oil
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.
Since the beginning of the year, 60% of oil in Ukraine has been exported through ports
In January, more than 60% of vegetable oil was exported through Ukrainian ports.
Transportation of Russian oil to China has become five times more expensive due to sanctions
The cost of transporting Russian oil to China has already increased fivefold due to US sanctions.
US sanctions affect Russian tanker routes
Sanctions imposed by the United States on Russian tankers have threatened Moscow’s key logistics chains.
Transportation of Russian oil to China tripled in price due to sanctions
The transportation of Russian oil to Chinese ports has tripled in price due to recent sanctions.
Germany did not allow a tanker suspected of transporting sanctioned Russian oil to leave
Germany has banned a tanker from the Russian Federation’s so-called “shadow fleet” from leaving German waters. The tanker is likely loaded with Russian oil.
The Office of the President is considering lowering the price of Russian oil to $30 per barrel
The head of the President’s office, Andriy Yermak, said that the introduction of a hard price ceiling for Rosneft is an important tool for curbing the Kremlin’s aggression.
India will not accept Russian tankers subject to US sanctions
India intends to abandon tankers against which the US has imposed sanctions.
