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
Trump may use sanctions to finish off Moscow, which is running out of money for the National Welfare Fund. German energy analyst Tom O’Donnell said that the latest US sanctions could significantly harm Moscow, and that generally, sanctions against Russian oil could become a key weapon for US Presiden... #DonaldTrump #RussianEconomy #RussianNationalWelfareFund #SanctionsAgainstRussia #TomO'Donnell
New EU sanctions against Russia: Which sectors will be hit? The EU may include a ban on aluminum imports in the 16th package of Russian sanctions, which will be adopted in February. The ban will be implemented in stages. The US and Britain have already banned ... #Rusalk #RussianAluminum #RussianLNG #SanctionsAgainstRussia #SWIFT
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
Trump is ready to lift restrictions on the supply of long-range weapons to Ukraine and continue sanctions in order to force Putin to negotiate. Future US National Security Advisor Michael Waltz said that US President-elect Donald Trump is ready to lift restrictions on the supply of long-range weapons to Ukraine to force Putin to sit down at t... #DonaldTrump #LongRangeWeapons #MikeWaltz #SanctionsAgainstRussia #WarEnding #WarinUkraine
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
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
Moscow’s secret war-financing scheme is on the verge of collapse as planned spending doubles. According to former Morgan Stanley and Bank of America financier Craig Kennedy, the Kremlin is using an additional war-financing scheme in the shadows through the use of preferential lending to defens... #CraigKennedy #Kremlin #PeaceTalks #RussiaBudget #RussianEconomy #SanctionsAgainstRussia
Six European countries have called on the G7 to lower the Russian oil price ceiling. Six EU countries have called on the European Commission to lower the price ceiling for Russian oil that has been set by the G7 countries. Measures aimed at reducing oil export revenues are crucial bec... #G7 #McFaulYermak #RussianOil #RussianOilPriceLimit #SanctionsAgainstRussia
The EU is confident that Trump will continue to support Ukraine but is wary of easing sanctions against Russia. US President-elect Donald Trump has extended the timeline for the implementation of his campaign promise to end the war in Ukraine in a day to several months. According to EU allies, this is a signal ... #DonaldTrump #SanctionsAgainstRussia #USmilitaryAid #WarEnding #WarinUkraine
The US is preparing new sanctions against Russia’s shadow fleet. The administration of US President Joe Biden plans to impose additional sanctions on tankers carrying Russian oil, Reuters writes. According to sources in the publication, the Biden administration pla... #RussianOil #RussianOilPriceLimit #SanctionsAgainstRussia #ShadowFleetRussia
To end the Russian war sooner, the West must tighten oil sanctions against Moscow. The administration of US President Joe Biden is considering tightening sanctions against Russia, in an attempt to reduce Russia’s ability to finance its military aggression, and creating the pre... #RussianOil #RussianOilPriceLimit #SanctionsAgainstRussia #SecondarySanctions #ShadowFleetRussia
Money above all: Russian sanctions are being weakened through exceptions. The US has made an exception to the sanctions imposed on Gazprombank to allow payment for Russian gas by Hungary and Turkey. The Hungarian Foreign Ministry believes the latest sanctions against Russia... #Gazprombank #Hungary #LPG #SanctionsAgainstRussia #Turkey
The EU approves the 15th package of Russian sanctions that includes Chinese companies. The EU Council has approved the 15th package of sanctions against Russia, which applies to 54 individuals and 30 legal entities. The sanctions include top managers of leading Russian energy companies,... #China #circumventionOfSanctions #JanetYellen #NorthKorea #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
