EU moves to freeze Russian oil price cap to deny Moscow a windfall
The European Union, alongside the G7 and Australia, has capped the price of Russian oil since December 2022.
Popular articles tagged "Russian oil"
The European Union, alongside the G7 and Australia, has capped the price of Russian oil since December 2022.
"Cuba is a friendly country. Our relations have developed over decades, and the US administration is aware of this".
According to the Department for Business and Trade, the carve-out applies indefinitely.
The European Union preliminary approved a €90 billion loan to Ukraine after Hungary signalled it would lift its long-standing veto as oil started flowing through…
Russia will stop the transfer of crude oil from Kazakhstan to a major German refinery via the Druzhba pipeline in May, 2026.
Slovakia is ready block a new package of European Union sanction against Russia.
South Korea will likely turn to Russia for oil imports after the closure of the Strait of Hormuz has cut the east Asian country off from its main suppliers in the…
Russia is so far the only winner of the Iran war, EU chief Antonio Costa said today, lamenting that Moscow profited from soaring energy prices sparked by US-Israeli…
Belgium's special forces boarded and seized an oil tanker from the "shadow fleet" Russia uses to circumvent Western sanctions over the war in Ukraine, the government…
While Russian oil exports dropped last year, Russia is still exporting higher volumes than before its invasion of Ukraine in 2022, researchers said Tuesday, calling…
Hungarian Prime Minister Viktor Orbán has accused Ukraine of deliberately targeting the Druzhba oil pipeline to interfere in Hungary's upcoming April elections
The EU's top diplomat said she did not expect to get a deal on new Russia sanctions Monday after Hungary vowed to block them unless Ukraine re-opens a key oil pipeline.
Slovakia's prime minister today threatened to cut emergency electricity supplies to Ukraine if its neighbour does not reopen a pipeline that brings Russian oil to…
The United States on Wednesday seized a Russian-flagged oil tanker in the North Atlantic after pursuing it from off the coast of Venezuela, in an operation set to…
At the end of 2021, when Russia tabled its draft documents on “legal and security guarantees from the United States and NATO”, demanding a halt to NATO enlargement,…
If an uninsured Russian rust-bucket goes down off your coast causing massive environmental damage and loss of life, it will be easy to point the finger of blame.
Polish foreign minister Radosław Sikorski has said he hopes that Ukrainian forces succeed in destroying an oil pipeline that supplies Hungary with Russian oil.
The European Union and the US promised a fresh wave of sanctions against Russia for its relentless invasion of Ukraine, with Washington accusing Russian President…
A majority in the European Parliament voted yesterday to bring forward the full ban on Russian oil to 1 January 2026 and on Russian gas to 1 January 2027.
Ukrainian President Volodymyr Zelensky could not hold back a chuckle during a press conference after a journalist asked about bombing a Russian Druzhba pipeline…
The US has expanded natural gas exports through trade negotiations while applying parallel pressure on Russian energy flows — a dual strategy that has shifted…
India's foreign ministry said the European Union and US were "targeting" it due to its buying of Russian oil, adding that the moves were "unjustified" and that it…
The European Union approved its 18th package of sanctions against Russia after months of diplomatic wrangling, with Slovakia having blocked the package due to concerns…
Brussels said it wanted to squeeze Moscow's war chest by slashing the price Russia charged for crude oil.
EU measures targeting Russia’s shadow fleet could risk triggering an escalation in response, experts have told Brussels Signal.
The EU is preparing a “massive” new sanctions package against Russia— but after 17 rounds, growing fatigue and limited results have started to fracture the…
EU member states have agreed on yet another package of sanctions against Russia in retaliation for the invasion of Ukraine.
Greek oil tankers have quietly resumed shipping Russian crude as Urals Oil prices slide under the G7 cap, exposing a Western sanctions loophole.
The Estonian navy detained and boarded a Russia-bound oil tanker on an EU sanctions list on Friday, accusing it of sailing illegally without a valid country…
The huge wave of US tariffs imposed on almost every country except Russia, and the trade negotiations that stemmed from it, have hit Moscow's energy interests and…