The reversal of policy calmed financial markets but undermined Prime Minister Liz Truss' authority and fueled calls for her to step down from her position.

Ikea has reportedly let go 10,000 of its Russian employees. The retail giant announced record-high annual sales on Thursday, growing 6.5% in stores and online.

Russian President Vladimir Putin claimed he and his war in Ukraine have nothing to do with the energy crisis plaguing Europe as nations brace for winter.

The initial field near Senegal and Mauritania’s coastlines is expected to contain about 15 trillion cubic feet of gas, five times more than what Germany used in all of 2019.

The energy crisis should be treated "almost as a matter of war at this point, nothing short of that," JPMogran Chase CEO Jamie Dimon said on Monday.

Amazon, in order to stay on track to meet it's Climate Pledge, will work with Rivian to triple it's fleet of electric delivery vans in Europe by 2025.

BP is expanding oil production in it's existing fields in the North Sea and the United States to capitalize on soaring prices amidst a global energy crisis.

European Union leaders are struggling to find common ground over capping prices for natural gas as European nations are feeling the heat due to sanctions imposed against Russia.

The U.K. national power operator has warned that citizens should brace for up to three-hour energy blackouts this winter in the 'unlikely' event gas supplies dwindle.

Europe gears up for a long winter after feeling the bite of sanctions imposed against Russia due to Russia's unlawful invasion of Ukraine back in February.

The head of the European Union’s executive arm wants to check key EU infrastructure, after the suspected sabotage of natural-gas pipelines in the Baltic Sea.

The European Union agreed to hit Moscow with another round of sanctions and issue a price cap on Russian oil exports in an attempt to target its war chest.

Providing tax breaks only to US manufactured goods likely violates the World Trad Organization (WTO) rules and is alienating US trade partners and US allies.

Less than one month on the job, some Britons are questioning whether new Prime Minister Liz Truss is up to the task of leading the country through a deepening economic crisis.

Pope Francis met with Apple CEO Timothy Cook at Vatican City on Monday morning for a private sit down during the tech mogul's ongoing tour of Italy.

The U.S. Treasury is working with key European players to target Russia by curbing Moscow's funds for waging war against Ukraine and implementing a two-phase ban on Russian oil exports