Russian oil firms face delays of up to several months to be paid for crude and fuel as banks in China, Turkey and the United ...
So, a workaround was found. A coalition of Western countries including the EU and the G7 implemented a “price cap” which ...
Russia said on Thursday that the United States was unlikely to agree to a Ukrainian proposal to lower the price cap on ...
Indian refineries are rejecting oil cargo carried by Sovcomflot, a Russian tanker firm that's been hit by a slew of US ...
Banks in China, the UAE, and Turkey have boosted sanctions compliance leading to Russian oil firms facing months of delays in ...
The Russian oil-export machine funding the Kremlin’s war in Ukraine is finally getting some grit in its gears.
Oil from Russia, the world’s third-largest producer, has continued to flow despite restrictions from the West, which in 2022 ...
Russia is selling Urals oil to India well above a Western price cap despite payment delays and difficulty finding tankers, Reuters assessments based on trade sources data showed on Thursday. Russia's ...
India has refused to purchase Russian premium ESPO grade oil for about two months now, a national newspaper reported.
All of India’s refiners are now refusing to take Russian crude carried on PJSC Sovcomflot tankers due to US sanctions, ...
India's refineries, the second-largest buyer of Russian oil since the invasion of Ukraine, will no longer accept deliveries ...
Russia's oil industry is starting to feel the pressure of Western sanctions as Indian refineries no longer accept tankers of ...