The hype surrounding the historic summit Friday between U.S. President Donald Trump and Russian President Vladimir Putin makes clear that Russia — even under global sanctions — remains a powerhouse in the energy market.

US President Donald Trump said he will hold off on raising tariffs on Chinese goods over the country’s purchases of Russian oil, citing progress he said was made with Vladimir Putin toward ending the war in Ukraine.

Trump has threatened sanctions on Moscow and secondary sanctions on countries that buy its oil if no moves are made to end the war in Ukraine. China and India are the top two buyers of Russian oil. The president last week imposed an additional 25% tariff on Indian goods, citing its continued imports of Russian oil.

The American Energy Alliance began tracking all the actions the Trump administration and Congressional Republicans have taken to unleash American energy. In Trump's first 200 days, the list counts 200 actions.

Oil prices on Thursday looked to recoup their losses from the previous session and then some, as President Donald Trump prepares for what Phil Flynn, senior analyst at the Price Futures Group referred to as a “pivotal encounter” with Russian President Vladmir Putin on Friday in Alaska.

For years, India has balanced close partnerships with both Washington and Moscow, even throughout Ukraine war. Trump is finally demanding it picks a side

The much-anticipated summit between U.S. President Donald Trump and Russian leader Vladimir Putin began with a warm welcome a military flyover but ended with a thud after the two leaders conceded they