Urals crude

Rerouted Persian Gulf oil pipelines threaten Russia's energy revenues

The ongoing crisis in the Persian Gulf poses a lethal threat to Russia's Urals crude oil as energy-producing nations bypass the Strait of Hormuz, Ukraine's Foreign Intelligence Service (FIS) wrote on July 28.

28 July, 11:00 AM

Ukrainian drones spark massive fire at Russian oil export hub

Security Service of Ukraine (SBU) drones attacked the Samara linear production and dispatch station in Prosvet, Samara Oblast, Russia, where formation of the Urals export oil blend is being ensured, sources in the SBU told NV on April 21.

21 April, 01:44 PM

Bankruptcies hit small Russian oil firms amid U.S. sanctions, price crash

Small oil companies in Russia’s main producing regions have begun filing for bankruptcy as U.S. sanctions have driven Urals crude prices below $40 a barrel, forcing steep discounts and eroding export revenues, The Moscow Times reported on Feb. 17.

17 February, 05:50 PM

China increases Russian oil imports as India cuts back under sanctions pressure

China has sharply increased its imports of Russia’s Urals-grade crude oil to the highest level since 2023, after India slashed purchases amid tighter Western sanctions, Reuters reported.

19 January, 12:42 PM

Turkey cuts Russian crude imports—report

Turkey sharply cut its imports of Russian Urals crude oil in November as new U.S. sanctions on Moscow narrowed its supply options, Reuters reported on Dec. 1.

1 December 2025, 09:54 PM

India to continue importing Russian oil, finance minister says

India, one of the biggest sources of revenue for Moscow, will continue purchasing Russian crude despite punitive U.S. tariffs, Reuters reported on Sept. 5, citing Indian Finance Minister Nirmala Sitharaman.

6 September 2025, 02:04 AM

Indian refiners race to replace Russian crude under U.S. pressure - Bloomberg

Indian refineries, the world’s largest importer of Russian seaborne crude oil, are scouring the globe for alternative supplies ahead of the U.S.–Russia leaders’ summit, Bloomberg reported on Aug. 14.

14 August 2025, 03:18 PM

India scales back Russian oil purchases

State-owned Indian refineries will not buy Russian crude during the next purchasing cycle, in apparent reaction to U.S. tariff pressure, Bloomberg reported on Aug. 7.

7 August 2025, 09:37 PM

Biden’s exit strategy stalls as Türkiye’s largest refinery resumes Russian oil purchases

Türkiye’s top oil refiner, Tupras, resumed purchases of Russian Urals crude in April after halting imports earlier this year due to U.S. sanctions, Reuters reported on April 16, citing trade sources.

17 April 2025, 02:32 PM

Russia may escape U.S. tariffs but not the global economic fallout

At first glance, Russia appears to be sitting on the sidelines of the global trade war unleashed by the White House’s sweeping new tariff package. But as economist and CEPA fellow Alexander Kolyandr argues in an article published April 7, the Kremlin will not emerge unscathed.

9 April 2025, 04:25 PM

Urals crude