Russia is the world’s third-largest oil producer — such a decision won’t be made lightly.

The EU has just unveiled a punitive ban on oil imports from Russia — but the Ukrainian government is unimpressed.

Russia’s aggression has forced Germany to reconsider the notion that trade helps promote democracy.

Experts say the EU should look into further energy sanctions while cold weather is not a pressing concern.

The Chinese government is opposed to sanctions against Russia and says it will continue to trade with it. But that is not easy in practice.

Gas prices have already been on the rise since the Russian invasion of Ukraine. The move is likely to increase prices at the pump even more.

Brent crude rose above $113 a barrel Wednesday — the highest level in eight years.

Oil and gas are key to the Russian economy, yet penalties are focused elsewhere. Could that stance change?

The real action at the oil meeting in Vienna might be in a stairwell.