‌exports, according to Reuters estimates based on LSEG data and industry sources.

Hungarian Prime Minister Viktor Orbán on Friday raised the prospect of further actions his government could take against Ukraine to force the resumption of Russian oil deliveries that have been stalled to Hungary and Slovakia since January.

Indian refiners had begun reducing Russian oil intake from November-December, analysis data showed.

March 19 (Reuters) - The United States issued a new general license on Thursday to replace an earlier waiver for the sale of Russian-origin crude oil and petroleum products loaded on tankers as of March 12,

The Trump administration is lifting sanctions on Russian oil to counter Iran’s stranglehold on Middle Eastern energy. The U.

Treasury Secretary Scott Bessent said it was “unfortunate” that the move could benefit Russia, but maintained that it was only for the short term.

March 17 (Reuters) - Russia's federal budget proceeds from taxes on oil and gas are expected to drop by 52% in March to 520 billion roubles ($6.4 billion) from the same month in 2025 due to weaker oil prices and a stronger rouble,

Moldova has imposed a 15-day state of alert in the Dniester river basin as a precaution.