Russian Oil Price Cap
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Marine World
G7, EU Weigh Full Ban on Maritime Services for Russian Oil
The Group of Seven countries and the European Union are in talks to replace a price cap on Russian oil exports with…
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Marine World
EU Targets Russia’s Shadow Fleet with Sweeping Sanctions in 18th Package
The European Union has adopted its 18th package of sanctions against Russia, with significant measures targeting the maritime sector and…
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Marine World
EU’s New Russia Sanctions Aim for More Effective Oil Price Cap
The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures aimed at dealing further…
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Marine World
EU Fails to Approve New Russia Sanctions
The European Union did not approve the 18th Russia sanctions package on Tuesday, the EU’s foreign chief Kaja Kallas said…
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Marine World
European Commission Proposes Russian Oil Price Cap 15% Below Global Price
BRUSSELS, July 11 (Reuters) – The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price…
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Marine World
European Commission to Propose Floating Russian Oil Price Cap
The European Commission is expected to propose a floating Russian oil price cap this week as part of a new draft sanctions package…
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Marine World
Most G7 Members Ready to Lower Russian Oil Price Cap Without U.S.
Most countries in the Group of Seven nations are prepared to go it alone and lower the G7 price cap on Russian…
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Marine World
Greek Shippers Return to Russian Oil Market as Prices Slip Below G7 Cap
Greek shipowners are returning to Russia’s Urals oil market as the price slides below the Western price cap of $60 per…
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Marine World
Russian Oil Shipments Shift To Western Tankers As Prices Slump
By Julian Lee and Lucia Kassai Apr 11, 2025 (Bloomberg) –A slump in oil prices is allowing Russia’s crude to be…
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Marine World
New Sanctions to Test Russia’s Shadow Fleet Resilience
Sweeping U.S. sanctions on Russia’s oil industry will make it more expensive for Moscow to sell its oil and complicate sea-borne…
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