Russian oil Archives - Euromaidan Press

russian shadow fleet's eagle s remains under arrest damage claims mount tanker off porvoo 30 2024 finnish authorities have issued dual orders over suspected involvement damaging undersea infrastructure helsinki maritime

3 minute read

Latest news Ukraine

Politico: Europe moves to squeeze Russia’s shadow fleet as Finland shows how it’s done

The seizure of the Eagle S by Finnish authorities, a Russian oil tanker suspected of damaging vital subsea cables in the Baltic Sea, might trigger a shift in EU strategy.

byYevheniia Martyniuk

Bloomberg: Russian oil falls below $60 as budget set at $69

2 minute read

Latest news Ukraine

Russian oil falls below $ 60 as budget set at $ 69

The Kremlin’s war spending in Ukraine relies heavily on revenue from Urals crude, but US sanctions have disrupted the market.

byYevheniia Martyniuk

finland's valtonen opposes finlandization solution ukraine peace finnish foreign minister elina

2 minute read

Latest news Ukraine

Telegraph: Finnish foreign minister says Russia’s economy shows “serious cracks,” urges to strengthen economic sanctions

Economic forecasts show Russian GDP dropping to under 1% in 2025 from 3% currently, while the central bank has pushed interest rates to 21% amid mounting pressure from international sanctions.

byVira Kravchuk

bloomberg oil flows halt russia's ust-luga baltic port following reported attack sea leningrad oblast facebook/portustluga port-ust-luga-632x356 through major export terminal have apparently stopped what ukraine claims successful drone strike critical

2 minute read

Latest news Ukraine

Bloomberg: Oil flows halt at Russia’s Ust-Luga Baltic port following reported attack

A major Russian oil export facility suspended operations after Ukraine reported attacking its supporting pipeline infrastructure.

byYuri Zoria

A Sovcomflot oil tanker. Russia's state-owned shipping company operates vessels that are part of the estimated 600-strong “shadow fleet” used to transport oil. Photo: Sovcomflot

3 minute read

Latest news Ukraine

iStories: New US sanctions affected vessels that transported a fifth of Russia’s oil exports in 2024

India has stated it will not reduce its purchases of Russian oil, while China has yet to comment on the new sanctions.

byBenjamin Looijen

2 minute read

Latest news Ukraine

Zelenskyy insists Ukraine must be central to any Russia peace talks

Ukraine's President wants Ukraine - as a future EU member - the US, EU, and Russia at the peace talks table.

byYuri Zoria

Bloomberg: Three tankers with 2M barrels of Russian oil stranded off China as US sanctions bite

1 minute read

Latest news Ukraine

Bloomberg: Three tankers with 2M barrels of Russian oil stranded off China as US sanctions bite

Shandong Port Group's terminals are turning away Russian oil shipments after US Treasury sanctions targeted 183 tankers.

byYevheniia Martyniuk

A Russian oil tanker, illustrative image. Photo via Wikimedia.

2 minute read

Latest news Ukraine

Reuters: Tougher US sanctions to curb Russian oil supply to China and India

Sources note that these sanctions will significantly reduce the fleet of ships available to deliver crude from Russia, with one source noting: ''it's going to drop off a cliff.''

byBenjamin Looijen

3 minute read

Latest news Ukraine

US, UK block Russia’s oil giants in largest-ever energy sanctions package, target shadow fleet

US Department of the Treasury and United Kingdom jointly targeted Russian Gazprom Neft and Surgutneftegas, marking the most comprehensive action yet against Russia's ability to profit from energy exports that fund its aggression in Ukraine.

byVira Kravchuk

2 minute read

Latest news Ukraine

Ukrainian opposition introduces bill to ban Russian oil transit

European Solidarity registered a draft law in the Parliament to terminate Russian oil transit through Ukraine, targeting revenue sources funding military operations.

byYuri Zoria

2 minute read

Latest news Ukraine

Reuters: US plans new sanctions on Russia’s “shadow fleet”

Washington prepares comprehensive sanctions targeting vessels and networks involved in circumventing price restrictions on Russian petroleum exports.

byYuri Zoria

The White House in Washington DC, illustrative image: Wikimedia Commons.

3 minute read

Latest news Ukraine

Bloomberg: US considers new Russia oil sanctions to weaken Putin ahead of Trump presidency

The White House is weighing new sanctions targeting Moscow's vital oil trade, despite longstanding concerns about global energy market disruption.

byBenjamin Looijen

6 minute read

International

EU Parliament demands crackdown on Russia’s shadow tanker fleet

"This transport is killing the reach of the sanctions against Russia and finances the war against Ukraine. Every ship that goes through means more suffering for the Ukrainian people," a leading MEP told

byAlya Shandra

investigation reveals insurers russia's oil tanker shadow fleet aulis passing danish island agersø 1 august 2024

2 minute read

Latest news Ukraine

Report: Russia hiding oil sales from OPEC to fund war in Ukraine

Ukrainian researchers allege Russia’s systematic deception of OPEC, with hidden oil sales exceeding quotas, reportedly generating $60 billion annually.

byYuri Zoria

3 minute read

Latest news Ukraine

Politico: Marine life at risk worldwide as Russia’s shadow fleet spills oil, bypassing sanctions

Despite Western efforts to curb Moscow's oil revenues through sanctions, Russia continues transporting oil worldwide using "shadow fleet," aging tankers operating outside international regulations, which were detected spilling oil in waters and threatening the environment.

byVira Kravchuk

7 minute read

Analysis

Russia’s Arctic fossil fuel boom fuels Ukraine war and climate crisis

Moscow's reckless exploitation of Arctic reserves threatens global climate targets while bankrolling its invasion of Ukraine. Yet China's growing involvement complicates Western efforts to curtail Russia's destructive expansion in the region.

byOleh Savytskyi

2 minute read

Latest news Ukraine

Exports of Russian oil via shadow fleet nearly doubled in past year

Russia has spent over $10 billion since 2022 on vessels to bypass Western sanctions, a new study finds.

byMaria Tril

czechia spends five times more russian energy than ukraine aid report reveals druzhba pipeline map aspeniaonlineit druzhba-pipeline-map

2 minute read

Latest news Ukraine

Czechia spends five times more on Russian energy than Ukraine aid, report reveals

The country's reliance on Russian oil increased to 60% in 2023 before dropping slightly in 2024.

byYuri Zoria

2 minute read

Latest news Ukraine

Czech Republic spends over $8 billion on Russian oil and gas

Analysts argue that the Czech Republic has alternatives to Russian oil, despite the country's continued reliance on Moscow's exports.

byMaria Tril

2 minute read

Latest news Ukraine

EU Commission President Ursula von der Leyen: Not all EU countries have abandoned Russian fossil fuels since 2022

In a recent statement, European Commission President Ursula von der Leyen underscored the EU's substantial progress in decreasing dependence on Russian energy, highlighting a 90% drop in oil imports.

byOlena Mukhina