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.
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Russian oil
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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.''
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
Europe must clamp down on Russian oil flows through Türkiye
The Mediterranean country has become the world's 2023 biggest buyer of Russian fossil fuels -- and the #1 player in a EU oil-laundering scheme to bypass anti-Russia sanctions
Russian crude exports from country’s western ports plummet
Russian crude exports from Baltic and Black Sea ports dropped to 1.8 million barrels per day in July, a 19-month low.
Hungary, Slovakia’s request for EU talks on Ukraine’s Lukoil transit ban turned down
The EU has rejected Hungary and Slovakia's request for discussions on Ukraine's Lukoil transit ban, stating the sanctions do not impact oil transit security via the Druzhba pipeline as long as Lukoil is not the oil's formal owner.
How Ukraine’s Lukoil ban threatens Hungary’s cheap Russian oil lifeline
Ukraine's recent sanctions on Russian oil giant Lukoil have sent shockwaves through Central Europe, exposing Hungary's reliance on discounted Russian crude.
Slovakia and Hungary say Ukraine suspended transit of oil from Lukoil
In particular, Slovak oil transportation operator Transpetrol said on Thursday 18 July that deliveries from Lukoil have stopped, but deliveries from other Russian exporters are coming in.
Ukraine attacks a Russian oil refinery in the Rostov region
49 firefighters and 14 pieces of equipment are working to eliminate fire, a local Russian governor said.