Oil Prices Face Fresh Volatility With New Russia Sanctions, OPEC Decision

The cartel and its allies are due to make a big call on oil production next…

EU Talks on G-7’s Price Cap for Russian Oil Stall but Deal Still Seen Likely

World Differences over price-cap level delay agreement on mechanism intended to crimp Russian oil revenues

Stuffed Stockings, Suffering Stores

The combination of supply-chain snarls and stepped-up demand for goods is beginning to unwind. That could…

U.S. Poised to Grant Chevron License to Pump Oil in Venezuela

The move would come just as Western sanctions on Russia threaten to tighten global supplies.

WSJ News Exclusive | OPEC+ Eyes Output Increase Ahead of Restrictions on Russian Oil

The move could help heal a rift with the Biden administration and keep energy flowing amid…

WSJ News Exclusive | U.S. Presses Allies to Tighten Up Sanctions Enforcement on Russia

Sanctions “leakage” could undermine the pressure campaign and potentially prolong the war, officials say.

China’s Xi Jinping and Russia’s Vladimir Putin Showcase Deepening Ties

Chinese leader Xi Jinping and Russian President Vladimir Putin met in person for the first time…

Protectionism in India Adds New Pressure to Food Prices

India’s rising food-price inflation should worry the world at a time when Russian President Vladimir Putin…

Rio Tinto Forges Deal With China for $2 Billion Iron-Ore Mine

ADELAIDE, Australia—Rio Tinto PLC and China Baowu Steel Group Corp. agreed to develop a $2 billion…

China’s Xi and Russia’s Putin Seek to Counter West in First In-Person Meeting Since Ukraine War Began

The first in-person meeting between Xi Jinping and Vladimir Putin since the start of the Ukraine…