The US has come up with a way to combat the Russian shadow fleet while also addressing its national debt through a single solution. A new bill has been introduced in the US aimed at tackling Russia’s shadow fleet of tankers that that are employed to transport oil, circumventing Western sanctions related to the war in Ukraine... #JoniErnst #OilTankers #RichardBlumenthal #RussianOil #SanctionsAgainstRussia #ShadowFleetRussia
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
The EU is preparing to seize shadow tankers on a primary Russian oil export route. European nations are engaged in closed discussions centered on confiscating clandestine Russian oil tankers in the Baltic Sea, a key pathway for transporting Russian oil via aging vessels. Approximate... #BalticSeaPorts #OilTankers #RussianOil #SanctionsAgainstRussia #ShadowFleetRussia #Zelenskyy
Biden’s farewell sanctions have collapsed Russian oil prices. In the last days of his term, the Biden administration imposed strict sanctions against more than 180 Russian tankers, dozens of oil trading and insurance companies, and two production companies. Afte... #JoeBiden #OilRevenuesRussia #OilTankers #RussianOil #RussianOilPriceLimit #SanctionsAgainstRussia #ShadowFleetRussia
Russia has growing problems exporting its oil as the latest sanctions hit the “shadow fleet” hard. Russian tankers have used various tactics to circumvent restrictions and deliver Russian oil while concealing its source. But now the “shadow fleet” consisting of about 1,300 ships is face... #Oilexport #OilTankers #RussianOil #RussiaProfits #SanctionsAgainstRussia #ShadowFleetRussia
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
The US has imposed restrictions on unfinished Russian oil tankers, and the EU has found a way to circumvent Hungary’s veto on Russian sanctions. Six Russian oil tankers being built at the Zvezda shipyard have been included in US sanctions among 183 total affected vessels. This is the first time tankers have been blacklisted before having set s... #Hungary #OilTankers #RussianOil #SanctionsAgainstRussia #VictorOrban
Tankers are anchored, and stocks are losing value: What is happening to the Russian oil industry after new US sanctions? At least 65 oil tankers have dropped anchor off the coast of China and Russia after the US announced a new package of sanctions. Data from ship tracking services show that five tankers have stopped mo... #Gazprom #MoscowExchange #OilTankers #Rosneft #RussianOil #SanctionsAgainstRussia
Despite the shadow fleet, Russia is losing revenue from a key source of financing for its war in Ukraine. Russia’s oil export revenues fell by $1.1B to $14.6B in November 2024 due to lower oil prices and export volumes, according to a study by the KSE. In November, Russian crude oil exports by sea fell by... #circumventionOfSanctions #OilTankers #RussianOil #RussiaProfits #SanctionsAgainstRussia #ShadowFleetRussia
Despite sanctions, the volume of Russia’s shadow fleet has increased by 70% in one year. According to KSE analyses, Moscow has increased the volume of its shadow fleet of oil tankers by almost 70% despite restrictions targeting insurers and shipping companies. The volume of Russian oil tr... #OilTankers #RussianOil #SanctionsAgainstRussia #ShadowFleetRussia
Despite circumventing sanctions and increasing its oil sales, Russia has failed to increase profits. Russia, due to the introduction of a complex of sanctions targeting trading companies and the shadow tanker fleet, and despite an increase in sales by 15-20%, cannot increase the profits generated fro... #OilTankers #RussianOil #RussiaProfits #SanctionsAgainstRussia #ShadowFleetRussia
Europe will increase pressure on the Russian shadow fleet, but Moscow is preparing for restrictions on LNG. 44 European countries have agreed on the introduction of measures against the Russian Federation’s so-called shadow fleet, which is used to circumvent international restrictions. The joint ̶... #LNG #OilTankers #RussianLNG #SanctionsAgainstRussia #ShadowFleetRussia
