Tag Archives: Russia

Washington is making it clear to New Delhi: any path forward on a U.S.–India trade deal runs through Russia’s oil fields. In recent talks, U.S. trade negotiators told Indian counterparts that curbing purchases of Russian crude is critical to lowering America’s punitive tariffs and unlocking a deal, sources told Reuters …

While the world is watching the UN General Assembly discussions on Gaza-Israel, hybrid warfare in Europe (drones) and Trump, global oil markets are showing increased instability, as Ukrainian drones are destroying key oil and gas infrastructure inside of Russia. Over the last few weeks, a tsunami of reports has been …

China has received a sixth LNG cargo from Russia’s heavily sanctioned Arctic export project in a sign that the Chinese-Russian trade from Arctic LNG 2 has been flourishing in recent weeks despite U.S. and European sanctions on the project. The Arctic Mulan discharged its LNG cargo at the Chinese terminal …

Hungary has no intention of suspending Russian oil imports despite pressure on the whole of the European Union from U.S. President Donald Trump and EU pressure on Hungary specifically. “We can’t ensure the safe supply [of energy products] for our country without Russian oil or gas sources,” Foreign Minister Peter …

For the third time in as many months, the Russian natural gas supplier Gazprom is turning off the tap to Armenia, claiming a need to repair infrastructure. Some observers believe the Kremlin is instigating the repeated cut-offs as a means of pressuring Yerevan to moderate its geopolitical turn away from …

Russia’s revenues from oil and gas are expected to plunge in September by 23% from a year earlier, as international crude prices have declined and the Russian currency has strengthened, calculations by Reuters showed on Thursday. The decline is not good news for Russia, which is currently planning its 2026 …

A sanctioned oil tanker has unloaded its cargo at the Indian port of Mundra despite the port owner’s order not to allow sanctioned tankers to dock there, Reuters has reported, citing ship-tracking data from Kpler and LSEG. The Mundra port is owned by Adani Group and, according to an earlier …

Crude oil prices began the week with a rise, building on gains made last week, as Ukrainian drone attacks on Russian energy infrastructure continued, notably on a major oil export terminal in Primorsk, Russia’s second-largest Baltic port and largest oil export hub on the Baltic. At the time of writing, …

Japan joins the EU in cutting the price cap on purchases of Russian oil to $47.60 per barrel, in a move effective Friday and aimed at punishing Russia over the war in Ukraine, yet unlikely to affect any Japanese purchases. Japan lowered the price cap from the $60 per barrel …

The EU is weighing options to impose fresh sanctions on Russia’s oil industry and exports by sanctioning major energy firms and erecting more barriers to Russian oil trade, sources with knowledge of the plans told Bloomberg on Monday. EU officials are set to travel to Washington this week to discuss …