Sanctions
Russia buys goods of double value despite sanctions
Microelectronics continue to arrive in russia to circumvent sanctions, including through Turkey.
Bloomberg: russian economy suffers due to oil sanctions
Russia lost the European market of more than 1.5 million barrels per day. By the end of the year, it will lose another 500,000 barrels per day if Poland and Germany stop importing oil through pipelines.
The cost of Rosneft sea transportation has increased against the background of EU sanctions
Tanker owners are trying to charge more for risk amid the introduction of EU sanctions on December 5. Due to this, the freight rates for vessels carrying Rosneft have increased.
Violation of EU sanctions may be considered a criminal offence
The European Commission proposes to introduce criminal liability for violation of EU sanctions.
Tanker freight is becoming even more expensive due to sanctions
Sanctions against russian oil supplies are likely to further increase tanker freight rates.
Circumvention of sanctions will be considered a crime, the Council of the EU
Today, November 28, the EU Council unanimously decided to add sanctions violations to the list of “EU crimes” included in the Treaty on the Functioning of the Union.
Russian federation uses small firms to circumvent sanctions
The number of small companies that transport russian oil on decommissioned vessels has increased on the world market.
The US imposed sanctions against companies for illegal trade of oil from Iran
The US Treasury announced the introduction of sanctions against 13 foreign companies.
Oil production in russian federation will decrease by 1.4 million barrels due to sanctions
EU sanctions against russian oil and oil products will lead to a significant reduction in production in russia.
Sovcomflot is selling bonds, hoping to survive the sanctions
The sanctioned russian state-owned shipowner Sovcomflot (SCF Group) is planning a second issue of replacement bonds.
