oil

The US and EU restrictions on Russian energy are shaping a new geopolitical situation that is positive for the tanker market.

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.

Washington sees this step as an important signal of Moscow’s international isolation.

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 member states have increased their imports of Russian energy resources.

The goal is to limit Russia’s oil export revenues, which remain its main source of revenue.

Despite the growth, rapeseed oil exports cannot compensate for the loss of revenue due to duties on soybean and rapeseed exports.

CPC terminals and a transfer complex in Novorossiysk have stopped loading oil after an attack by Ukrainian drones.

The leaders of the United States and the European Commission agreed on further steps to reduce the Kremlin’s energy revenues and increase pressure on Russia on the sidelines of the UN General Assembly.

Shipments from Russian ports fell by about 300,000 barrels per day compared to the same months over the past three years.