Russian Oil

Russian oil exports to China up 31 percent

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.

US allows sales of Russian oil until May 16

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.

US may continue easing sanctions against Russia

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.

Indonesia ready to purchase Russian oil

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.

US lifts sanctions on Russian oil for a month

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.

US may take some oil sanctions off

U.S. President Donald Trump announced that Washington will lift oil sanctions on some countries and may even refrain from reinstating those.

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