Russian Sanctions

 President Volodymyr Zelenskiy warned on Friday that Ukraine risked losing its dignity and freedom — or Washington’s backing — over a U.S. peace plan

US sanctions that came into force on Friday are set to leave almost 48 million barrels of Russian crude stranded on the water, pushing dozens of tankers to

A liquefied natural gas tanker that’s part of a shadow fleet of vessels that helps Russia skirt sanctions is heading toward the Suez Canal, after sailing

LONDON/SINGAPORE, Nov 19 (Reuters) – Russian liquefied natural gas producer Novatek has slashed the prices of its cargoes by 30% to 40% since August

Expanding sanctions on Chinese ports and refiners are choking flows of Russian and Iranian oil to the world’s No. 1 importer, although emerging workarounds

The U.S. Treasury said on Monday that U.S. sanctions against Russian oil majors Rosneft and Lukoil are already reducing Russian oil revenues and are likely

Russia’s flagship oil price plunged to the lowest in over 2 1/2 years last week, with days to go until US sanctions are due to hit the nation’s two largest

BELGRADE, Nov 15 (Reuters) – Serbia secured a three-month license from the U.S. to try to find a buyer for its

By Bloomberg News (Bloomberg) — The International Energy Agency said there’s “considerable downside risk” to its outlook for Russian crude

China is stepping up its efforts to import US-sanctioned Russian gas, building the beginnings of a domestic “shadow fleet” of vessels that can transport

A buildup of a billion barrels of oil on the world’s oceans includes a disproportionately large amount of crude from nations subject to some kind of

The United Kingdom has announced sweeping new maritime sanctions targeting Russia’s liquefied natural gas exports, marking a significant escalation in

BAGHDAD, Nov 10 (Reuters) – Lukoil declared force majeure at its Iraqi oil field, sources told Reuters on Monday, and Bulgaria was poised to seize its

By Jeff Mason and Nandita Bose WASHINGTON, Nov 7 (Reuters) – The United States has granted Hungary a one-year exemption from U.S. sanctions for using

Two tankers carrying around 1.5 million barrels of Russian Urals crude have dropped anchor at sea on either end of the Suez Canal, in an apparent sign of the

Global commodity trader Gunvor has withdrawn its proposal to acquire Lukoil’s international assets after the U.S. Treasury Department signaled it would

Western sanctions on Russia and Iran are creating record volumes of oil stored onboard vessels, preventing a supply glut from forming in global markets,

The Suez Canal Authority (SCA) has issued a strong denial of reports claiming it detained the Russian-flagged crude oil tanker Dignity, stating that the

Lukoil said on Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia's second-largest oil company is

By Weilun Soon (Bloomberg) — An India-bound tanker filled with Russian crude reversed course and is now idling in the Baltic Sea, a sign of potential