russian oil

Russia’s oil export revenue for October became the second largest in 2023. Half of the volumes were transported by “shadow” tankers, which are not subject to the price cap policy.

The United States imposed sanctions against ships and companies involved in the transportation of Russian oil.

The EU authorities can instruct Denmark to check and detain tankers with Russian oil transiting through its territorial waters.

In October 2023, the average price of Russian oil by sea was $80 per barrel.

The U.S. Treasury Department has asked shipping companies to provide information on 100 tankers suspected of violating Russian oil sanctions.

150,000 tons of Russian oil were delivered to the port in Italy, which was exported directly from the Russian Federation despite the sanctions.

The United States imposed sanctions on Turkish shipping companies, as well as vessels that violated the “price ceiling” for Russian oil.

Almost 41% of the tankers of the so-called “shadow fleet”, which bypass sanctions and transport Russian oil, are registered in the United Arab Emirates.

A tanker carrying Russian Arctic crude oil has approached Brazil, where it has been heading for more than two weeks.

The G7 countries postponed the review of the price ceiling for Russian oil, most of which is traded above the limit due to the rise in world prices.