Russia, Oil and sanctions

Latest US sanctions on Russia throw global oil trade into disarray
Tightened U.S. sanctions on Moscow have disrupted a roaring trade in discounted Russian oil to China and India, reviving demand for Middle Eastern and African crudes, roiling shipping markets and driving up oil prices.
U.S. Sanctions on Russia’s Crude Create Chaos in Global Oil Trade
The Biden Administration’s farewell sanctions on Russian oil trade were the most aggressive yet and sanctioned dozens of vessels that Russia used to ship the ESPO crude blend from Kozmino to China’s independent refiners.
US Sanctions Strand Iran, Russia Oil on Tankers, Driving up Crude Costs
For Russian oil, tougher sanctions imposed a month ago by the outgoing Biden administration have driven up costs for refiners in China and India, with March ESPO Blend crude traded at $2 to $3 above ICE Brent on a DES basis to China, the highest premiums in more than two years, three trade sources said.
Russia may develop oil sanctions workarounds as global supply rises, IEA says
Russia's oil exports could be sustained if it finds workarounds to the latest U.S. sanctions package, the International Energy Agency (IEA) said on Thursday, as it forecast that growth in global oil supply would outpace demand this year.
Russia prepares to cut oil production due to sanctions and drone attacks, Reuters reports
Russia is facing the threat of a reduction in oil production due to US sanctions and Ukrainian drone attacks. Source: Reuters Details: Reuters noted that the US sanctions have complicated access to tankers supplying oil to Asia,
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 cap on its oil sales. U.S. sanctions have not aimed t
Analysis-Latest US sanctions on Russia throw global oil trade into disarray
Tightened U.S. sanctions on Moscow have disrupted a roaring trade in discounted Russian oil to China and India, reviving demand for Middle Eastern and African crudes, roiling shipping markets and driving up oil prices.
Over 60% of Russian oil tankers halted due to sanctions
The latest US sanctions against Russia’s oil sector have led to the suspension of most Russian tankers. Source: Bloomberg Details: Currently, 94 out of 154 tankers sanctioned under the Biden administration have stopped transporting Russian oil.
Russia drowning in unsold oil as sanctions and Ukrainian strikes hit hard
The sanctions, which targeted Gazprom Neft, Surgutneftegaz, and 180 shadow fleet tankers, have created a surplus of oil in Russia that cannot be exported abroad. The ports of Ust-Luga, Primorsk on the Baltic and Novorossiysk on the Black Sea have seen a 17% drop in January export deliveries,
Middle East Eye6h
Russia flies cash to Syria as West hesitates to lift sanctions
Delivery of printed local currency from Russia and call between Putin and Sharaa suggest warming ties between former foes ...
Kremlin is already building high-level team for direct talks with US on Ukraine, sources say
The Kremlin is assembling a high-level negotiating team to engage in direct talks with the United States to end the war in ...
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UK's Targeted Sanctions: A Crackdown on the Kremlin's Inner Circle
The UK has announced new sanctions targeting individuals linked to Russian President Vladimir Putin's inner circle, marking a ...
Russia wants a lucrative share of the world's lithium market, but it's hitting roadblocks
Russia wants to command 10% of the global lithium market by mining untapped reserves — but its flagship project Polar Lithium ...
Ukraine sanctions ex-president Poroshenko on ‘national security’ grounds
Ukraine imposed sanctions on former president and opposition politician Petro Poroshenko, including an asset freeze and a ban ...
Russia's oil and fuel exports revenues rose in January to $15.8 billion, IEA says
Russia's commercial revenues from sales of crude oil and oil products in January rose by $900 million from December to $15.8 ...
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 ...