Russia
Tankers are piling up near a Russian port in the Far East due to sanctions
New US sanctions are making it difficult to export Russian oil, creating tanker congestion near a key Russian Far Eastern port.
China purchased record volumes of Russian oil in 2024
China’s crude oil imports from its largest supplier, Russia, hit a new high last year.
Russian ship suspected of espionage off the coast of Portugal
Portuguese military suspects Russian research vessel of spying on the country’s underwater infrastructure.
Syria bans imports from Russia, Iran and Israel
The new Syrian administration has banned imports from Russia, Iran and Israel due to market oversaturation.
Owner of Russian tanker that sank in Black Sea declared bankrupt
Volgatransneft, which owns one of the vessels that crashed in the Kerch Strait at the end of 2024, may go bankrupt.
EU may impose sanctions on Russian fertilizers without taking into account the veto of Hungary or Slovakia
The European Commission is planning to propose imposing sanctions against Russia for the first time, without taking into account a possible veto by Hungary or Slovakia.
Kyslytsia at the UN: Russia’s oil and gas revenues must be blocked
Ukraine has called on the UN to tighten sanctions against Russia to deprive the Kremlin of the resources to continue the war.
The largest importer of Russian LNG in the EU will reduce purchases by 80%
Poland, which was the largest importer of Russian liquefied natural gas (LNG), will reduce its purchases by 80% due to sanctions.
Spain demands new sanctions against Russian LNG, despite significant imports
Madrid believes that only a joint decision by the EU countries can reduce dependence on gas from Russia.
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.