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.
The cost to hire an oil supertanker on key routes to China has doubled since the US imposed sanctions on Russia, showing the ...
Russia's oil shipments via the Baltic Sea fell by roughly 10% in the last four months of 2024, the Finnish Border Guard said, ...
Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read ...
On January 10, 2025, the US government issued the latest round of sanctions targeting Russia’s revenue sources used to fund its war in Ukraine.
Oil prices settled lower on Friday but notched their fourth straight weekly gain, as the latest U.S. sanctions on Russian ...
EU sanctions and new US measures have led to a decline in Russian oil shipments via the Baltic Sea, impacting the shadow fleet and raising concerns about the condition of vessels operating in the ...
India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's ...
Venezuela's oil production is rebounding as tanker ships return to its coast, yet Maduro's recent election is criticized for ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback