Keywords: Russian oil
Russia’s oil revenues recorded a sharp weekly increase after a temporary US sanctions waiver and rising global prices linked to tensions with Iran triggered a rapid market reversal, easing months of pressure on Moscow’s energy income. Seaborne oil export revenues rose by about 890 million......
Hungary has called on the European Union to reconsider its restrictions on Russia’s oil exports, arguing that maintaining sanctions could place additional pressure on fuel prices across Europe. Hungarian Foreign Minister Peter Szijjártó said the bloc should reassess its approach......
Hungary announced that it would send a delegation to Ukraine in an effort to open dialogue over the future of the Druzhba pipeline, a key route for transporting Russian oil to several Central European countries. The mission will include Hungarian officials as well as representatives from Slovakia, another......
Slovak Prime Minister Robert Fico is expected to meet European Commission President Ursula von der Leyen this week to discuss the possible resumption of oil deliveries through the Druzhba oil pipeline, a major supply route connecting Russia with several Central European countries. The meeting comes......
Saudi Aramco has withheld its March 2026 crude shipment to a Pakistani refinery, reflecting tighter global supply patterns as sanctions and shifting demand reshape trade routes. According to industry sources cited by Pakistan Today, the state oil company has redirected volumes toward larger Asian......
Russia and Iran are steepening discounts on their crude exports to secure a shrinking pool of Chinese buyers after Indian refiners sharply reduced purchases of Russian oil. Moscow’s flagship Urals blend is now selling to China at about 12 dollars per barrel below the ICE Brent benchmark, compared......
Russia’s flagship Urals crude is trading at its steepest discount to global benchmark Brent in nearly three years, underscoring mounting pressure on Moscow’s key export revenues as Western sanctions persist and Indian demand weakens. The discount on Urals expanded to $28 per barrel on a......
Russian air defenses intercepted 113 Ukrainian drones overnight from February 18 to 19, the Defense Ministry said Thursday, describing one of the largest waves of drone attacks on Russian territory in recent weeks. The barrage came hours after U.S.-mediated peace talks in Geneva ended without a breakthrough. According......
European Union ambassadors are meeting this week to finalize sanctions against the Kulevi oil terminal in Georgia as part of the bloc’s 20th sanctions package against Russia, in what would mark the first time Brussels targets a port in a country officially seeking EU membership. The proposed measures......
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