The European Union is considering imposing new restrictive measures against Russian companies Lukoil and Rosneft as part of preparations for the 21st sanctions package, Politico reported, citing documents related to negotiations on sanctions policy.
According to media reports, the EU's price cap on Russian oil may be frozen amid the ongoing blockade of the Strait of Hormuz.
Following Washington's example, the UK has loosened restrictions on Russian oil due to the tensions in the Strait of Hormuz.
The USA government has opted to temporarily ease sanctions on Russian oil in response to the necessity of stabilizing the energy market.
The global oil market is experiencing a deep crisis, with large volumes of oil not reaching the market, Russian Deputy Prime Minister Alexander Novak said.
Oil has resumed flowing through the Druzhba pipeline to Slovakia after a three-month shutdown, Slovak Economy Minister Denisa Sakova said.
Russia is ready to consider new oil supplies and other support steps for Cuba, if necessary, Russia's Deputy Foreign Minister Alexander Pankin said.
Washington has prolonged the partial easing of sanctions on Russian and Iranian oil as problems in the Strait of Hormuz remain unresolved.
Ukraine will resume transit of Russian oil to Hungary via the Druzhba pipeline at noon on April 21, Hungarian Minister for European Union Affairs Janos Boka said.
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.
