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.
Soaring Tanker Costs Stall Russian Oil Trade in Asia After US Sanctions
New U.S. sanctions on Russian oil exports have caused tanker rates to surge and trade to freeze as shippers scramble for non-sanctioned vessels.
Russia's Baltic oil shipments fall 10% after EU sanctions, Finland says
Russia's oil shipments via the Baltic Sea fell by roughly 10% in the last four months of 2024, the Finnish Border Guard said, as the impact of EU sanctions against Russian oil and gas exports adopted in June took effect.
Oil Declines as Trump Tariff Threats Overshadow Russia Sanctions
Oil fluctuated after President Donald Trump threatened tariffs on China and the European Union, while traders continued to assess the fallout from unprecedented US sanctions on Russia.West Texas Intermediate crude was little changed near $76 a barrel,
Russia Oil Trade to China, India Stalls as Sanctions Drive up Shipping Costs
Trade for March-loading Russian oil in top buyer Asia has stalled as a wide price gap between buyers and sellers emerged in China after costs for chartering tankers unaffected by U.S. sanctions jumped,
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.
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
Putin on brink as furious Russian elites revolt against China policy and 'colonisation'
Russian elites are growing increasingly concerned about the dominance of a pro-China clan within the Kremlin and Beijing's "colonial" attitude towards Moscow.
Crude Oil Prices1d
Russia’s Total Crude Oil Exports Dipped by 2.2% in 2024
Russia's overall crude oil exports fell in 2024 despite increased shipments to China as Western sanctions forced a shift in ...
Newsweek12d
China Pounces on Russia's Fire Sale of Prized Assets
The Shandong Port Group in China's Shandong Province said it would block oil tankers named in U.S. sanctions from using its ports. As a result, three ships said to be part of Russia's sanctions ...
U.S. News & World Report13d
Column-China Response Key to Crude Oil After New Sanctions on Russia: Russell
It's possible Russia's dark fleet will re-emerge in ... It's certainly the case that China has enough oil in storage to meet some its demand. By turning to inventories China can put downward ...
New York Sun13d
Baltic Sea, as China and Russia Start Cutting Undersea Cables, Is Emerging as a ‘Theater of Military Operations’
Chinese researchers apply for patents for ‘submarine cable cutting devices,’ while Russian experts boast on television that ...
Bloomberg L.P.12d
Cost to Ship Russian ESPO Oil to China Triples After Sanctions
Freight rates to transport ESPO oil from Kozmino port on Russia’s east coast to China jumped to between $5 million and $5.5 million on Monday, compared with $1.5 million prior to the sanctions ...
U.S. News & World Report9d
China's Crude Oil Imports From Top Supplier Russia Reach New High in 2024
SINGAPORE (Reuters) - China's crude oil imports from top supplier Russia were up 1% in 2024 to a record high versus 2023, while purchases from Saudi Arabia dropped 9%, data showed on Monday ...