Biden's latest sanctions package will have a 'material impact' on Russian oil flows, analyst says
Rahul Kapoor, head of shipping analytics & research at S&P Global Commodity Insights, discusses the Russian shadow shipping ...
Russia's Baltic oil shipments fall 10% after EU sanctions, Finland says
Russia's oil shipments via the Baltic Sea fell by roughly 10% in the last four months of 2024, the Finnish Border Guard said, ...
Oil Supertanker Rates on China Routes Double Since Sanctions
The cost to hire an oil supertanker on key routes to China has doubled since the US imposed sanctions on Russia, showing the ...
Ratcheting up sanctions on Russian oil may be the key to Trump's plan to end the war in Ukraine
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
Crude Oil Prices5h
Supertanker Rates Double After U.S. Sanctions on Russian Oil Trade
US sanctions on Russian oil exports and tankers caused a surge in supertanker rates as the availability of tankers to ...
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 ...
Occidental Petroleum: New Sanctions To Boost Oil Markets In 2025
Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read ...
Biden admin imposes harsh sanctions on Russian oil industry to cut off funding for Ukraine war effort
The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...
JD Supra2h
Outgoing Administration Issues Sweeping Russia Energy Sector Sanctions
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.
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India Seeks Alternative Crude Pricing From Middle East as Shipping Costs Soar
Indian refiners are requesting "delivered at port" pricing from Middle Eastern oil suppliers to mitigate the impact of rising ...
India is staring at an 'oil shock' as U.S. sanctions on Russian crude loom
India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's ...