Bloomberg: EU sanctions squeeze Rosneft’s Indian refiner — buyers now forced to pay in advance
Nayara Energy imposes financial demands on traders amid rising fears over deal enforcement.
Browsing Tag
Russian oil trade
4 posts
Chinese firms supply critical minerals to Russia’s weapons industry
Despite Western sanctions, at least two dozen Chinese firms are providing Russia with minerals essential for weapons production, with a third of these companies partially owned by the Chinese government
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.''
YLE: Dubai firms own 55 vessels in Russian shadow fleet
A Finnish investigation uncovers an extensive Dubai-based network managing Russian shadow fleet oil and LNG tankers. A single UAE firm owns 24 sanctioned ships.