On Dec. 15, the EU sanctioned two rival oil traders it accused of playing a major role in the clandestine Russian energy market. The Trump administration, which has called on the EU to stop all imports of Russian fuel, sanctioned Russia’s two largest oil companies this fall as part of the president’s sped-up effort to end the war in Ukraine.

Russia's pipeline gas exports to Europe sank by 44% in 2025 to their lowest since the mid-1970s, following the closure of the Ukrainian route and as the European Union phases out fossil fuel imports from Russia,

Russia launched a "massive" drone and missile strike on Ukraine overnight into Tuesday morning, Ukrainian President Volodymyr Zelenskyy said.

Despite vows to cut back, Russian hydrocarbons continue flowing to Taiwan, making it Moscow's biggest buyer of the naphta derivative, and raising concerns over energy dependence.

Russia's energy sector is under strain due to revenue decline because of the war, attacks on its shadow fleet of oil tankers, and sanctions.

As 2025 drew to a close, energy relations between Russia and Türkiye have shifted beyond the traditional supplier-consumer framework. They are now positioned at a fragile threshold where geopolitical balancing and commercial pragmatism increasingly intersect.

Russian forces Ukraine’s capital and key energy facilities with a massive airstrike on the eve of talks between Volodymyr Zelenskiy and Donald Trump aimed at nailing down a plan to end Moscow’s war.

Russia carried out a series of overnight air attacks on Kyiv and key energy infrastructure targets as President Volodymyr Zelenskyy warned Ukrainians to prepare for the possibility of Christmas day strikes.

Ukrainian forces say they have hit an oil terminal, a pipeline, two parked jet fighters, and two ships in a series of strikes on Russian soil

A year-end look at the energy stories that will shape 2026—from AI-driven power demand to clean energy, tariffs, and the geopolitics of war.