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western sanctions

US companies may be unknowingly helping Russia evade the oil price cap, Treasury warns

Tue, 04/18/2023 - 09:47

oil pipeline — Oil workers weld a new pipeline at PDVSA's Jose Antonio Anzoategui industrial complex in the state of Anzoategui.
Reuters/Carlos Garcia Rawlins

Markets, MI Exclusive, Russian Oil, Russian crude, Oil price cap, EU oil ban, western sanctions

Russia faces new sanctions to foil its efforts to get around the old ones

Fri, 04/14/2023 - 08:17

Russian President Vladimir Putin. — Russian President Vladimir Putin.
MIKHAIL KLIMENTYEV/RIA NOVOSTI/AFP via Getty Images

Markets, MI Exclusive, Putin, Russia, Ukraine, russia ukraine war, Sanctions

Putin says Russia lost $15 billion in oil and gas revenue last quarter, but thinks the hole can be filled in the next few months

Thu, 04/13/2023 - 09:27

putin russia — Russian President Vladimir Putin.
Contributor/Getty Images

Markets, MI Exclusive, Putin, russia economy, Russian GDP, russia ukraine war, Ukraine invasion

Russia's biggest airline reportedly sends first plane to Iran for repairs as sanctions cut off access to new replacement parts

Tue, 04/11/2023 - 16:47

Aeroflot. — Russia's biggest airline, Aeroflot, has reportedly sent one plane to Iran for maintenance by technicians at Mahan Air.
Media_works/Shutterstock

Transportation, Tech Insider, News, Military & Defense, Aeroflot, Russia, Mahan Air

Russia notched record-high oil sales last week despite sanctions and production cuts

Wed, 04/05/2023 - 11:56

Russia oil — A worker checks a pressure gauge at an oil pumping station near the Rosneft company owned Suzunskoye oil field, north from the Russian Siberian city of Krasnoyarsk, March 26, 2015.
REUTERS/Sergei Karpukhin

Markets, MI Exclusive, Russia Oil, Russian oil ban, russia economy, Oil price cap, EU oil ban

Russia will keep selling cheap oil at bumped-up levels to India - this is why they're both in it for the long haul, a top analyst explains

Sun, 03/05/2023 - 04:00

Oil exports — Russia has rerouted its oil exports away from Europe towards Asia.
Suriyapong Thongsawang/Getty Images

Markets, MI Exclusive, Commodities, Russian commodities, Oil, crude, Crude Oil

Russia's oil and gas revenue plunged 40% in January as western sanctions take a toll, IEA says

Wed, 03/01/2023 - 10:25

Putin oil — Russia's Prime Minister Vladimir Putin (R) visits the Novokuibyshevsk oil refinery near the city of Samara, Russia.
Reuters/RIA Novosti

Markets, MI Exclusive, Russian Oil, Russian crude, Russian oil ban, russian gas, russia ukraine war

Indian buyers for Russia's oil are drowning in price-cap paperwork and that could hit Moscow's sales, report says

Tue, 02/28/2023 - 11:53

Oil tanker — Russia's oil exports to India are running into paperwork holdups.
Felix Cesare/Getty Images

Markets, MI Exclusive, Oil, Commodities, Russia, India, China

Russian oil is being sold way above the EU price cap, researchers say

Mon, 02/27/2023 - 09:20

Oil rig Russia — An oil worker in Russia
Sergei Karpukhin/Reuters

Markets, MI Exclusive, Russia Oil, Russian oil ban, Oil price cap, EU oil ban, EU sanctions

Russia will slash oil exports 25% to try and push up crude prices for the west, report says

Thu, 02/23/2023 - 11:14

Putin — Russian President Vladimir Putin speaks on the phone in his office in Saint Petersburg, Russia, on December 15, 2018.
Aleksey Nikolsky/Sputnik/AFP via Getty Images

Markets, MI Exclusive, Russia Oil, Russian oil ban, oil prices, EU oil ban, Oil price cap

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