Russian oil

Berlin: U.S. 'wrong' to lift Russia oil sanctions

Any move to reduce pressure on the Russian regime is a mistake, including the U.S. waiver authorizing purchases of Russian oil already in transit, German Chancellor Friedrich Merz said on March 13.

13 March, 11:50 PM

Merz, Starmer and Macron press Trump to keep sanctions on Russian oil

European leaders urged U.S. President Donald Trump not to ease sanctions on Russian oil during a G7 call, Axios reported on March 13, citing two officials familiar with the discussion.

13 March, 04:27 PM

Russia tops winners in global oil chaos

Moscow is the biggest winner of the war in the Middle East, The Washington Post wrote on March 13, commenting on President Donald Trump’s administration decision to temporarily lift sanctions on some Russian oil shipments in an attempt to calm global markets after crude prices surged following the U.S.-Israeli attack on Iran.

13 March, 10:47 AM

Washington eases sanctions on Russian oil at sea

The United States has issued a limited license allowing countries to purchase a portion of Russian oil and petroleum products that are already at sea, CNN reported on March 12.

13 March, 08:18 AM

Fico, von der Leyen agree on Druzhba pipeline plan

Slovak PM Robert Fico and European Commission President Ursula von der Leyen agreed on a plan to resume transit of Russian oil through the Druzhba pipeline, Fico said on March 10, as reported by Slovak daily SME.

10 March, 09:08 PM

Trump to lift some oil sanctions

U.S. President Donald Trump said that his administration would temporarily ease some oil-related sanctions in an effort to reduce fuel prices, CNN reported late on March 9.

10 March, 08:48 AM

U.S. poised to lift sanctions on Russian oil

The Trump administration is considering easing sanctions on Russian oil to help blunt the price shock caused by the U.S.–Israeli operation against Iran, Reuters reported on March 9, citing three people familiar with White House plans.

10 March, 02:22 AM

U.S. may lift sanctions on Russian oil as global prices surge

Washington is considering lifting sanctions on some Russian oil to increase supply as the U.S.–Israeli operation in Iran has paralyzed civilian shipping in the region, U.S. Treasury Secretary Scott Bessent said on March 6, as reported by Reuters.

7 March, 01:02 AM

Sybiha: Ukraine rejects ultimatums on Druzhba pipeline

Kyiv will not accept Hungarian ultimatums over the timeline for repairs to the Druzhba oil pipeline, Foreign Minister Andrii Sybiha said on March 6.

6 March, 11:12 PM

Orbán threatens to halt key Ukraine transit routes until Druzhba oil flows resume

Hungary will halt the transit of goods vital to Ukraine through its territory until oil shipments through the Druzhba pipeline resume, Hungarian Prime Minister Viktor Orbán said on March 6 during a broadcast on state radio, according to Hungarian news outlet 24.hu.

6 March, 12:28 PM

U.S. Treasury grants India 30-day waiver to buy stranded Russian oil

The USA issued India a 30-day sanctions waiver, allowing Indian refineries to purchase Russian oil now located on tankers at sea, U.S. Treasury Secretary Scott Bessent wrote on X on March 6.

6 March, 08:26 AM

U.S. to exempt Rosneft’s German subsidiary from sanctions indefinitely

In a lobbying victory for Berlin, the United States will exempt the German subsidiary of Russia’s Rosneft from sanctions indefinitely, Bloomberg reported on March 4.

4 March, 08:49 PM

Russia benefits militarily, economically from Iran war

The U.S.–Israeli war against Iran benefits Moscow in two ways: depleting Western stockpile of interceptors Ukraine desperately needs, and shoring up Russian finances through spiking oil prices, Russian journalist Mikhail Fishman told NV Radio on March 3.

4 March, 02:05 AM

Iran war boosts Russia’s oil revenues, expert warns

Oil price surge driven by fears of supply disruptions after the U.S.–Israeli attack on Iran is helping Russia, CNN reported on March 2, citing Brussels-based Bruegel think-tank.

2 March, 09:28 PM

Orban insists Druzhba oil pipeline intact; cites satellite photos

Hungarian PM Viktor Orban has once again urged Ukrainian President Volodymyr Zelenskyy to resume shipments of Russian oil via the Druzhba pipeline, claiming satellite imagery shows it to be intact.

2 March, 08:49 PM

Slovakia’s Fico agrees to Zelenskyy meeting; wants it held in EU

Slovak PM Robert Fico has accepted an invitation from Ukrainian President Volodymyr Zelenskyy to meet and discuss “all aspects of Ukrainian-Slovak cooperation,” Fico said on Feb. 27.

28 February, 01:52 AM

80% of Russian oil went to China and India in 2025

Russia exported roughly 80% of its oil in 2025 to just China and India while overall crude shipments declined 0.8% to 238 million tons, Russian Deputy Prime Minister Alexander Novak said on Feb. 27, according to Reuters.

27 February, 08:05 PM

Russia eyeing more oil sales to China but faces steeper discounts

Russia intends to maintain stable Urals crude oil exports in March by boosting shipments to China as India sharply cuts purchases following a trade deal with the United States, but Chinese buyers are pressing for even steeper discounts, Reuters reported on Feb. 26.

27 February, 02:30 PM

Russia ramps up supertanker oil shipments to China

Russia is rerouting more crude shipments to China on very large crude carriers after India sharply reduced purchases, pushing February deliveries to a record 2.09 million barrels per day, Bloomberg reported on Feb. 24.

25 February, 12:31 PM

EU to push for permanent ban on Russian oil after Hungary vote

The European Commission plans to propose legislation on April 15 that would permanently ban imports of Russian oil, three days after Hungary’s high-stakes parliamentary election, Reuters reported on Feb. 24, citing sources and a draft document.

24 February, 09:19 PM

Russian oil

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