Russia’s war machine is still making plenty of cash from il exports. An increase in the rate of export duty charged on crude oil shipped out of Russia in July has helped the Kremlin to ride out a slump in revenue inflow in the first full week of the month. Duty rates ... #RussianAgression #RussianOil #RussianOilExport
The G7 group might impose tariffs on Russian oil as an alternative to an embargo. Representatives of the US Treasury Department, at a meeting of G7 finance ministers, will propose that the EU introduce tariffs on Russian oil as a faster alternative to a direct oil embargo. The US ... #G7 #OilEmbargo #RussianOil #Sanctions
Germany accuses Russia of using energy as a weapon. German Vice-Chancellor and Economy Minister Robert Habeck accused Russia on Thursday of using energy “as a weapon,” following an announcement by the Russian government on Wednesday to impo... #Germany #RobertHabeck #RussianAgression #RussianOil
Japan will impose an oil embargo on Russia. After Sunday’s online meeting of G7 leaders, Japanese Prime Minister Fumio Kishida said that Japan would impose a ban on Russian crude imports as part of the G7’s decision to counter Russi... #FumioKishida #JapanOilEmbargo #OilEmbargo #RussianOil
How much will it cost Europe to give up Russian oil? For the European Union, abandoning Russian hydrocarbons is a matter of political will, not survival. The embargo on Russian oil will cost about €100 for each adult European, as stated on nv.ua by E... #EUenergy #HermanGalushchenko #RussianOil
The head of the European Council is convinced that the EU will agree on oil sanctions against Russia. European Council President Charles Michel is confident that the European Union will impose sanctions on Russia’s oil sector. He said the EU would end its dependence on Russian energy and that n... #CharlesMichel #EUsanctions #EUsanctionsPackage #RussianOil
The EU might abandon Russian oil by the end of the year. The European Union intends to propose a ban on Russian crude by the end of the year and gradually impose restrictions on imports. According to Bloomberg, the EU will also insist on disconnecting more ... #EUbanRussianOil #EUsanctions #RussianOil #WarinUkraine
Russia’s revenues from energy sales to EU countries almost doubled. Since the beginning of the full-scale invasion of Ukraine, Russia’s revenues from the sale of fossil fuels to EU countries have almost doubled, reported the Finnish Center for Energy and Clean ... #RussianAgression #RussianEnergy #RussianOil #RussiaProfits
The European Union fails to agree on the Russian energy embargo. The European Union fails to agree on the Russian energy embargo. #EUsanctions #JosepBorrell #OilEmbargo #RussianOil
The EU expects the sixth package of sanctions against Russia this week. The EU expects the sixth package of sanctions against Russia this week. #RussianOil #RussianOilEmbargo #Sanctions #WarinUkraine
Germany will abandon Russian oil imports by the end of 2022, and then gas. Germany will halve Russian oil imports #AnnalenaBaerbock #Germany #RussianOil
Russia’s oil companies are losing profits due to export difficulties. The Head of the Office of the President of Ukraine, Andriy Yermak, said that Russian companies’ average daily volume of oil refining decreased by 6% in the first half of April. According to Reut... #BanRussianOil #Oil #RussianOil
Russia faces a significant oil production decrease due to sanctions . The International Energy Agency (IEA) predicts that the fall in oil production in Russia due to sanctions in April will be 1.5 million barrels per day and rise to 3 million barrels per day the follo... #OilEmbargo #RussianOil #RussianOilBan
The US Congress has approved an embargo on energy from Russia. The US Congress has voted to tighten sanctions against Russia, backing an embargo on Russian energy and depriving Russia of its trading partner status, reported Reuters. The Senate unanimously voted ... #BanonrussianOIl #Embargo #RussianOil #UScongress
MEPs demand a full embargo on Russian oil, coal, nuclear fuel, and gas imports. The European Parliament expressed indignation over reported atrocities by the Russian armed forces and demanded that perpetrators of war crimes be held accountable. A resolution including this demand ... #Embargo #MEP #RussianOil #СанкціїРосіі
The EU may impose an embargo on Russian oil and gas. EU ambassadors plan to meet on April 6 to discuss a package of new sanctions against Russia in connection with Russia’s aggression against Ukraine, reported The Financial Times. Sanctions propos... #Embargo #EUandRUssia #OilEmbargo #RussianOil
Russia could end the year with a record surplus of $240B from energy exports. Due to record oil and gas prices, the main products of Russian exports, even with reduced energy sales, the aggressor state will receive about $321B in revenue. This is more than a third more than in ... #RussianGas #RussianOil #Sanctions
Zelenskyy calls on Europe to abandon Russian oil as soon as possible. President of Ukraine Volodymyr Zelenskyy called on Europe to give up Russian oil as soon as possible during a speech to the Danish parliament. “Long before this war, it was obvious that humanit... #BanRussianOil #RussianOil #SanctionsAgainstRussia #Zelenskyy
Russian oil companies have difficulties selling their products on the market. Zarubezhneft’s tender for the sale of six batches of Urals oil was unsuccessful, as none of the buyers responded to the offer. The total volume of oil offered for sale amounted to 600,000 tons ... #NobodyBuysRussianOil #RussianAgression #RussianOil #RussianOilSanctions
The US Congress is preparing a plan to block Russian oil and may approve $10B in aid to Ukraine. U.S. House Speaker Nancy Pelosi said Sunday that the House is studying legislation to ban Russian oil imports, and Congress intends to approve $10B in aid to Ukraine this week. “The House of Re... #RussianOil #RussianOilSanctions #UScongress #ussanctions
