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Analysis-Russia's Arctic oil feels chill from U.S. sanctions

Analysis-Russia's Arctic oil feels the chill from U.S. sanctions

Russia's vast Arctic oil business is facing major disruption from U.S. sanctions on its tankers and depots, stranding crude supplies previously snapped up by Asian buyers in storage, according to three sources familiar with its logistics.

Bloomberg L.P. · 12h

Oil Freight Traders Pile In as Russia Sanctions Push Rates Up

Oil-freight derivatives trading surged to the highest in at least a decade as the Biden administration’s sanctions on Russia continued to propel supertanker rates higher.

Wall Street Journal · 1d

Oil Eases as Market Weighs U.S. Sanctions on Russia

Oil eased slightly in early trade after rallying to a multi-month high as the market weighs the impact of U.S. sanctions on Russian supplies.

Russia, Czech Republic and druzhba pipeline

The Associated Press on MSN · 13h

The Czech Republic ends its energy dependence on Russian oil imports

The Czech government says the country has boosted its energy security by completing a project to finish its dependence on oil delivery from Russia.

Reuters on MSN · 13h

Czech Republic's need for Russian oil ended by pipeline upgrade

Upgrades to boost the capacity for oil deliveries to the Czech Republic via the TAL pipeline are complete, ending the country's need to import Russian crude, Prime Minister Petr Fiala said on Tuesday.

The Moscow Times on MSN · 13h

Czech Republic Finishes Pipeline Extension, Ending Reliance on Russian Oil

The Czech Republic no longer needs to import Russian oil following the completion of an expansion to the Transalpine Pipeline (TAL) from Italy, Prime Minister Petr Fiala announced Tuesday. "The construction of this expansion has now been completed,

Russia, Ukrainian drone

Newsweek on MSN · 19h

Russia Factories, Oil Terminals Hit in Massive Drone-Missile Attack

Ukraine's latest aerial bombardment was spread across 12 Russian regions, with targets including an oil depot and an airfield in Engels.

CNN on MSN · 3d

Ukraine says it has hit one of Russia’s largest oil refineries in a drone strike

Ukraine claimed Saturday to have struck one of Russia’s largest oil refineries in a drone attack, starting a fire at the facility more than 700 miles into Russian territory.

U.S. News & World Report · 1d

Russia Takes Five Days to Put Out Fire at 'Industrial Plant' Hit by Ukrainian Drone

Ukrainian drone attack on the city of Engels ignited a huge blaze in which two firefighters died, and prompted Busargin to declare a state of emergency.

Business Insider2m

Finland had 12 minutes left to stop a Russia-linked oil tanker from dealing 'much worse' damage to its undersea cables, president says

Finnish President Alexander Stubb said on Tuesday that his country had stopped the crew of a Russia-linked oil tanker ...

18h

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 ...

Russia forms emergency task force as Kerch Strait oil spill spreads

An emergency task force arrived in Russia’s southern Krasnodar region on Sunday as an oil spill in the Kerch Strait from two ...

1don MSN

Brent crude jumps above $80 a barrel as investors weigh U.S. sanctions on Russian oil

Oil futures were up strongly Monday, with Brent crude on track for its first finish above $80 a barrel since August, as ...

17h

EU Foreign Affairs Chief Aims to Lower Price Cap on Russian Oil

The European Union’s top diplomat Kaja Kallas said Ukraine’s allies should work toward lowering the price cap on Russian oil ...

1don MSN

Russian firefighters take five days to put out blaze at Putin nuclear bombers' oil depot hit by Kyiv drones

Russian firefighters have reportedly put out a blaze after five days at an oil site which supplies an air base for Vladimir ...

1don MSN

Oil prices climb 2% to 4-month high on expected hit to China and India's Russian supplies

Oil prices climbed about 2% to a four-month high on Monday on expectations that wider U.S. sanctions on Russian oil would ...

Russia’s Budget Oil Revenue Spiked by Almost a Third in 2024

Russia’s oil proceeds to the state budget increased by almost a third last year to the highest since at least 2018, spurred ...

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