Ukraine confirms US is now protecting Putin’s oil assets
World News

Ukraine confirms US is now protecting Putin’s oil assets

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After more than a year of speculation and unofficial commentary, two of Ukraine’s top officials have now publicly confirmed what many analysts long suspected: the United States has asked Ukraine not to strike Russian oil and energy infrastructure. The first acknowledgment came from President Volodymyr Zelensky following a large-scale Russian missile, drone, and ballistic attack on Ukraine’s energy facilities.

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Russia Evading Oil Sanctions with Night Transfers Near Greece and Cyprus, Ukraine Warns
World News

Russia Evading Oil Sanctions with Night Transfers Near Greece and Cyprus, Ukraine Warns

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Russia is using covert maritime operations in international waters near Greece and Cyprus to evade Western oil sanctions and maintain critical revenue flows for its war effort in Ukraine, according to a recent disclosure by Ukraine’s military intelligence agency. In a statement published this week, Ukraine’s Main Directorate of Intelligence (HUR) identified a specific Aframax-class oil tanker—IMO 9247443—as a key vessel involved in these operations.

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U.S. Preventing the Lowering of Russian Oil Price Cap, Shielding Kremlin Revenue Amid War
Economy & Business, World News

U.S. Preventing the Lowering of Russian Oil Price Cap, Shielding Kremlin Revenue Amid War

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As Ukraine’s Western allies tighten the economic noose around Moscow, the United States has moved to block efforts by European G7 partners to lower the $60 per barrel cap on Russian oil exports—effectively preserving a key revenue stream for Vladimir Putin’s war machine.

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Europe May Lower Russian Oil Price Cap Without U.S., Estonian Premier Says
Uncategorized

Europe May Lower Russian Oil Price Cap Without U.S., Estonian Premier Says

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The European Union is weighing a move to tighten its sanctions regime against Russia by lowering the price cap on Russian oil, and may proceed even without the backing of the United States, Estonian Prime Minister Kaja Kallas said on Tuesday. Speaking at the Brussels Forum, Kallas emphasized that European nations control the main maritime routes through which Russian oil flows—particularly the Baltic and Black Seas—granting them leverage to act independently if necessary.

Europe May Lower Russian Oil Price Cap Without U.S., Estonian Premier Says Read Post »

Russia’s Oil, Gas, and Coal Sectors Enter Freefall as Losses Accelerate
Crisis in Russia, Economy & Business

Russia’s Oil, Gas, and Coal Sectors Enter Freefall as Losses Accelerate

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Russia’s extractive industries are in deep crisis, according to new data from the Russian state statistical agency Rosstat. In February and March 2025, the country’s oil, gas, and coal sectors recorded catastrophic losses, marking the most severe collapse in industrial profitability since the invasion of Ukraine began. The numbers are unambiguous. The total profit from Russia’s mining sector fell -61% year-on-year in February, followed by a staggering -89% drop in March.

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Russia’s 4th Largest Oil Company Goes Negative, Reporting Deep Losses for Q1 2025
Economy & Business

Russia’s 4th Largest Oil Company Goes Negative, Reporting Deep Losses for Q1 2025

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One of Russia’s most secretive and politically significant oil giants, Surgutneftegas, has reported a staggering net loss of 439.7 billion rubles in the first quarter of 2025—its worst result in decades. Once a symbol of stability and hidden wealth within the Kremlin’s orbit, the company’s reversal is now a warning sign of a deepening crisis across Russia’s energy sector. For comparison, Surgut posted a profit of 268.5 billion rubles in Q1 2024.

Russia’s 4th Largest Oil Company Goes Negative, Reporting Deep Losses for Q1 2025 Read Post »

Russia’s Oil Exports Plunge -29% in One Week as Port Loadings Collapse Under New EU Sanctions
Economy & Business

Russia’s Oil Exports Plunge -29% in One Week as Port Loadings Collapse Under New EU Sanctions

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If this week’s Russian oil exports data is an indication, it appears that Ukraine’s allies had the power to turn off Putin’s cash machine all along. Russia’s oil export system is now under severe pressure, with a dramatic -29% weekly drop in crude shipments signaling a new stage in the unraveling of the Kremlin’s war economy.

Russia’s Oil Exports Plunge -29% in One Week as Port Loadings Collapse Under New EU Sanctions Read Post »

Putin’s oil economy in trouble as Profit at Rosneft falls -57% with production at 9 year low
Crisis in Russia, Economy & Business

Putin’s oil economy in trouble as Profit at Rosneft falls -57% with production at 9 year low

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Russia’s oil sector, long the cornerstone of its economy, faces mounting challenges that threaten to undermine the Kremlin’s financial stability. Recent corporate data reveals significant strain across the industry, with Rosneft’s Q1 2025 results painting a particularly stark picture of the pressures facing Russia’s energy giants. Financial Performance Signals Deepening Crisis Rosneft’s latest quarterly report exposes the depth of the sector’s struggles.

Putin’s oil economy in trouble as Profit at Rosneft falls -57% with production at 9 year low Read Post »

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