Sanctions

Nayara Energy Ltd., an oil refinery in India, partly owned by Russia’s Rosneft, is gradually restarting operations after a crisis caused by sanctions.

President of Ukraine Volodymyr Zelenskyy said that Russia is using tankers to launch drones over European countries.

Leading operators plan deliveries for October without taking into account the port of Constanta due to possible sanctions from Ukraine.

The leaders of the United States and the European Commission agreed on further steps to reduce the Kremlin’s energy revenues and increase pressure on Russia on the sidelines of the UN General Assembly.

In August 2025, tankers under EU, US and UK sanctions transported 43.6% of Russia’s seaborne oil.

It is Washington’s position that may be decisive for countries such as Hungary and Slovakia, which continue to buy Russian energy resources.

The supply of petroleum products from the Romanian port of Constanta, which is one of the key ones for the Ukrainian market, may be subject to sanctions as early as October 1, 2025.
This is not the first attempt to restrict the activities of the Romanian hub. For the first time, such a decision was discussed in the summer of 2024, but then it was blocked under pressure from Romania and the EU. However, now Ukraine is threatened with the loss of a key partner, a change in logistics routes and, at worst, an increase in fuel prices within the country.
USM understood the situation and spoke with the head of the A-95 Consulting Group, Serhiy Kuyun, as well as other market participants.

Brussels’ new measures also include sanctions against crypto exchanges, third-country banks and Chinese companies that help the Russian military-industrial complex.

Canberra has lowered the price ceiling for Russian oil to $47.60 per barrel and added 95 more ships to the sanctions list.

The document provides for measures against the “shadow fleet”, adjustment of the price ceiling for oil, secondary sanctions and port restrictions.