US sanctions strand Iran, Russia oil on tankers, driving up crude costs
The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of buyers, leaving fewer tankers available to deliver cargoes and driving up crude costs,
Russia's Sakhalin Island Oil Is Backing Up After US Sanctions
The disruption comes as Russia's wider oil exports have plunged — albeit following an unusually long storm that halted flows from another port in Asia. Only one of eight Sokol s
India Is Building a Sanctions-Proof Supply Chain for Russian Oil
Oil refiners in India — eager to keep importing cheap crude from Russia — are working with merchants, shippers and other middlemen to rebuild supply chains as tougher US sanctions come into effect.
Russian Energy Official Says US Sanctions Should Not Hinder Oil Trade With India
U.S. sanctions on Russia should not affect Moscow's oil trade with India, Pavel Sorokin, Russia's first deputy energy minister, said on Tuesday, adding that it was too early to assess the impact of the latest restrictions.
Russia says US sanctions should not affect oil trade with India
U.S. sanctions on Russia should not affect Moscow's oil trade with India, Pavel Sorokin, Russia's first deputy energy minister, said on Tuesday, while adding it was too early to assess the impact of the latest restrictions.
Russia Faces an Impending Oil Tanker Crisis as Sanctions Pile Up: Oil Strategy
Russia appears to be on the cusp of a debilitating oil-freight transportation problem because of US sanctions, writes Bloomberg oil strategist.
Russia Braces for Oil Output Cuts as Sanctions and Drones Hit
Three years into the war, Russia has withstood wave after wave of sanctions, including the G7 imposing a $60 per barrel price ...
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Russia Claims to Be Fully Compliant with OPEC+ Output Quota
Russia has claimed 100% compliance with its oil production quota under the OPEC+ agreement in January and February.
Syria's interim foreign minister says Russia-Iran ties to Assad are an open wound
Syria’s relations with Iran and Russia remain an open wound for the country’s people after the nations backed autocratic ...
Trump ready to double down on Russian sanctions, US envoy to Ukraine Keith Kellogg says
You could really increase the sanctions — especially the latest sanctions [targeting oil production and exports,]” retired ...
Moscow's oil exports are under pressure as Western sanctions hit Russia's 'shadow fleet'
The "shadow fleet" comprises often aging, uninsured ships that aim to evade sanctions on Russian energy exports.
EU to blacklist 25 more Chinese entities for flouting Russia sanctions
The European Union plans to add another 25 Chinese entities to a blacklist of companies for circumventing sanctions on Russia ...
Russian cybercrime network targeted for sanctions across US, UK and Australia
The U.S., U.K. and Australia have sanctioned a Russian web-hosting services provider and two Russian men who administer the ...
Russia Burns Through Gold Reserves Amid Economic Turmoil
The slump in gold reserves comes amid record-breaking prices for the precious metal. Russians are piling up on what is considered a safe-haven asset in response to high inflation and strict sanctions ...