EU ambassadors can’t reach an agreement on the 15th package of Russian sanctions because of Lithuania and Latvia. Representatives of EU countries were not able to approve the 15th package of sanctions against Russia, aimed at its elusive shadow fleet. According to EU diplomats, Lithuania and Latvia blocked the ad... #EuropeanCommission #Latvia #Lithuania #SanctionsAgainstRussia #ShadowFleetRussia
The European Parliament calls for Ukraine to be provided with Taurus missiles and additional Patriot systems amid the war’s new phase. The European Parliament has adopted a resolution on strengthening the EU’s unwavering support for Ukraine’s struggle against Russia’s aggressive war, in which it strongly criticizes ... #EuropeanParliament #MilitaryAid #PatriotSystems #SanctionsAgainstRussia #SupportUkraine #TaurusMissile
How do sanctions against Russia work, and what new restrictions are being prepared for the aggressor? Moscow allocated $7B to purchase microelectronics for the military-industrial complex but was not able to complete the purchase due to sanctions, said the Presidential Commissioner for Sanctions Polic... #AndriiPyshnyi #DefenseIndustryRussia #Gazprombank #Microchips #SanctionsAgainstRussia #ShadowFleetRussia
The EU is working to deploy new sanctions against the Russian shadow fleet by the end of the year; current restrictions affect less than 50% of Russian oil exports. According to Bloomberg, the sanctions package, which the EU plans to approve by the end of the year, will also include sanctions against those involved in this trade. Member states are still negotiati... #AgroRussia #RussianLNG #RussianOil #SanctionsAgainstRussia #ShadowFleetRussia
The European Parliament will adopt a resolution on the struggle with the Russian shadow fleet. This week, the European Parliament is preparing to adopt a resolution calling for more “targeted” measures against the Russian Federation’s shadow fleet. Russia’s continued eva... #EnvironmentalPollution #EuropeanParliament #RussianOil #SanctionsAgainstRussia #ShadowFleetRussia
The West is changing its position toward confiscation of frozen Russian assets. “If earlier the West spoke very cautiously about the possibility of using these assets, now we hear the statements of the G7 that these assets will remain immobilized. This is a ‘break in ... #AndriiPyshnyi #G7 #LoanForUkraine #nbu #RussianAssetsArrested #SanctionsAgainstRussia
The US wants additional guarantees regarding its share of the G7’s loan to Ukraine. The US wants to receive an additional premium on its share of Ukraine’s €45B loan to compensate for the sanctions-related risks that this agreement carries, wrote Politico. The premium being neg... #G7 #HungaryVeto #LoansForUkraine #RussianAssetsArrested #RussianAssetsProfits #SanctionsAgainstRussia
Russia’s upcoming financial crisis may provide a chance to end the war. The Foundation for Defense of Democracies notes that the Kremlin plans to spend $145B of its total $436B state budget on defense in 2025. This is more than 6.3% of Russia’s GDP, and the country’... #DefenseSpendingRussia #Kremlin #RussiaBudget #RussianEconomy #SanctionsAgainstRussia
Moscow still has dangerous combat forces that will enable it to engage in war, and oil revenue will be enough to finance aggression for several years. The commander of NATO forces in Europe, American General Christopher Cavoli, said that Russia has suffered significant losses in Ukraine but still has “dangerous fighting forces” that are ... #ChristopherCavoli #DefenseSpendingRussia #MilitarySpending #SanctionsAgainstRussia #WarinUkraine
The EU cannot eliminate its Russian dependence; purchases of metal products and LNG are increasing. The results of January-August 2024 show that the EU imported 3.9 million tons of metallurgical products of Russian origin. Analysts note that import costs reached €1.87B, and predict that by the end o... #MetallurgyRussia #Russiaexport #RussianEconomy #RussianLNG #RussiaProfits #SanctionsAgainstRussia
The EU is waiting for the US presidential election and the end of Hungary’s presidency before discussing new Russian sanctions and reassessing Ukraine’s Victory Plan. In January, EU countries plan to resume discussions about new restrictions designed to damage the Russian economy. That is when Hungary, Moscow’s closest ally in the EU, will complete its six-mo... #EUCouncil #Hungary #Poland #SanctionsAgainstRussia #USelections #VictoryPlan
