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Oil Tankers U-Turn and Buyers Go Elsewhere
Oil Tankers U-Turn and Buyers Go Elsewhere as Russia Sanctions Bite
On Jan. 10 the US Treasury’s Office of Foreign Assets Control sanctioned 161 tankers and traders involved in about 2,000 shipments since the invasion began. It also acted against Moscow-based ship insurers and two companies — Surgutneftgas and Gazpromneft — which in the first 10 months of last year accounted for almost 30% of Russia’s oil exports.
U.S. sanctions on Russia hit oil freight rates
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels, largely oil tankers.
Russia faces higher costs on sea-borne oil exports due to new US sanctions
Sweeping U.S. sanctions on Russia's oil industry will make it more expensive for Moscow to sell its oil and complicate sea-borne crude exports due to restrictions on tankers, analysts and traders said on Monday.
2d
on MSN
Trump Team Readies Oil Sanctions Plan for Russia Deal, Iran Squeeze
Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine ...
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on MSN
Russia is escalating its dangerous shadow war against NATO, and there are fears it could get a lot worse
Russia is believed to be behind dozens of hybrid attacks, like arson or sabotage, on NATO soil since the Ukraine war started.
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Trump’s Russia sanction plan to take cue from global oil markets, treasury pick Bessent drops hint
A more aggressive approach to Russian sanctions could involve stricter enforcement of secondary measures, targeting European ...
2d
on MSN
No convictions for breaching sanctions on Russia
Financial sanctions on Russia were introduced following the annexation of Crimea in 2014 and the wider invasion of Ukraine in ...
JD Supra
2d
New US Sanctions Target Russia’s Energy Sector
On 10 January 2025, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced a package of new sanctions ...
4d
on MSN
US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia
The U.S. Treasury Department is expanding the web of sanctions on companies and institutions supporting Russia’s war efforts ...
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Russia's Lavrov says Moscow in contact with Serbia on NIS oil firm ownership
Russian Foreign Minister Sergei Lavrov said on Tuesday that Moscow was in contact with its "Serbian friends" regarding the ...
Daily Post Nigeria on MSN
8h
Ukraine strikes oil depots in Russia
Ukraine on Saturday said it launched a pair of attacks on oil depots in western Russia, the latest salvo in Kyiv’s air ...
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