Russian oil

Trump greenlights new Congressional sanctions on Moscow, Sen. Graham says

U.S. President Donald Trump gave his “blessing” for Congress to vote on a Senate bill broadening presidential authority to impose secondary sanctions on Russian trade partners, Sen. Lindsey Graham (R-SC) said on Nov. 17.

18 November 2025, 01:13 AM

Russian oil price drops to early 2023 levels

The price of Urals crude at Russia’s Novorossiysk Black Sea port fell to $36.61 a barrel on Nov. 13, its lowest level since March 2023, Bloomberg reported on Nov. 17.

17 November 2025, 09:48 PM

U.S. delays Russia oil sanctions on Hungary for one year

The United States will delay sanctions on Hungary's imports of Russian oil and gas for at least another year, Secretary of State Marco Rubio told journalists after a G7 meeting in Canada on Nov. 12.

13 November 2025, 01:16 PM

Top Chinese refinery cuts Russian crude after Trump-era sanctions hit Rosneft, Lukoil

China’s Yanchang Petroleum refinery dropped Russian oil from its latest crude purchase tender covering deliveries from December to mid-February, Reuters reported on Nov. 11, citing two traders familiar with the matter.

11 November 2025, 01:05 PM

Hungary perfectly capable of cutting Russian oil imports, Croatia says

Disputing earlier statements by Hungarian authorities, Croatian PM Andrej Plenković said that the Adriatic oil pipeline operator JANAF has the capacity to replace Russian crude shipments to Hungary.

11 November 2025, 12:55 AM

U.S. senators slam Hungary over Russian oil imports ahead of Orbán-Trump meeting

A bipartisan group of U.S. senators has urged Hungary to abandon its purchases of Russian energy ahead of Prime Minister Viktor Orbán’s meeting with U.S. President Donald Trump in Washington, according to a resolution obtained by Bloomberg News on Nov. 7.

7 November 2025, 10:56 AM

Lukoil’s Volgograd refinery stopped by Ukrainian drone attacks—report

The Volgograd oil refinery, owned by Russia’s Lukoil, has halted operations after Ukrainian drones struck the facility in the early hours of Nov. 6, Reuters reported, citing sources.

6 November 2025, 09:54 PM

West clamps down on Rosneft and Lukoil — Moscow to lose $5.5bn monthly

New sanctions targeting Russia’s oil companies Rosneft and Lukoil could deprive the Kremlin of up to $5.5 billion in monthly revenues and significantly reduce its military capabilities, Ukrinform reported on Nov. 6.

6 November 2025, 11:37 AM

Lukoil's empire crumbles under U.S. sanctions

Lukoil's overseas operations are unraveling under U.S. sanctions, triggering a chain reaction of canceled oil shipments, staff cuts and asset sales, Reuters reported on Nov. 4.

5 November 2025, 06:55 PM

Refinery in Russia’s Nizhny Novgorod on fire after Ukrainian drone strike

Ukrainian drones attacked the Kstovo Refinery in Russia’s Nizhny Novgorod Oblast on Nov. 4, sources in Ukraine’s Defense Intelligence (HUR) told NV.

4 November 2025, 09:41 PM

Russian oil processing drops 18-20%—HUR

Ukraine’s Defense Intelligence (HUR) estimates that Russia’s oil processing volumes have fallen by as much as 20%, HUR spokesman Andriy Yusov said in a Telegram post on Oct. 30.

30 October 2025, 08:36 PM

U.S. exempts two German Rosneft subsidiaries from sanctions

The U.S. Treasury Department issued a license on Oct. 29, temporarily allowing certain transactions involving two German subsidiaries of Rosneft, Russia’s state-owned oil company sanctioned by the United States on Oct. 22.

29 October 2025, 09:56 PM

Trump to tighten sanctions on Russia, U.S. envoy to NATO says

U.S. President Donald Trump plans to push ahead with enforcing new sanctions against Russian oil companies to pressure dictator Vladimir Putin into ending the war in Ukraine, U.S. Ambassador to NATO Matthew Whitaker told Bloomberg on Oct. 28.

28 October 2025, 10:42 PM

Russia in denial about its own fuel crisis

Russia’s Energy Minister Sergey Tsivilyov dismissed Ukrainian drone attacks as a cause of his country’s fuel crisis, attributing higher prices instead to routine refinery maintenance and seasonal demand.

27 October 2025, 10:22 PM

Orban to plead with Trump for oil sanctions exemption

Hungarian PM Viktor Orban will travel to Washington next week to meet President Donald Trump and seek relief from U.S. sanctions on Russian oil, Orban said on Oct. 27.

27 October 2025, 09:51 PM

Rosneft, Lukoil valuations down $5 billion after U.S. sanctions

Shares of Rosneft and Lukoil, Russia’s two largest oil companies, tumbled sharply on the Moscow Exchange after the United States sanctioned them, independent Russian newspaper The Moscow Time reported on Oct. 24.

25 October 2025, 02:19 AM

‘The lowest low of war hysteria’: Poland’s Sikorski spars with Orbán’s aide over Russian oil imports

Polish Foreign Minister Radosław Sikorski and Balázs Orbán, political director to Hungarian Prime Minister Viktor Orbán, clashed publicly on Oct. 22 over Hungary’s continued imports of Russian oil.

24 October 2025, 10:23 AM

U.S. sanctions on Rosneft, Lukoil hit China's oil market

U.S. sanctions against Russian oil companies Rosneft and Lukoil have sparked concerns in China, where state and private refineries are scrambling to maintain supplies while dodging potential penalties, Bloomberg reported on Oct. 23.

23 October 2025, 06:37 PM

Ukraine’s General Staff confirms strikes on oil refinery in Novokuybyshevsk, gas plant in Orenburg

Ukraine’s Defense Forces struck Russia’s Novokuybyshevsk oil refinery in Samara Oblast, the Orenburg gas processing plant, and an oil depot in the temporarily occupied city of Berdyansk overnight on Oct. 19, the General Staff of Ukraine’s Armed Forces confirmed.

19 October 2025, 03:50 PM

ISW: Ukrainian drone attacks knock out a fifth of Russia’s oil refining capacity

Ukraine’s sustained campaign of strikes on Russian oil refineries is worsening the country’s fuel shortages and triggering record price spikes, the Institute for the Study of War (ISW) said in its Oct. 18 report.

19 October 2025, 10:58 AM

Russian oil

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