Russia oil sanctions create different winners at different times
The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating both short- and medium-term winners and losers.
Exclusive-Russian Oil Refining Rises as US Sanctions Target Crude Exports - Sources
Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which stands at $100 per barrel - still leaves room for a profit. Russian diesel currently trades at around $75 per barrel. They also note vessel availability is higher for fuel than for crude.
Asia Grabs Europe’s Oil After Russia Sanctions Redraw Trading
Millions of barrels of oil that would normally be preserve of oil refineries in Europe are instead heading to Asia as US sanctions on Russia revive one of the market’s great arbitrage trades.
Russia's Feb oil exports from western ports seen down 8% m/m as sanctions bite
Russia's crude oil exports from its western ports in February are set to fall by 8% versus January's plan as Moscow increases refining, two traders said and Reuters calculations showed, after the latest U.
Russia defies US sanctions, sends sanctioned oil tankers to India
Russia has continued to send cargoes of crude oil to India on tankers that have been sanctioned by the US, Bloomberg reported on Tuesday. This situation presents a crucial test of Moscow’s ability to circumvent the stringent sanctions implemented by Washington earlier this month.
Russia Set to Test New Delhi’s Nerve by Sending Sanctioned Oil and Tankers to India
Russia is sending cargoes of sanctioned oil to India on tankers that have been blacklisted by the US Treasury — setting up an acid test of Moscow's ability to get around aggressive measures imposed by Washington earlier this month.
Sanctions tighten grip on Russian oil, pushing China and India away
As reported by Reuters, these sanctions have already had tangible effects. The main recipients of Russian oil, China and India, have suspended purchases from Russia because the de
EU proposes bans on aluminium, video game consoles in new Russia sanctions
The European Commission has proposed Russian primary aluminium imports be included in its 16th package of sanctions on Russia ...
Trump’s Russia sanctions might be what finally works
Just one week into his presidency, U.S. President Donald Trump has hinted at his approach to U.S. sanctions on Russia. First, ...
After agreement on gas intake, Hungary signs off on EU renewal of sanctions on Russia
The European Union will moved forward with a renewal on Russian sanctions after a deal was struck with Hungary, according to ...
EU Prolongs Its Russia Sanctions for 6 Months After Hungary Lifts Its Objections
The European Union has agreed to prolong for 6 months a raft of sanctions aimed at depriving Russia of funds to finance its ...
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Biden’s Final Sanctions on Russia Are a Strategic Disaster
On January 15, the outgoing Biden administration announced that they were “designating over 250 enablers of Putin’s war against Ukraine” with onerous sanctions. According to the State Department, ...
Joe Biden Trump-Proofs Russia Sanctions in Parting Shot
In his final week in the White House, the president has made it much more difficult for his successor to undo Russian ...
Russia and Iran sign a partnership treaty to deepen their ties in the face of Western sanctions
The presidents of Russia and Iran have held talks in the Kremlin before the signing of a broad cooperation pact to deepen ...
EU sanctions 3 Russian military hackers for attacking Estonia
The European Union on Monday sanctioned three officers of a Russian military intelligence unit accused of being behind a ...
Putin's Ally in NATO Backs Down in Russia Sanctions Standoff
Hungary has stopped delaying the renewal of European sanctions on Moscow, which may have detrimental consequences on its relationship with Russia.