Explosions rock major Russian oil refinery in Ufa used for military fuel supplies
Bashneft oil refinery complex in Ufa is among Russia's top five oil refining centers.
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Russian war funding
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Ukrainian drones hit strategic Russian seaport and oil refinery used for military operations
Drones struck Tuapse's oil refinery overnight, damaging the processing unit and causing a crude oil spill, while a separate strike targeted the city's port that hosts Russian military vessels.
EU pays Russia more for fossil fuels than it gives Ukraine in aid, report finds
Despite public declarations of support for Ukraine, most major European powers commit minimal percentages of their economies to aid, while simultaneously purchasing Russian fossil fuels worth €3.2 billion more than their financial assistance to Kyiv in 2024, helping Russia to fund its war against Ukraine.
Ukrainian drones strike major Russian oil refinery for third time since 2025 [updated]
The Ryazan oil refinery is a major producer of aviation fuel for Russia's frontline and strategic aircraft used for strikes against Ukraine.
“Ethical line is very thin”: Western firms pocket $ 6 billion selling old tankers to Russia’s shadow fleet despite sanctions
Aging tankers doubled in value as Russian buyers sought vessels to circumvent oil sanctions and maintain their source of revenue to fund the war against Ukraine. Greek shipowners dominated these sales, followed by British and German owners.
Frontline report: Ukraine’s drone strikes cripple 25 Russian oil sites only in January, significantly cutting Russia’s war revenues
Systematic Ukrainian deep strikes on Russia's largest oil facilities reveal a vulnerable energy giant whose air defenses struggle to protect its most vital economic assets
“Russian gas costs sovereignty, US LNG only money”: Zelenskyy responds to Fico’s “enemy” claims
"Our enemy is Zelenskyy. Zelenskyy caused the problems we have. I don't like him because he harms Slovakia," claimed Slovak's Prime Minister amid Russian gas disputes.
Russia’s secret $ 250B war fund threatens economic collapse, ex-Bank of America vice chairman says
The Kremlin forced Russian banks to provide $210-250 billion in preferential loans to defense contractors, matching its official military budget.
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.
Hungary threatens to veto Ukraine’s EU bid amid Russian gas transit ban dispute
This came in response to Ukraine's Foreign Ministry stating that only two EU members, meaning Hungary and Slovakia, failed to secure alternative energy sources while others successfully adapted.
Ukraine’s gas transit ban marks “expensive defeat” for Moscow, Kirby says
American liquefied natural gas has captured 50% of Europe's import market as Ukraine's decision to stop Russian gas transit strips Moscow of $6.5 billion in annual revenue.
EU confirms alternative energy supplies as Ukraine ends Russian gas transit
The European Commission has spent over a year strengthening its gas infrastructure network and securing alternative gas routes to ensure continuous supply to Central and Eastern European member states as Ukraine ended its transit agreement with Russia on 1 January 2025.
