Russian oil worth $1.3B is stuck at sea on tankers due to US sanctions, as China and India refuse to buy. According to Bloomberg, Russian crude oil is trapped at sea because of sanctions imposed by the US in January. The value of the raw material being transported is $1.35B. Approximately 7.7 million barr... #India #OilTankers #RussianOil #SanctionsAgainstRussia #ShadowFleetRussia
Four EU countries demand the return to pre-war quotas for Ukrainian agricultural products. Hungarian Agriculture Minister István Nagy stated: “We protect the interests of farmers from Ukrainian agricultural products. In a joint letter with my colleagues from Bulgaria, Romania and Slov... #AgroExportQuotas #agroexportukraine #DutyUkraine #Hungary #India #IstvánNagy #SunflowerOilExports
Russia will find itself on the verge of collapse if it loses China, a large oil customer. Trading in Russian oil for March loadings in Asia has stopped as China is faced with a wide price gap between buyers and sellers. This comes after tanker freight costs soared due to the latest round o... #China #India #OilTankers #RussianOil #SanctionsAgainstRussia #ShadowFleetRussia
Negotiation leverage: New oil sanctions will cause billions in monthly losses for Russia. The White House stated that new restrictions imposed against Russia are “the most significant sanctions against its energy sector.” They will cost Russia billions of dollars every month, a... #China #India #JoeBiden #RussianOil #SanctionsAgainstRussia
Russia’s oil export revenue is growing, allowing it to finance its war in Ukraine. According to KSE analysis, in October 2024, Russia’s oil export revenue increased by $1.2B, to $15.6B. 85% of deliveries were made by shadow tankers, which allowed Russia to evade the price limi... #India #RussianOil #RussiaProfits #SanctionsAgainstRussia #ShadowFleetRussia #Turkey
The EU continues to fuel the Russian economy by increasing fuel purchases from Russian oil in India. According to a report by the Center for the Study of Democracy (CSD), from January to August 2024 the EU bought almost 20% more fuel from three major Indian refineries that use Russian oil than last y... #India #IndianFuel #RussianEconomy #RussianOil #SanctionsAgainstRussia
Zelenskyy said that India can stop the Russian war against Ukraine, but instead, it chooses to help Russia import AI chips. According to President Zelenskyy, Indian Prime Minister Narendra Modi can influence the end of the war, as he is the head of a large state in terms of population, influence, and economy. The president... #India #NarendraModi #PeaceSummit2 #WarinUkraine #Zelenskyy
Russia produces more than 130 long-range missiles and 500 drones per month. Despite Moscow’s protests, Ukraine has been receiving ammunition from India for over a year. According to Ukrainian intelligence, the aggressor produces 132-171 long-range missiles per month. This is about the same as used for the record shelling on August 26. The production rate of Shahed-13... #DefenseIndustryRussia #India #RussianDrones #RussianMissiles #Russianweapons #WarinUkraine
The US and EU are pressuring Asia’s largest economies to abandon their support of Russia’s war effort. The US Treasury has warned that Indian banks will be subject to sanctions and will lose access to the US financial system if they cooperate with the Russian defense and industrial complex. “We k... #AnnalenaBaerbock #China #circumventionOfSanctions #DavidLammy #DualUseGoods #India #WangYi
