A group of Western insurers has said a Russian oil price cap has become unenforceable and only pushed more ships into joining ...
Moscow has dramatically reduced its need for Western ships or services by building up a shadow fleet of tankers.
Russia’s oil storage capacity is limited. When a refinery is destroyed or damaged, therefore, extracted crude oil cannot ...
The UK has a limited record of sanctions enforcement — imposing fines of only £20.7 million ($25.9 million) since January ...
New Delhi was also allowed to pay for oil in rupees but this method has faced problems due to Reserve Bank of India (RBI) ...
The European Union is negotiating a ban on Russian liquefied natural gas exports in its latest sanctions package, bolstering ...
Russia’s oil and gas revenues climbed to $13.5 billion in April, nearly double the amount from a year earlier.
UK-based International Group of P&I Clubs, a global insurance company, says a growing shadow fleet is making it less and less ...
Russia’s oil revenue more than doubled in April from a year earlier, despite international sanctions intended to limit the ...
Sky's economics & data editor explains how Russia's oil and gas has found its way to new buyers since the invasion of Ukraine, leaving huge question marks over the effectiveness of sanctions to date.
Greek Navy exercises off the southeastern Peloponnese coast have forced tankers to transfer Russian oil into international ...
The Greek navy on Wednesday extended an advisory effectively banning ship traffic off the coast of the southeastern ...