The Russian invasion of Ukraine has led to historically high oil prices. Oil prices across the Middle East and the world hit all-time highs again today. The price of Brent crude oil, widely considered the global benchmark for oil prices, briefly traded above $139 a barrel overnight. This was the …

Ankara has adopted a dual approach on the Ukraine crisis through moves both pleasing its NATO allies and positioning Turkey as a lifeline for Russia amid crippling Western sanctions on the country. Diverging from its NATO allies, Turkey has been positioning itself as an alternative platform in the face of …

The embargo on Russian energy supplies comes as negotiators in Vienna appear close to striking a deal that would ease sanctions on Iran’s oil sector. President Joe Biden announced a ban on Russian oil and gas imports into the United States Tuesday as his administration tightens its squeeze on Russia’s …