Russia, US sanctions

IEA says Russian oil output so far unaffected by latest US sanctions
Russian oil exports could be sustained if workarounds to the latest U.S. sanctions package are found, after Russian crude production rose slightly last month, the International Energy Agency (IEA) said in its latest oil market report.
China Offered Cheaper Russian Oil as Sanctions Fallout Persists
Chinese refiners are being offered Russian ESPO crude cargoes at lower prices as growing concern around US sanctions increase logistical and administrative hurdles, putting off buyers.
Shipping Rates of Russian Crude To India Surge 20% Amid Sanctions
Freight rates to ship Russian urals from Baltic ports to India jumped 20% in February to $7 million to $8 million per voyage
Russia may develop oil sanctions workarounds as global supply rises, IEA says
Russia's oil exports could be sustained if it finds workarounds to the latest U.S. sanctions package, the International Energy Agency (IEA) said on Thursday, as it forecast that growth in global oil supply would outpace demand this year.
Russian Oil Export Revenue Rose Despite Sanctions
Russia's revenue from the export of crude and other oil products rose last month despite Western sanctions, according to the International Energy Agency. Commercial export revenues climbed by $900 million on-month to $15.
India Is Building a Sanctions-Proof Supply Chain for Russian Oil
Oil refiners in India — eager to keep importing cheap crude from Russia — are working with merchants, shippers and other middlemen to rebuild supply chains as tougher US sanctions come into effect.
India says Russian oil suppliers must provide sanctions-compliant cargoes
India, the No. 2 importer of crude from Russia, wants to buy Russian oil only if it is supplied by companies and ships that have not been sanctioned by the United States, the country's oil secretary said.
Sanctions Fallout: Russian Energy Official Defends Oil Trade with India
A senior Russian energy official has spoken out against U.S. sanctions, stating that they should not interfere with the oil trade between Russia and India. This official, addressing an energy conference in India,
India rejects oil shipment from sanctioned Russian producer – Bloomberg
The oil tanker Cordelia Moon, carrying crude from a Russian producer, has come under US sanctions and has been drifting off India's west coast for two days, according to Bloomberg. The Cordelia Moon was scheduled to unload at Vadinar Port on February 9,
Oil Surplus Shrinks Again on Sanctions and Demand, IEA Says
The International Energy Agency once again slashed expectations for a global oil surplus this year amid stronger demand ...
Russia braces for oil output cuts as sanctions and drones hit
Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...
Russia prepares to cut oil production due to sanctions and drone attacks, Reuters reports
Russia is facing the threat of a reduction in oil production due to US sanctions and Ukrainian drone attacks. Source: Reuters ...
Oil is up for a third straight session as traders weigh impact of tariffs and sanctions
Oil futures finished higher for a third straight session on Tuesday as traders weighed the supply and demand impacts of ...
Daily on Energy: Zeldin vs. ‘gold bars,’ hurdles to drilling in Alaska, and Russia’s oil revenues hold up
Good afternoon and happy Thursday, readers! In today’s Daily on Energy we take a look at Environmental Protection Agency administrator Lee Zeldin's plans to roll back funding for climate projects and ...
JD Supra2h
President Trump Seeks “Maximum Pressure” on Iran Through Expansion of Sanctions Targeting Iran’s Oil Exports
As has been widely reported, the U.S. policy of “maximum pressure” towards Iran has returned. On February 4, 2025, the Trump administration ...
US sanctions strand Iran, Russia oil on tankers, driving up crude costs
The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...