Lukoil Declares Force Majeure in Iraq Over US Sanctions
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
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
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
Western sanctions on Russia and Iran are creating record volumes of oil stored onboard vessels, preventing a supply glut from forming in global markets,
MOSCOW/KYIV, Nov 2 (Reuters) – A Ukrainian drone attack struck one of Russia’s main Black Sea oil ports on Sunday, causing a fire
Supertanker freight futures have soared after the US’s sanctioning of two major Russian oil producers spurred buyers of the crude to seek
Chinese state oil majors have suspended purchases of seaborne Russian oil after the United States imposed sanctions on Rosneft and Lukoil, Moscow's two
Donald Trump is putting more pressure on India to slash its Russian oil purchases. This could deprive Moscow of vital revenue, but it will mostly just
By Julian Lee (Bloomberg) — Russia’s ability to divert its crude to the global market is diminishing fast as the nation’s oil refineries come under
By Julian Lee Oct 3, 2025 (Bloomberg) –Russia’s ability to divert its crude to the global market is diminishing fast as the nation’s oil
Group of Seven nations are closing in on an agreement to significantly increase sanctions on Russia over its reluctance to end the war against Ukraine,
Russia’s seaborne crude exports stuck at a 16-month high in the past four weeks, with US President Donald Trump so far failing to convince remaining buyers
PARIS, Sept 30 (Reuters) – The French Navy on Tuesday said authorities were investigating a suspected infraction by the Benin-flagged oil tanker
(Bloomberg) — Two key oil ports on Russia’s Black Sea coast resumed loading of tankers overnight following Ukrainian aerial and marine drone attacks on
Russia’s weekly crude exports slumped, driven by a slide in Baltic shipments following Ukrainian drone strikes that affected key
By Bloomberg News Sep 13, 2025 (Bloomberg) —Ukraine is increasingly targeting Russia’s oil refineries and export facilities with drones, taking the
A Ukrainian drone attack on Russia's northwestern port of Primorsk has for the first time forced the suspension of loadings at its key western oil
The growing policy divide between the United States and the European Union on Russian oil exports to India is likely to play out in a small reduction in crude
U.S. President Donald Trump told European leaders on Thursday that Europe must stop buying Russian oil that he said is helping Moscow fund its war against
U.S. President Donald Trump's doubling of tariffs on imports from India to as much as 50% took effect as scheduled on Wednesday, dealing a serious blow to
Russia expects to continue supplying oil to India despite warnings from the United States, Russian embassy officials in New Delhi said on Wednesday, adding
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