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
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oil prices
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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…
Moscow in Syria is to undermine West, not to support Assad, Belarusian experts say
Moscow’s primary goal in Syria is not to support its ally Bashar Assad against all challenges but rather…
Putin selling advanced weapons to Iran to destabilize Middle East and drive up oil prices
Vladimir Putin says his decision to sell S-300 air defense missiles to Iran will stabilize the situation in…
Oil vs. Putin. The price fall continues
The economic sanctions the West imposed on the Russian Federation turned out to be not the only challenge…
Expert: the Russian economy is currently stronger than in the last years of the USSR
Oil prices in the world continue falling. They have fallen to the lowest level in the past four…