Russia earns $1.5 billion weekly from record oil exports since 2023, while US Senate pauses sanctions bill
Vladimir Putin leveraged upcoming talks with Donald Trump to block US sanctions and secure weapon delivery pauses to Ukraine.
Browsing Tag
oil prices
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Russia’s own forecast shows oil output collapsing by 2030
Moscow’s economic projections reveal that the energy sector can’t recover without Western technology.
Kremlin’s oil revenues drop by nearly 33% — but Trump’s sanctions threaten even more pain
With oil and gas revenues down 27%, the Kremlin braces for fresh US measures targeting not only Moscow but also its energy partners.
Barrels of blood: Israeli strikes on Iran unleash surge of cash for Russia’s war machine
Every dollar from soaring oil prices arms Russian soldiers on Ukraine’s frontline.
ISW: Russia wants to modernize army for long war with Ukraine and possible NATO confrontation
Moscow’s 2027-2036 rearmament program focuses on upgrading air defense, AI integration, and space capabilities.
Middle East nuclear crisis may drown out Ukraine and enrich Russia
Oil prices spike, Western focus drifts — and the Kremlin cashes in.
Israel’s attack on Iran may have revived Moscow’s oil revenues for war
In April, Russia’s Urals crude was priced at just $50, dragging the country far from its budgeted $70 mark. Now, the price has already risen to $65.
Frontline report: Russia faces oil price collapse as OPEC+ hikes production again
With Urals crude at its lowest since 2023, Moscow’s budget faces major damage.
Russia’s oil trade with China and India stalls as largest-ever energy sanctions drive up shipping costs
Russian crude oil trade to China and India grinds to halt as unprecedented sanctions trigger shipping cost surge
Ukraine strikes on Russian oil refiners successfully cripple Russian war machine, experts say
These attacks, which have reduced Russia's oil-refining capacity by 14 percent, push Moscow to rely more on crude oil exports, potentially lowering global oil prices, not raising them.
The Big Oil behind America’s criticism of Ukrainian strikes on Russian refineries
Mykhailo Honchar, a Ukrainian energy analyst, contends that Defense Secretary Austin's warnings against striking Russian refineries reveal the Kremlin's influence on US policy through oil giants like Chevron, which heavily invests in Kazakhstan's oil fields.
Reuters: US treasury officials to visit Europe to discuss Russian oil price cap enforcement
US Treasury representatives are set to hold talks with government officials and business leaders in Brussels and London.
The US and its allies agreed to introduce two price caps for Russian oil products
On Friday, January 20, Deputy Secretary of the US Treasury Wally Adeyemo met with Deputy Ministers representing the…
Price cap on Russian oil can work only if lowered to 35 USD instead of 60 USD – Ukraine’s Economy Minister
The new Price Cap Policy mechanism has significant potential but price restrictions for Russia must be revised downwards,…
G7, Australia join EU in adopting price cap on Russian crude oil
On 2 December, the US Department of Treasury reported that following the agreement by the 27 EU member…
EU agrees on Russian oil price cap of $60 per barrel after fraught talks – NYT
Diplomats from the European Union agreed on Friday to set a top price of $60 per barrel for…
G7 coalition agreed to set fixed price for Russian oil – Reuters
On Nov.3, the G7 and Australia tentatively agreed to set a maximum fixed price for Russian oil at…
Kremlin isn’t panicking over new sanctions the way many are suggesting, Nemets says
Many commentators in Russia and the West are suggesting that Moscow is panicking about the consequences of the…
A new “scissors crisis” in Russia: Oil prices up but GDP down
Over the past year, the editors of Nezavisimaya gazeta point out, the price of oil has risen by…
World oil prices, Russian production both predicted to fall over the next 25 years
Just how disastrous Vladimir Putin’s decision to rely on the export of oil rather than to modernize and…