oil
Blockade of the Strait of Hormuz could cost the world a new “2008”
Analysts warn that prolonged disruptions to shipping could trigger a deep oil shortage, a new price spike and a global recession.
Some countries will have enough Russian offshore oil for half a year, expert says
Russian oil stored in floating storage facilities will last some countries for six months.
Russia resumes oil exports via Novorossiysk after drone attacks, — Bloomberg
Russia has significantly increased seaborne oil exports through the port of Novorossiysk after all oil berths resumed operation.
Due to the crisis in the Middle East, Britain will allow the import of fuel from Rosneft
The UK has eased sanctions against Russia to curb rising domestic prices amid an energy crisis.
India refused to buy Russian LNG despite shortage amid crisis in the Strait of Hormuz
New Delhi has rejected Moscow’s offer to purchase liquefied natural gas from the sanctioned Russian Portovaya project.
Fourth attack in two weeks: drones again attack Tuapse refinery
The series of attacks on Russian oil infrastructure in April reached its peak in several months.
Russia boosts seaborne oil exports to highest in a month, Bloomberg
The surge in shipments came as crude oil flows were reoriented toward exports due to processing problems.
US imposes sanctions on Chinese refinery and 40 shipping companies for buying Iranian oil
The restrictions are part of a broader Washington strategy aimed at increasing pressure on Iran’s energy sector and limiting its oil export revenues.
Ukraine will insist on the implementation of a complete ban on sea exports of Russian oil
Ukraine will insist that the 21st EU sanctions package against Russia include a complete ban on sea exports of Russian oil.
The US has reinstated full sanctions against Russian offshore oil
The Donald Trump administration did not extend the exemption that allowed trade in already loaded Russian oil.
