Russia’s two largest oil export terminals on the Baltic Sea — Primorsk and Ust-Luga — have suspended all crude oil and petroleum product loadings following a series of intense Ukrainian drone attacks this week. The shutdowns represent one of the most severe disruptions to Russian energy exports in modern history and come amid escalating Ukrainian […]
Continue ReadingDaily Standup Top Stories Fed cuts rates by 0.25% after flagging risks from softening labor market September 17, 2025 Clark Savage The Dow Jones Industrial Average eked out a modest 0.1% increase, while the Nasdaq Composite rose 0.5%, reflecting optimism about lower rates fueling innovation and spending. The U.S. dollar, which had been battered in recent […] […]
Continue ReadingRussia\’s oil export machine, a cornerstone of its economy amid ongoing sanctions and geopolitical tensions, is showing signs of strain. Weekly crude exports plummeted to an average of 3.18 million barrels per day (bpd) in the seven days ending September 14, 2025—the sharpest weekly drop since July 2024, down by a staggering 934,000 bpd from […]
Continue ReadingWith reports swirling that the European Union is contemplating seizing ageing substandard shadow tanker tonnage transiting through the Baltic, Alexey Zhuravlev (pictured), first deputy chairman of Russia’s State Duma Committee on Defence, has vowed retaliation. European news organisation Politico reported earlier this week that the EU was discussing apprehending shadow tankers leaving Russia and heading […]
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