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Keywords: LUKOIL
The United States is preparing new sanctions against Russia’s energy sector in case President Vladimir Putin rejects the latest peace proposal aimed at ending the war in Ukraine. According to reports, the measures would target a network of vessels and intermediaries involved in transporting Russian......
Global oil prices have plunged to their lowest level in four years, driven by renewed hopes for peace talks between Russia and Ukraine and mounting concerns about a worsening supply glut. Brent crude slipped below 60 dollars a barrel, while West Texas Intermediate traded near 56 dollars, as markets reacted......
Ukraine has intensified its long-range drone campaign by striking a Russian oil platform in the Caspian Sea for the third time in a week, signalling an escalating effort to cripple Moscow’s energy infrastructure. The attack targeted the Korchagin production platform, one of several operated by......
Ukraine has carried out its first attack on a Russian oil platform in the Caspian Sea, signaling a significant escalation in its campaign to hit Moscow’s economic lifelines supporting the war effort. Security officials in Kyiv confirmed that long-range drones targeted the Filanovsky platform operated......
Romania’s parliament has criminalized violations of international sanctions, imposing prison sentences for individuals and companies that breach or circumvent restrictions. The changes mark a significant escalation in the government’s response to enforcement, upgrading prior fines to criminal......
The International Energy Agency (IEA) has raised its global oil supply growth forecasts, cautioning that the market may face increasing imbalances in the coming years. According to the agency's latest monthly report, global oil supply is projected to outpace demand by 4 million barrels per day (bpd)......
The latest U.S. sanctions targeting Russia’s top oil producers, Rosneft and Lukoil, have driven the discount on the country’s flagship Urals crude to $20 per barrel below Brent, marking the steepest reduction this year. The price gap mirrors levels seen shortly after Russia’s invasion......
Saudi Arabia is facing a critical diplomatic balancing act as escalating US sanctions on Russia's oil industry strain the fragile cohesion of the OPEC+ alliance. This comes just weeks ahead of a crucial White House meeting between Saudi Crown Prince Mohammed bin Salman and US President Donald Trump,......
The United States has launched its most comprehensive economic measures against Russia, targeting its two largest oil companies, Rosneft and Lukoil, as efforts to resolve the war in Ukraine remain stagnant. The sanctions, announced by Treasury Secretary Scott Bessent on October 21, 2025, represent a......