Russian Oil Price Cap
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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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Marine World
Yellen: Soft Oil Market Opens Door to Squeeze Russia Further
The United States is continuing to look for creative ways to reduce Russia’s oil revenue and lower global demand for…
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Marine World
Russia’s Sovcomflot Says G7 Sanctions Make Oil Trade Less Safe
By Bloomberg News (Bloomberg) — Russia’s state-run oil tanker company Sovcomflot PJSC said that western sanctions on ships moving the nation’s…
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Marine World
India’s Crude Oil Imports from Russia Surge 1000%
India now sources 40% of its crude oil imports from Russia, with year-to-date volumes averaging 1.6 million barrels per day…
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Marine World
U.S. Weighs Additional Sanctions on Russia-China Trade
WASHINGTON, May 28 (Reuters) – The United States and its partners are prepared to use sanctions and export controls to prevent China-Russia…
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Marine World
Western Insurers Say Russian Oil Price Cap Pushing More Ships to ‘Shadow Fleet’
LONDON, April 30 (Reuters) – A group of Western insurers has said a Russian oil price cap has become unenforceable and only pushed more…
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Marine World
G7 Price Cap on Russian Oil ‘Increasingly Unenforceable’, Insurers Warn
By Alex Longley and Julian Lee (Bloomberg) — A Group of Seven-imposed cap on the price of Russia oil is becoming…
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Marine World
Tanker Operators Navigate Russian Crude Trade Amid Sanctions
Despite restrictions, the Russian crude trade is expected to continue at discounted prices, benefiting the crude tanker market for vessels…
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Marine World
Two Tankers With Russian Crude Idle for Weeks Off India
By Sherry Su (Bloomberg) — Two tankers carrying Russian flagship Urals crude have been idling off the West Coast of India…
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