Will the FATF decision destroy the aggressor country’s economy? The Financial Action Task Force (FATF) will decide on October 22 whether to add Russia to its blacklist. Publicly, the FATF has stated that it considers Russia’s aggression unacceptable, but in ... #FATF #RussianEconomy #RussianTrade #SanctionsAgainstRussia
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
An ex-Russian government leader calls for increased support for Ukraine and suggests a way to leave Moscow without enough resources to continue the war. A drop in oil prices to $40 per barrel within a year would lead to Russia lacking funds to wage its war against Ukraine, said former Russian Prime Minister Mykhailo Kasyanov at the Warsaw Security For... #MykhailoKasyanov #RussianEconomy #RussianOil #RussiaProfits #SanctionsAgainstRussia #WarinUkraine #WarsawSecurityForum
Experts have proposed a strategy to reduce Russian gas revenues. Since the start of the full-scale war, Russia has generated almost €800B from the sale of energy resources, of which €33B has been paid by EU countries for Russian LNG. The Center for Economic Strateg... #RussianGas #RussianLNG #RussiaProfits #SanctionsAgainstRussia #WTO
Russia’s oil revenue faces further decline as Saudi Arabia plans to increase its oil production while Europe focuses on sanctions against Russian LNG. Saudi Arabia is ready to abandon its unofficial price target of $100 per barrel of oil as it prepares to increase production and protect market share, writes the FT. From December, Saudi Arabia will i... #Belgium #GreatBritain #Netherlands #Oilmining #RussianLNG #RussianOil #SanctionsAgainstRussia #SaudiArabia
The European Parliament calls for an embargo on Russian LNG and sanctions against Gazprom. The European Parliament called on the EU to introduce a full embargo on Russian liquefied natural gas and sanctions against Gazprom and Russian oil companies. The MEPs advocate adding to the sanctions... #circumventionOfSanctions #Gazprom #Novatek #RussianLNG #SanctionsAgainstRussia #ShadowFleetRussia
Ukraine’s allies introduce new sanctions in response to Russia’s acquisition of Iranian missiles. Iran’s military support for Russia, including the recent delivery of Fath-360 ballistic missiles, has led the US to impose sanctions on ten individuals and six entities, located in Iran and Russ... #IranAir #IranianWeapons #IranSanctions #Sanctions #SanctionsAgainstRussia #WarinUkraine #WhiteHouse
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
The prolonged invasion has started to significantly impact the Russian economy negatively. According to Bloomberg, Russia’s overheated economy may begin to cool, based on Russian government statistics. While Russia’s GDP jumped more than 4% year-on-year in the second quarter, gr... #DefenseIndustryRussia #EmployeeDeficit #GDPrussia #InflationRussia #RussianEconomy #SanctionsAgainstRussia
Because of sanctions, Russia and China are returning to barter exchange of goods for the first time in 30 years. Russia and China are discussing barter trade agreements that will help bypass the US-controlled SWIFT international banking system and limit currency risks; the first such transaction could take place... #BarterAgreements #China #RussianTrade #SanctionsAgainstRussia #SWIFT
Ukraine has a plan to resolve the oil transit issue with Slovakia. Ukraine will guarantee the transit of oil from companies that are not subject to sanctions and is ready to settle the transit issue with Slovakia in accordance with the Association Agreement with the ... #DruzhbaPipeline #Hungary #LukOil #OilTransit #PeterSijarto #RussianOil #SanctionsAgainstRussia #Slovakia
Lukoil is increasing its oil exports by sea due to the ceasing of transit through Ukrainian territory, and Hungary accuses Ukraine of blackmail. The largest Russian private oil company, Lukoil, has increased oil exports through the country’s seaports, as supplies through the Druzhba pipeline to Slovakia and Hungary are currently suspende... #DruzhbaPipeline #GazpromNeft #Hungary #LukOil #OilTransit #Rosneft #SanctionsAgainstRussia
