Russia, the world's second largest oil exporter, is weighing how to respond to U.S. sanctions on top oil firms Rosneft and Lukoil and the prospect of lower sales to its biggest buyer, India.

A dispute between rival traders is causing trouble for the oil business that Moscow built to keep the pumps working following Western sanctions over the invasion of Ukraine

The plant is Russia's fourth-largest oil refinery and processed 13.1 million tons of oil last year, according to Russian estimates.

The European Union has agreed on a new raft of sanctions against Russia targeting its shadow fleet of oil tankers and banning imports of its liquefied natural gas

Along with parallel EU measures, the new US sanctions against Russia’s two biggest oil companies are some of the most consequential since the start of Russia’s invasion of Ukraine. Whether they will affect the Kremlin’s war aims is an open question.

The U.S. and other western countries have issued sanctions on Russian oil exports since 2022. The Planet Money team explains how the country's shadow fleet of aging oil tankers evades policing.

Kyiv is launching air raids deep into Russia with a small number of drones seeking to find holes in Putin's air defences

Get the latest news and live updates as the government shutdown continues, Trump sanctions Russia in a push for a ceasefire in Ukraine and Rubio heads to Israel amid Gaza truce.