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Pavel Felgenhauer: Russia and NATO locked in high-risk standoff in Mediterranean and Black Seas

Pavel Felgenhauer: Russia and NATO locked in high-risk standoff in Mediterranean and Black Seas

by Pavel Felgenhauer

On Wednesday, January 26, the United States’ ambassador in Moscow, John Sullivan, personally delivered a memorandum to the Russian Ministry of Foreign Affairs containing the official US reply to earlier Russian demands on security guarantees. Simultaneously, the North Atlantic Treaty Organization (NATO) handed over to Moscow its separate written response.

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Russia's crude exports fall to lowest level since February.

Seaborne crude flows averaged 3.12 million barrels a day over the four weeks to July 6, a 3% decline from the previous period ending June 29, according to tanker-tracking data compiled by Bloomberg. That's the lowest level recorded since the four-week period ending Feb. 23.
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