You Searched For "oil sanctions" and got 20 results
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1 min read
Sanctioned tankers are back to transporting Russian oil in a blow to the West's efforts to restrict crude flows
The number of sanctioned ships carrying Russian oil grew sixfold last month compared to levels in A…
Jennifer Sor
2 mins read
Russia has expanded its shadow fleet that it uses to evade oil sanctions, think tank says
Russia added 74 ships to its secretive fleet of shadow tankers, according to a new report from a Uk…
Jennifer Sor
1 min read
Russian oil exports drop to lowest in 7 months amid OPEC cuts and sanctions
Russian oil exports are down as the country moves to comply with OPEC production cuts and sanctions…
Kelly Cloonan
4 mins read
2 of the world's biggest oil producers are looking for new ways to power their economies
The US has witnessed a massive rise in oil production over the last 15 years amid the shale boom.
Huileng Tan
2 mins read
Stocks tumble, oil spikes as Mideast tensions flare
Investors moved out of equities as conflict escalated between Israel and Iran. Traders piled into s…
Filip De Mott
3 mins read
One of Rusisa's biggest automakers said it's struggling under Western sanctions after frontline complaints that its vehicles are falling apart
A former top official complained of constant leaks, a gearshift lever falling off, unusually low mi…
Matthew Loh
3 mins read
Russia's economy faces 'near stagnation' with sanctions whittling down annual GDP growth, European economist says
Russia's economy could be losing as much as 3% of its GDP a year due to Western sanctions, a Europe…
Jennifer Sor
3 mins read
India imported USD 2.8 bn worth of crude oil from Russia in July
India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…
PTI
2 mins read
Russia saw its oil revenue double in April despite Western sanctions
Strong global demand and supply fears driven by geopolitical risks have helped bolster Russia's ene…
Yuheng Zhan
1 min read
Russia sees 'decades' of Western economic sanctions ahead, official says
Russia sees "decades" of Western sanctions ahead, a foreign ministry official said. The country is …
Kelly Cloonan
2 mins read
Putin wants to retaliate against Western sanctions with commodity export curbs — but Russia needs the money, too
Putin recognizes the risks in export curbs, which he said could "harm us."
Huileng Tan
1 min read
Russia has finally admitted Western sanctions are hitting its oil exports
Secondary sanctions are spooking global banks, as some of them turn away from doing business with R…
Huileng Tan
1 min read
Half of Russia's sanctioned oil tankers are now standing idle
Of the 50 tankers sanctioned by the US since October, 21 are now idle, no longer trading Russian cr…
Filip De Mott
1 min read
Russia is reportedly receiving shipments of dollars and euros despite sanctions and efforts de-dollarize
Russia has received $2.3 billion worth of dollar and euro bills despite sanctions since March 2022,…
Jennifer Sor
1 min read
Indian oil firms are reportedly backing away from long-term deals for Russian oil amid tough sanctions
The largest refiners in India had been in discussions with Rosneft to receive a third of the countr…
Yuheng Zhan
1 min read
US sanctions push a key Turkish oil terminal to halt Russian imports
The Dortyol terminal, operated by Global Terminal Services, decided to "cut all possible connection…
Aruni Soni
1 min read
India is buying the most US oil in almost a year as sanctions on Russian energy bite
Indian refiners see more WTI Midland crude oil being used in the country in coming months, sources …
Yuheng Zhan
1 min read
Russian oil flows are sidestepping sanctions and trading above the G-7 price cap all over the world
Bloomberg reported that Urals grade crude is selling at around $75 a barrel, exceeding the G7 natio…
Yuheng Zhan
1 min read
US oil suppliers are getting a boost from Russian sanctions as India looks to buy more from them
India imported an estimated 7.6 million of US barrels in March, a significant increase from the 3 m…
Filip De Mott
2 mins read
Western sanctions are so tight that Russia and China could soon use an ancient trading system. It's worked before.
Due to US secondary sanctions, Chinese banks are now extremely cautious about processing payments f…