oil

Over 60% of Russian tankers hit by sanctions have stopped operating
The latest U.S. sanctions against Russia have grounded dozens of tankers carrying Russian oil.

Turkey’s largest refinery Tupras refuses Russian oil due to sanctions
Due to US sanctions, the largest oil refinery in Turkey limits purchases of Russian oil.

US sanctions force Russia to sell oil to China at lower prices
Strengthening US sanctions complicate the logistics of Russian oil, forcing sellers to offer discounts to Chinese buyers.

India does not accept tanker with sanctioned Russian oil, — Bloomberg
The Cordelia Moon tanker, carrying oil from a company that has been sanctioned by the US, has been off the west coast of India for several days and has not entered a port.

Russian Urals oil prices drop to $16 per barrel
Due to US sanctions, the price of Russian Urals oil has fallen below $60, and sellers are forced to provide significant discounts.

Russia’s oil revenues almost hit annual low
Russia received record low oil revenues in January due to falling prices and rising costs to support oil refiners.

US sanctions make it difficult for Russia to ship premium oil from Sakhalin
The sanctions imposed by the United States have not stopped Russian oil exports, but they have already led to serious logistical problems in Russia.

Russian port of Ust-Luga halts operations after explosions
A Ukrainian drone attack on the Russian oil port of Ust-Luga likely damaged a pipeline system that supplies crude.

The accident did not hinder: Russian tankers with invalid documents continue to transport oil
After the Volgoneft tanker accident in December 2024, seven more similar vessels followed the same route. A day after the tanker accident in the Kerch Strait, the Volgoneft-141 vessel reloaded more than 4,000 tons of fuel oil onto a storage tanker in the Kavkaz port, despite the current ban on entering the open sea. This…

China and India have stopped purchasing Russian oil due to sanctions
Russian oil trade with China and India halted as sanctions push up shipping costs.