WASHINGTON (AP) — President Joe Biden is ordering the release of 1 million barrels of oil per day from the nation’s strategic petroleum reserve for six months, the White House said Thursday, in a bid to control energy prices that have spiked as the U.S. and allies imposed steep sanctions on...

NEW YORK (AP) — Russia is reopening its stock market for limited trading nearly one month after shares plunged and the exchange was shut down following the invasion of Ukraine. There will be heavy restrictions on trading Thursday as the exchange opens to prevent the kind of massive selloff...

TotalEnergies, the French oil and gas company, said on Tuesday that it would stop buying Russian oil by the end of the year and halt further investment in projects in the country. At the same time, the company warned of the risks and potential negative consequences — for itself and Europe...

German Chancellor Olaf Scholz on Tuesday again dismissed calls to boycott Russian energy supplies in the wake of the attack on Ukraine. "Germany's position on this question (of an energy boycott) remains unchanged," Scholz said during a briefing in Berlin alongside European Parliament...