oil
US proposes G7 high tariffs against China and India for purchasing Rosneft oil
The US administration will push the G7 to raise import tariffs on China and India by 50-100% over their purchases of Russian oil.
Russia’s oil export revenues fall to five-year low, IEA says
In August, Russia’s revenues from the sale of oil and petroleum products fell by $920 million compared to July to $13.5 billion.
Svyrydenko called for tough sanctions against Russia’s “shadow fleet” at US-EU meeting
The restrictions should apply not only to Russian companies, but also to oil refineries in third countries, traders and intermediaries.
Oil prices rise on expectations of new sanctions against Russia
The market reacted to the possibility of new US and EU sanctions against Russian crude oil.
Oil spill near Novorossiysk: pollution may spread to the coast of Ukraine
Satellite images also recorded the stretching of the oil slick that appeared during the loading of the Russian tanker.
Canada lowers price cap for Russian oil
The new price ceiling could mean a loss of up to $200 million in monthly income for Russia.
The EU has lowered the price “cap” for oil from Russia to less than $50 per barrel
On September 3, a new restriction on Russian oil came into effect in the European Union: the price “ceiling” was lowered from $60 to $47.6 per barrel.
Russian oil companies’ profits have collapsed
The main reasons were the decline in world oil prices and the strengthening of the ruble.
Lithuania calls on EU to seize Russian assets and tighten sanctions against Rosneft and shadow fleet
The country is proposing several legal mechanisms to launch this process and considers further delay unacceptable.
Germany and France have called for secondary sanctions against companies supporting Russia
Berlin and Paris are calling for tougher restrictions to cut off Moscow’s access to financing the war through third-party intermediaries.
