Russian oil

Revealing the world's largest Russian oil billionaire

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Reliance Group, owned by Indian billionaire Mukesh Ambani, has become the world's largest Russian oil buyer this year.

Serbia calls for US help for the fourth time while under Russian oil

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The Serbian oil and gas company asked the US to extend the sanctions exemption for the fourth time to continue importing Russian oil.

Breaking the G7 commitment barrier, a member country quietly imports Russian oil

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Breaking the G7's commitment to sanction Russia, Japan has just re- imported Russian oil directly, without intermediaries.

Hungarian businesses warn of economic consequences from EU ban on Russian oil

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The entire cut off of Russian oil would cost Hungary's MOL Zsolt Hernadi $500 million a year, said Hungarian oil company's CEO.

Oil tanker seized by Russia while leaving Estonia Port released, revealing next destination

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The Green Admire oil tanker with a national flag of Cuba was arrested by Russia on May 18 after leaving port in Estonia.

Russia arrests oil ship from Estonian port, tensions escalate in the Baltic Sea

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Russia seized a Greek tanker, flying a civil flag, on May 18 after it left Estonia's Baltic Sea port, the Estonian Foreign Ministry said.

Russian oil and gas prices to China drop sharply

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The amount of Russian oil and liquefied natural gas (LNG) imported into China in the first quarter of 2025 all decreased sharply.

EU country determined to completely end Russian oil after more than half a century of dependence

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The Czech Republic has announced an end to using imported Russian oil after 60 years of dependence, switching to a complete supply from the West.

An Eastern European country has yet to stop Russian oil

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The Czech Republic has yet to terminate Russian oil despite alternative options.

The Russian budget faces a storm

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Russian Urals are sliding to $50 a barrel, could seriously weigh on Moscow's budget.

Russian court decides to save strategic oil export route

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The Russian court decided not to suspend the operation of the oil export terminal of the Caspian pipeline operator pip pipeline pipeline pipeline consortium (CPC).

Russian oil remains strong despite sanctions

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Russian Deputy Prime Minister Alexander Novak stressed that the oil industry accounts for more than 10% of Russia's GDP and about 20% of the federal budget.

Mr. Trump threatens to impose 25% tax on Russian oil

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Mr. Trump has said he will impose a 25% tariff on Russian oil if Mr. Putin does not reach a ceasefire agreement in Ukraine.

The future of Russian oil and gas when sanctions are eased

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Russia's energy trade could change if Western sanctions are eased.

The largest pipeline of oil in Russia is interrupted

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Ukraine attacked the Kavkazskaya pumping station in Russia, disrupting oil transportation through the CPC pipeline system.