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The European Commission has proposed to ban selling oil tankers to Russia to slow down the country's growing hydrocarbon exports that bypass Western sanctions, Reuters reported on Nov. 17.
Any sales of tankers to a third country would include clauses forbidding the subsequent resale of ships to Russia or freighting Russian oil products in defiance of Western price caps, such as $60 per barrel of crude.
"The price cap mechanism relies on an attestation process that enables operators in the supply chain of sea-borne Russian oil to demonstrate that it has been purchased at or below the price cap," Reuters reported, citing the document.
Russia's hydrocarbon exports are a major source of the revenue it uses to maintain its war machine. After sanctions and import restrictions on Russian resources to Western markets, Russia has intensified the sale of oil to countries that haven't joined in, such as India and China.
Besides producing weapons and ammunition, oil revenue can also be used to pay competitive salaries to mercenaries and contract soldiers, enticing them to fight for against Ukraine.
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Saturday, August 15
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Ukrainian forces struck Russia's Savasleyka military airbase, which stores Mig-31 fighter jets capable of launching Kinzhal ballistic missiles, monitoring channels reported on Aug. 15.
Russia shuts down key Black Sea export terminal in Novorossiysk after drone attack, Reuters reports.
The Sheskharis oil terminal, one of Russia's main Black Sea export facilities, processes around 700,000 barrels of crude per day.
"The illegal export of Ukrainian grain from the temporarily occupied territories must have consequences for everyone involved: from companies and owners to captains and vessels," Sanctions Commissioner Vladyslav Vlasiuk said.
Friday, August 14
The Romanian Defense Ministry said on Aug. 14 that there is no evidence the population faces "increased risk," despite documenting four incidents involving drone wreckage in a single day.
At least 437 civilians in Ukraine were killed and 2,610 injured in July alone, a 30% increase from June. More civilians were killed or injured in July than any month since March 2022.
Ukrainians rally again for Fedorov reinstatement as organizers 'disappointed' in Zelensky's silence.
"The president has maximally disappointed me with his silence, especially considering that the lack of communication has effectively become the trigger for these protests," Dmytro Koziatynskyi, a war veteran and one of the protest organizers, said on social media.
The Ukrainian arms company Fire Point, whose missiles and drones have played a significant role in Ukraine's strikes on Russian oil refineries and logistics infrastructure, also got in on the social media action.
Albert Vasiliev, also known as Kyivstoner, is a blogger, actor, rapper, and a former member of the Griby band. Russia previously accused him of orchestrating a drone attack in Moscow Oblast in cooperation with Ukrainian security services, an allegation he denied.
The attack damaged at least one warehouse at the TIS terminal in Ukraine's Pivdennyi (Southern) Port complex, an agriculture-sector executive with knowledge of the matter told the Kyiv Independent under the condition of anonymity.
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Ust-Luga is one of Russia's largest ports on the Baltic Sea and home to an oil terminal that serves as a major hub for the export of crude oil and petroleum products.
Since Russia first occupied Ukrainian territory in 2014, Russian-occupied areas have gained a reputation for gangsterism and lawlessness.
