Georgia sets record for oil purchases from Russia
The volume of Russian oil purchased by Georgia last month reached a historic high. This figure had never been recorded before.
The volume of Russian oil purchased by Georgia last month reached a historic high. This figure had never been recorded before.
Russia’s crude oil supplies to China have increased by 31% in Q1 2026 year-on-year to 31.86 mln tons, according to figures released by the General Administration of Customs of China.
The U.S. administration plans to resume its sanctions against Russian oil after it is no longer necessary to lower energy prices amid the developments around Iran, U.S. Secretary of Energy Chris Wright said.
The United States renewed a waiver allowing countries to buy Russian oil until May 16, according to a general license published on the OFAC website of the U.S. Treasury Department.
Acording to the US Treasury Secretary, Russiain and Iranian oil will remain subject to sanctions, without any exceptions.
U.S. sanctions on Russian oil are back on after the U.S. administration let a waiver expire this weekend, Politico reported.
Special presidential envoy and Russian Direct Investment Fund (RDIF) CEO Kirill Dmitriev urged UK and EU officials to acknowledge their mistakes and resume purchasing and using Russian oil and gas.
The United States confirmed during talks with representatives of allied countries its intention to continue the process of easing sanctions on Russian oil amid rising global prices, Bloomberg reported citing sources.
Russia will not supply oil to the countries that maintain a price ceiling, Deputy Foreign Minister Andrey Rudenko said. The energy markets …
U.S. authorities will allow a Russian oil tanker to reach Cuba despite Washington’s energy blockade of the island, The New York Times reported.
According to Prime Minister Robert Fico, Slovakia may oppose the EU's adoption of a new package of anti-Russian sanctions.
The demand for Russian oil is high globally and Russia may soon find it difficult to satisfy it, Kremlin Spokesman Dmitry Peskov said.
U.S. Treasury Secretary Scott Bessent said the maximum extra amount of oil revenue Russia could get would be $2 billion.
Indonesia has announced its readiness to purchase oil from Russia following the partial lifting of U.S. sanctions on the Russian energy resource, the country's Minister of Energy and Mineral Resources Bahlil Lahadalia said.
Washington may reinstate US sanctions against Russian oil once the conflict with Iran is resolved.
The flow of Russian oil into global markets following the easing of US sanctions is helping stabilize them, Kremlin Spokesman Dmitry Peskov said.
Russia sees U.S. moves to ease oil sanctions against Russia as an attempt to stabilize energy markets, Kremlin Spokesman Dmitry Peskov told a briefing.
Washington has temporarily lifted restrictions to the sale of Russian oil and petroleum products loaded onto tankers by March 12, with the sanctions relief set to last for a month.
The Georgian port of Kulevi will remain free from sanctions, as the EU has determined that there are no grounds to impose any restrictions on it.
U.S. President Donald Trump announced that Washington will lift oil sanctions on some countries and may even refrain from reinstating those.