Trump readies tougher oil sanctions against Russia, Iran
Scott Bessent, Donald Trump’s nominee for Treasury secretary said he supports dialling up the sanctions on the Russian oil ...
Bessent Says He Would Support Sanctioning Russian Oil Majors
Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, said he would support dialing up sanctions on ...
The National Law Review1h
Biden Administration Issues Sweeping Salvo of Sanctions Against the Russian Energy Sector
On January 10, 2025, in a final action to, among other things, deter Russian aggression on the international stage, the US ...
The Definitive Guide to Where the US Has Squeezed Russia’s Oil Flows the Hardest
The latest US sanctions on oil tankers used to haul Russian petroleum look set to cause severe disruption across the nation’s ...
Kyiv Post4h
Fire Halts Diesel Production at One of Russia’s Largest Lukoil Refineries
The refinery, among Russia’s top 10 by production, processes 13.7 million tons of oil annually. The shutdown has cut its diesel production by half – roughly 10,000 tons per day.
U.S. sanctions on Russia hit oil freight rates
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels, largely ...
LPG exports by Russia's Sibur via Ust-Luga fell 37% in 2024, data shows
Sibur, Russia's largest liquefied petroleum gas (LPG) producer, cut exports through the Baltic Sea port of Ust-Luga, its main ...
Tanker under US sanctions discharges oil at Chinese port, LSEG data shows
A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...
Ukraine-Russia war latest: Putin’s forces launch drone attack on Kyiv as Starmer visits to sign ‘100-year deal’
Sir Keir Starmer is set to also discuss deploying soldiers to Ukraine with Volodymyr Zelensky during a surprise visit to Kyiv on Thursday ...
Cost to Ship Russian ESPO Oil to China Triples After Sanctions
The cost of shipping Russian ESPO crude to China has more than tripled after the US imposed aggressive sanctions on Moscow’s oil industry last week, with rates expected to climb even higher, according ...
Oil retreats slightly after boost from U.S. crude draw, Russian sanctions
Brent crude futures were down 37 cents to $81.66 per barrel by 1042 GMT, while U.S. West Texas Intermediate crude futures ...