Latest news and articles about Russian oil from NEX English
Turkey is set to cut its imports of Russian Urals crude oil to approximately <strong>161,000 barrels per day</strong> this month, marking the lowest level in over a year and a half. This decision comes amid rising global oil prices and changing market dynamics.
Indonesia plans to start importing crude oil from Russia within two weeks, following the completion of technical agreements. This initiative is part of a strategy to import a total of 150 million barrels by 2026.
Indonesian Energy Minister Bhakti Lahaadalia announced the commencement of crude oil imports from Russia as part of a strategy to enhance the country's energy security. This initiative comes amid ongoing global geopolitical challenges affecting energy supplies.
On Tuesday, EU foreign policy chief <strong>Josep Borrell</strong> called on Southeast Asian partner countries to refrain from importing oil from <strong>Russia</strong>, aiming to increase pressure on Moscow amid rising geopolitical tensions due to the war in <strong>Ukraine</strong>.
Indonesia has announced its intention to import <strong>150 million barrels</strong> of Russian oil, disregarding recent European sanctions targeting the Karimun port. This move highlights the growing divide between Western efforts to isolate Moscow and Asia's pursuit of energy security.
The Philippine Department of Energy announced that the United States has approved an extension for the Philippines to import Russian oil and petroleum products until May 2026. This decision reflects the growing economic relations between the two countries.
India's imports of Russian oil saw a significant increase in March, reaching <strong>2.25 million barrels per day</strong>. This rise reflects New Delhi's growing reliance on Russian supplies as shipments from the Middle East decline.
Data indicates that shipping traffic through the Strait of Hormuz, a crucial global maritime passage, has nearly ceased as only three crossings were recorded in 12 hours on Monday. This halt comes amid ongoing British sanctions on the oil tanker 'Nero' linked to Russian oil.
Cuba has received a shipment of <strong>100,000 tons</strong> of Russian crude oil at the Matanzas port, aimed at alleviating the ongoing energy shortage in the country. This delivery, made by the Russian vessel 'Anatoly Kolodkin', represents a temporary boost for the island amid fuel restrictions.
India is preparing to import the largest quantity of Venezuelan crude oil in six years, aiming to compensate for supply shortages from the Middle East due to ongoing conflicts. More than 12 million barrels are expected to arrive in India this month.
Slovak Prime Minister Robert Fico called on the European Union to lift sanctions on Russian oil and gas imports, emphasizing the need to resume oil flow through the Druzhba pipeline to address the escalating energy crisis.
Hungary's Foreign Minister, <strong>Péter Szijjártó</strong>, urged the European Commission to urgently lift the ban on importing oil and gas from <strong>Russia</strong>, warning of an impending energy crisis due to fuel shortages and rising gasoline prices.
Satellite images have confirmed that the oil terminal at the Russian port of Ust-Luga remains undamaged following a series of drone attacks by Ukraine. These attacks are part of an ongoing escalation in the conflict between the two countries.
The Kazakh Ministry of Energy announced that the US administration has approved the continued transit of Russian crude oil through pipelines to China until March 2024. This decision reflects the intertwined economic relations between the two countries amid rising geopolitical tensions in the region.
A Russian oil tanker named <strong>Anatoly Kolodkin</strong> has docked at <strong>Matanzas</strong> port in eastern <strong>Havana</strong>, carrying approximately <strong>730,000 barrels</strong> of crude oil. This shipment is the first of its kind to reach Cuba since the U.S. imposed a comprehensive embargo on the country last January, exacerbating the struggles of the Cuban people.
Ukraine has prohibited the inspection of the Druzhba oil pipeline, raising questions in Europe about the motivations behind this decision. This follows claims by Ukrainian President Volodymyr Zelensky that the pipeline was struck by Russian forces.
Ukrainian President Volodymyr Zelensky announced that Ukraine is willing to reduce strikes on the Russian oil sector if Moscow halts its attacks on Ukraine's energy infrastructure. This comes amid rising global energy prices.
The White House confirmed that the delivery of Russian oil to Cuba was motivated by humanitarian reasons, reflecting the challenges faced by the Caribbean island. This announcement comes amid Cuba's ongoing economic crises, highlighting complex international relations.
Sri Lanka's state-owned oil company is in talks with Russian oil firms to import petroleum products as the Middle East conflict impacts oil flows and prices. This move comes as buyers seek alternative shipments.
U.S. President Donald Trump stated that the arrival of a Russian oil tanker in Cuba will not alter the island's dire situation, describing it as 'finished.' He indicated that the shipment would not benefit Russian President Vladimir Putin.
Petron Corporation of the Philippines announced plans to increase its oil purchases from Russia to enhance its fuel reserves amid ongoing tensions in the Middle East. This move comes as the country faces significant challenges in securing energy supplies.
A Russian oil tanker carrying crude oil has entered Cuban waters and is expected to reach port on Monday. This development may provide Cuba with a new opportunity as US oil sanctions on the island begin to ease.
The United States has permitted Russian oil tankers to send shipments of crude oil to Cuba, amidst the ongoing energy blockade affecting the island. The shipment, containing approximately <strong>730,000 barrels</strong>, is expected to arrive in Cuba to bolster its energy needs.
Former U.S. President <strong>Donald Trump</strong> has announced that he does not oppose the arrival of a Russian oil tanker in <strong>Cuba</strong>, despite the ongoing U.S. embargo. This statement comes as Cuba faces a severe energy crisis.
US authorities have allowed a Russian oil tanker to sail to Cuba after months of a stringent oil blockade on the island. This decision raises questions about its impact on international relations.
A Russian-flagged oil tanker entered Cuba's exclusive economic zone on Sunday, marking the first oil import in over two months. This development comes as Cuba faces a severe fuel shortage.
The United States has allowed a Russian oil tanker carrying <strong>700,000 barrels</strong> of oil to head to Cuba, reflecting a potential easing of the embargo on the island. The tanker is expected to arrive next Tuesday, which may help alleviate Cuba's ongoing energy crisis.
The Trump administration plans to permit a Russian oil ship to dock in Cuba, aiming to alleviate the island's energy crisis exacerbated by U.S. sanctions. This decision comes at a sensitive time for international relations.
The US Coast Guard has permitted a Russian oil tanker carrying approximately <strong>730,000 barrels</strong> of oil to reach Cuba, providing vital supplies to the island after months of an oil blockade. The tanker is expected to arrive in Matanzas by Tuesday.
The U.S. housing market faces increasing challenges as the average mortgage rate rises to <strong>6.38%</strong>. This spike comes amid fears of sustained inflation due to ongoing conflicts in the Middle East, while India seeks to resume its imports of Russian oil after a temporary reduction.