oil
The largest Indian buyer refuses from Russian oil
India’s largest buyer of Russian oil, Reliance Industries Ltd, plans to comply with Western sanctions against Russia.
Greek tanker companies have reduced their participation in the transportation of Russian oil
Greek tanker companies have begun to refuse to work with Russian oil companies due to sanctions imposed by the Donald Trump administration.
“The Russian economy is starting to suffer,” Macron commented on new sanctions against Russian oil companies
The French President called the new US sanctions against Rosneft a turning point in the joint fight against the Kremlin’s war machine.
Sanctions against Russian oil companies may have a positive impact on the tanker market
The US and EU restrictions on Russian energy are shaping a new geopolitical situation that is positive for the tanker market.
Russia’s seaborne crude oil exports are not decreasing, but rather growing, – Klymenko
In September 2025 alone, Russia’s crude oil exports increased from 22 to 23 million tons. Almost all of the increase was provided by Russian ports in the Black Sea.
India promised to stop buying Russian oil — Trump
Washington sees this step as an important signal of Moscow’s international isolation.
Venezuela switches to Russian oil after US supplies cut off
From March to October 2025, more than 7 million barrels of Rosneft oil were delivered to the country, the first such volume in six years.
Seven EU countries increase oil and LNG imports from Russia
Seven EU member states have increased their imports of Russian energy resources.
G7 increases pressure on Russian oil exports
The goal is to limit Russia’s oil export revenues, which remain its main source of revenue.
Rapeseed oil exports cannot compensate for revenue loss due to duties
Despite the growth, rapeseed oil exports cannot compensate for the loss of revenue due to duties on soybean and rapeseed exports.