Sanctions are slowly destroying Russian businesses with payment issues. New US restrictions imposed in June have put local banks in countries that trade with Russia at a higher risk of so-called secondary penalties, which is delaying or disrupting payments to and from cou... #China #RussianBusiness #SanctionsAgainstRussia #SecondarySanctions #Turkey
The EU is preparing indefinite sanctions to be placed on Russian assets to enable Ukraine’s $50B loan as part of the G7 initiative. EU countries are discussing options for extending the period between reviews of the sanctions on the Russian central bank’s assets to ensure the operation of the G7 plan to provide Ukraine with ... #LoanForUkraine #RussianAssetsArrested #RussianAssetsProfits #RussianCentralBank #SanctionsAgainstRussia
The EU will adjust sanctions to ensure the earnings from frozen Russian assets are not interrupted. The EU has presented member states with two options to freeze Russian Central Bank assets for extended periods. It seeks to assuage US concerns over a G7 plan to leverage the profits from these assets... #G7 #LoanForUkraine #RussianAssetsArrested #RussianAssetsProfits #RussianCentralBank #SanctionsAgainstRussia #SupportUkraine
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
Slovakia threatens to suspend the supply of petroleum products to Ukraine over sanctions against Russian Lukoil. Slovak Prime Minister Robert Fico spoke over the telephone with his Ukrainian counterpart Denys Shmyhal, during which he criticized the inclusion of the Russian company Lukoil, whose oil is also used ... #DenysShmyhal #LukOil #MOL #RobertFico #SanctionsAgainstRussia #Slovnaft
Trump plans to ease sanctions against Russia, and Orban calls on the EU to restore relations with Russia and to prepare for the suspension of US aid to Ukraine. US presidential candidate Donald Trump considers easing sanctions against Russia as one of the components of his plan to end the war in Ukraine. “With sanctions, we push everyone away from us. T... #DonaldTrump #PeaceInUkraine #RussianUkrainianNegotiations #SanctionsAgainstRussia #VictorOrban #WarinUkraine
One more Russian industry has problems with exports due to the strengthening of American sanctions and the mass blocking of bank payments. Thus, Russian metallurgists faced a sharp drop following coal companies, which lost 17% of exports in January-June. According to Russian Railways, the export of metals by rail decreased by 14% compare... #MetallurgyRussia #PaymentsBlocking #Russiaexport #RussianEconomy #SanctionsAgainstRussia
The White House is in no hurry to increase pressure on the Russian shadow fleet due to a possible negative impact on the cost of energy carriers on the eve of the elections. Officials at the US Treasury Department have proposed new restrictions designed to halt a fleet of aging oil tankers that help transport Russian oil in defiance of international sanctions. However, as... #RussianOil #SanctionsAgainstRussia #ShadowFleetRussia #WhiteHouse
Ukraine must continue to target Russian oil refineries in order to weaken the aggressor’s economy. This year, Ukraine has struck at least 20 oil facilities in Russia with its drones. According to analysts, as of the end of March these strikes have reduced the production of light petroleum products ... #AttackOnRussia #OilRefineryRussia #RussianEconomy #RussiaOilRefineryDamages #SanctionsAgainstRussia
The Russian Federation’s economy is still far from a crisis, but if oil prices fall significantly, it will begin. This opinion was expressed by the Vice President of the Kyiv School of Economics, Elina Rybakova, who added that the Russian economy is overheated, but it is difficult to achieve a crisis if the West ... #OilEmbargo #RussianEconomy #RussianOil #RussianOilPriceLimit #SanctionsAgainstRussia #ShadowFleetRussia
Another dependence on the Russian Federation appeared in the EU, which threatens food security. A flow of cheap Russian fertilizers could drive European producers out of business, threatening long-term global food security. In particular, 33% of urea imports, the cheapest form of nitrogen fertil... #GlobalFoodSecurity #RussianFertilizers #SanctionsAgainstRussia #SKWpiesteritz #YaraInternational
