By Julian Lee, Serene Cheong and Alex Longley (Bloomberg) — The most aggressive Western sanctions imposed on Russia’s oil sector since Moscow’s 2022 invasion of Ukraine threaten to disrupt global supply as buyers — led by China […]
The U.S. recently announced sanctions on Russian oil producers, along with vessels that have been shipping barrels of Russian crude. India will be hit the hardest by the sanctions, more so than China which has […]
Prices have hit a five-and-a-half-month high amid fears of disruptions to supply, according to the outlet Global diesel prices and refining margins have surged following the latest round of US sanctions targeting Russia’s oil trade, […]
The International Energy Agency had earlier warned that US restrictions could disrupt global supply chains Global oil prices soared on Wednesday after the US announced a new sanctions package targeting the Russian oil sector. The […]
US sanctions seen costing Russia billions of dollars a month US official sees no danger of global crude oil shortage Circumventing sanctions could add costs to Russia’s oil industry WASHINGTON/NEW DELHI/LONDON, Jan 10 (Reuters) – […]
The number of vessels hit by sanctions has surpassed 1,000 with data from S&P Global Market Intelligence showing that more 800 of these ships do not have confirmed insurance. Moreover, the average age of sanctioned […]
The US on Friday announced the most sweeping and aggressive sanctions yet on Russia’s oil trade, just ten days before Joe Biden leaves the White House to be replaced by Donald Trump as president. If […]
The outgoing administration’s proposed export restrictions could damage the US economy, the company’s VP has argued US chip giant Nvidia has strongly opposed plans by the administration of President Joe Biden to restrict AI chip […]
Western officials have told Indian companies to “carefully evaluate their exports” to Moscow to avoid being sanctioned Officials from the US and EU have urged Indian exporters to evaluate their trade with Russia carefully […]
Aleksandar Vucic has vowed to protect Serbia’s energy security following talks with a top US energy official Serbian President Aleksandar Vucic has acknowledged forthcoming challenges regarding potential US sanctions against Naftna Industrija Srbije (NIS), a […]
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