oil export

US to buy Iranian oil for first time in 30 years

The U.S. administration waived sanctions on the purchase of Iranian oil at sea ⁠for 30 days in its latest attempt to ease oil prices that have been driven up by the U.S.-Israeli war on Iran.

EU agrees on sanctions against Russian oil tankers

The EU representatives for the first time since the start of the special military operation agreed upon a block of sanctions outside the main sanction packages, a source in the diplomatic community in Brussels said.

Russia cuts oil exports

Alexander Novak announced the reduction of Russian oil exports on a voluntary basis. According to him, it will be done to balance the oil market.

Russia cuts oil exports

Russia loses money on decline in energy exports

According to the data of the Federal Customs Service (FCS), in 2020, Russia lost significant revenues due to a decrease in energy exports amid the coronavirus pandemic and a drop in demand. So, in January-October 2020, oil exports from …

Russia loses money on decline in energy exports
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