India to cut Russian oil purchases, U.S. to slash tariffs
Digest more
The European Union's 19th package of sanctions against Russia will list four companies involved in China's oil industry that circumvent Western restrictions, EU diplomatic sources said on Wednesday.
New satellite imagery shows elements of the ongoing fight over Russia's oil industry. At one oil refinery, anti-drone netting can be seen, and at another, black smoke rises up from the damaged facility.
The European Union’s 19th package of sanctions against Russia will list four companies involved in China’s oil industry that circumvent Western restrictions, EU diplomatic sources said on Wednesday.
Russia is set to deliver around 750,000 barrels, or 100,000 metric tons, of a mix of Arctic heavy ARCO oil and gas condensate, a type of light oil, to Syria's Banias port, traders said and LSEG data showed.
Crude oil futures posted a third consecutive weekly loss as increased oversupply concerns and further tariff sparring between the US and China sent prices to their lowest in five months.
Kyiv Independent on MSN
US 'ready' to replace Russian oil, gas supplies to Europe, Zelensky claims
The United States is prepared to supply European countries with "as much gas and oil as is needed" to replace Europe's dependence on Russian energy imports, President Volodymyr Zelensky claimed in his evening address on Oct.
Bjarne Caesar Skinnerup works as a maritime pilot in the straits of Denmark. That means he’s used to seeing oil tankers. But after the start of the war in Ukraine, the tankers started getting weird. They were flying flags he’d never seen before.
The shadow fleet of unmarked tankers evading international sanctions to deliver Russian crude to India and China is straining trade talks.