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Keywords: Russian oil


Kremlin says talks underway to help Cuba amid stifling US sanctions

The Kremlin said on Monday that it is holding negotiations with Cuba to provide energy assistance, accusing the United States of imposing what it described as stifling sanctions on the island, even as the United Kingdom threatens military action against Russian oil tankers involved in such deliveries. Kremlin......

Oil prices rise amid US-Iran tensions and US-India trade deal

Oil prices rebounded Tuesday after Monday's volatile session as traders assessed a historic US-India trade agreement potentially reshaping global energy flows and squeezing Russian oil revenues. Brent crude futures climbed nearly 2 percent, recovering from a 4 percent drop the previous day, while......

Trump to cut tariffs on India after deal on Russian oil imports

U.S. President Donald Trump announced that the United States will reduce tariffs on Indian goods after New Delhi agreed to stop purchasing Russian oil, marking a significant shift in trade and diplomatic relations between the two countries. Speaking from Washington, Trump said tariffs on Indian imports......

Ukrainian drones hit Russian oil refinery, sparking fires

Ukrainian drones targeted an oil refinery in Slaviansk-na-Kubani, Krasnodar Krai, Russia, overnight on January 26, igniting fires at the facility and at least one other enterprise, according to Russian and Ukrainian sources. This strike represents the latest in Kyiv's sustained campaign to undermine......

Russian oil tankers pile up at sea as India cuts imports

Russian crude-loaded tankers are stacking up at sea, unable to offload cargo, as Moscow struggles to revive its Indian market lifeline that rescued its oil trade after European buyers pulled back following the Ukraine invasion. Russia shipped 3.42 million barrels per day over the four weeks ending January......

Ukrainian drones hit Russian oil depot, sparking major fire

Ukrainian drones launched widespread nighttime strikes on Russian oil facilities and industrial sites across more than 20 regions overnight from January 5 to 6, igniting fires at key energy infrastructure and prompting Moscow to activate air defenses throughout its western territories. In the Lipetsk......

Ukraine strikes Russian oil sites 870 miles deep

Ukrainian forces ushered in 2026 with drone attacks on key Russian petroleum infrastructure, hitting the Ilsky oil refinery in Krasnodar and the Almetyevskaya oil processing facility in Tatarstan, the Ukrainian military confirmed on Thursday. These overnight strikes from December 31 to January 1 sparked......

Ukraine intensifies drone campaign with new strike on Russia’s Ryazan oil refinery

Ukraine carried out another targeted drone attack against Russia’s Ryazan oil refinery overnight, intensifying its ongoing strategy to weaken Moscow’s energy production network. The strike, the ninth of this year on the facility, triggered explosions and a fire at what is considered one of......

U.S. sanctions deepen Russian oil discount to $20 per barrel under Brent

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......

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