A group of Western insurers has said a Russian oil price cap has become unenforceable and only pushed more ships into joining ...
Russia’s oil storage capacity is limited. When a refinery is destroyed or damaged, therefore, extracted crude oil cannot ...
Moscow has dramatically reduced its need for Western ships or services by building up a shadow fleet of tankers.
The UK has a limited record of sanctions enforcement — imposing fines of only £20.7 million ($25.9 million) since January ...
A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an organization at the heart ...
S&P Global thinks that Russian oil supply disruptions may hit 1.5 million bpd in Q1 2023. The oil market will become more sensitive to price cap news closer to December 5. G7 Countries Work On ...
Russia's Urals crude is selling for $75 per barrel, exceeding the G7's $60 price cap. The US believes broader market trends and geopolitics are driving the higher price. Tighter sanctions ...
Reuters projected Russian oil and gas revenue for April to come in at 1.292 trillion rubles, up from 648 billion rubles in ...
Russia’s oil revenue more than doubled in April from a year earlier, despite international sanctions intended to limit the ...
Russian oil is trading far in excess of a Group of Seven price cap that's supposed to deprive Moscow of revenue for its war in Ukraine. Russian oil is trading far in excess of a Group of Seven ...
WASHINGTON: Once seen as misguided and unworkable, the United States-conceived price cap on Russian crude oil exports is showing signs of success – for now – since it was implemented late last ...
Despite Western sanctions meant to curtail energy exports and squeeze its economy, experts say Russia is using its so-called ...