Chinese refiner backs away from Russian oil amid sanctions fallout, Reuters says
One of inland China’s top oil buyers is sourcing non-Russian oil for winter deliveries.
Browsing Tag
US sanctions
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Zelenskyy vows to block Russian oil to Hungary — Hungary’s MOL says it can already go 80% non-Russian
Hungary’s top refiner made the claim just hours before Prime Minister Viktor Orban met with US President Donald Trump to seek sanctions relief.
Bulgaria prepares to nationalize Lukoil refinery as US sanctions hit Russian oil
Draft legislation would give state manager power to sell assets and freeze proceeds as Lukoil scrambles to offload international holdings.
Orbán says Hungary will seek exemption from US sanctions that hit Russian giants Rosneft and Lukoil
The Hungarian Prime Minister claims his pipeline‑dependent country deserves a US exemption, citing Germany’s earlier waiver.
Lukoil to sell international assets days after US sanctions hit Russia’s oil giants
Lukoil's fire sale marks the first major Russian retreat from international energy markets since Trump sanctioned Moscow's oil giants last week.
Reuters: Trump could unleash new sanctions on Russia’s economy, but waits to see if Europe dares move first
The White House weighs penalties on banking and oil exports even as it tests allies’ resolve, officials told Reuters.
US, EU sanction Russian energy; Putin downplays hit, Trump says “We’ll see”
Coordinated action targets Russia’s Rosneft, Lukoil, and LNG, hindering its capacity to continue bankrolling the war.
Russian envoy returns to Washington for more talks after Trump sanctions Moscow – CNN
Dmitriev's second Washington visit since the 2022 invasion comes as Chinese and Indian refineries slash Russian oil purchases under the new US restrictions.
Trap Aggressor: West ignores Crimean factory supplying Russia’s aviation industry despite decade-old sanctions
The Crimean Fiolent plant keeps building components for Russian jets like the SJ-100 and Tu-214, while only the US has sanctioned it since 2014.
China’s state oil firms halt Russian oil purchases following US sanctions – Reuters
Move follows India's plans to slash imports as sanctions threaten Russia's energy revenues from largest buyers.
Trump sanctioned Russia over “frustration with Vladimir Putin” – White House
Press secretary says Trump frustrated with Putin's lack of action "moving the ball forward towards peace."
Russia politely asks US to continue Ukraine negotiations after Trump sanctions oil giants
After new US sanctions on Rosneft and Lukoil, Russia’s Foreign Ministry avoided harsh criticism and instead urged Washington to continue talks on a “political settlement” for Ukraine.
Russia lobbies UN aviation agency to end air sanctions, claims violations of human rights
Russia is pressing the UN’s aviation body to lift sanctions on spare parts and overflights, claiming they violate “human rights,” even as its airlines scramble for Western components and its Belarusian ally faces fresh scrutiny over backdoor transfers.
India defies US, keeps buying Russian oil, while sanctions bite Moscow
New Delhi rejects Trump’s demands, however, forcing Russia to negotiate in rupees and steep discounts.
Delhi turns to American, Canadian, and Emirati oil suppliers amid Western pressure
However, Russia remains its top oil source, keeping Moscow’s war machine alive and capable of killing more Ukrainian civilians.
Russian oil floats in limbo as EU sanctions trap tankers near India
The Achilles and Elyte sit stranded, while pressure mounts on Delhi to choose sides in a wartime economy.
“He will risk everything in Ukraine”: Putin may be preparing for even harsher war in Ukraine after Trump’s ultimatum
Even with a collapsing economy and the threat of international isolation, Putin is poised to escalate his war. As Foreign Affairs puts it: the Kremlin leader will go to “extreme lengths” to avoid losing in Ukraine.
Poland’s Duda urges Trump to sanction Russia and force Putin into peace
The Polish President says Trump should escalate economic pressure, saying “only the US president” can force Russia's leader to make peace.
RFU News: US delivered its harshest economic blow yet against Moscow after ceasefire rejection
Russian banks can no longer process international energy transactions, endangering the Kremlin's primary war funding mechanism. The expiration of a key exemption also triggers secondary sanctions risk for any nation trading with Moscow.
Trump extends sanctions against Russia for a year
In doing so, Trump has continued to keep up the sanctions on Russia put in place by his predecessors.