Hungary will not face oil shortages due to Ukraine's decision to block Lukoil PJSC's crude transit, according to Zsolt Hernadi, CEO of Hungarian oil and gas conglomerate MOL Group.
Kyiv is open to participating in consultations with the European Union on the transit of Russian Lukoil's oil if Brussels decides to use "an appropriate mechanism," Heorhii Tykhyi, Foreign Ministry's spokesman, said on July 30.
Earlier in the morning of July 30, Kursk Oblast Governor Alexei Smirnov claimed that air defenses in the oblast had intercepted four Ukrainian missiles.
In June, Kyiv imposed sanctions blocking the transit of pipeline oil from Lukoil to Central Europe to cut off the Kremlin's source of income used to support its military.
The Slovak leadership also threatened unspecified repercussions against Ukraine, reminding Slovakia's key role as an electricity supplier amid Ukraine's energy deficit.
Ukrainian authorities charged pro-Russian oligarch Viktor Medvedchuk in absentia with illegal seizure of the Samara-Western direction oil pipeline several years ago, the Security Service of Ukraine (SBU) said on July 24.
The Indonesian state-owned refinery Pertamina has included Russian crude oil grades in its September tender lists for purchase, Reuters reported on July 23, citing three traders.
"The Commission has three days to execute our request, after which we will bring the issue to court," Hungarian Foreign Minister Peter Szijjarto said, calling Ukraine's decision "an unacceptable move," which "violates the EU-Ukraine Association Agreement."
The restrictions have created supply shortages in Budapest, which depends on Russia for 70% of its oil supply, with Lukoil providing half of that volume, according to Politico.
London imposed sanctions on 11 more tankers that help Russia carry oil to third countries on July 18, the U.K. government announced.
India's state-run refiners are in talks with Russia about a long-term oil import deal, Reuters reported on July 11, citing an undisclosed government source.
Russia's revenues from oil exports in June were about $16.7 billion, a 1.2% drop from the previous month. Earnings from oil exports have continued to decline since a high of almost $19 billion in February 2024.
"(President Joe Biden) has wanted to do everything that he could to make sure that American consumers have the lowest price possible at the pump, as it affects families' daily lives," a senior administration official told the Wall Street Journal.
Ukrainian special operations forces have targeted over 30 Russian oil refineries, terminals, and depots, President Volodymyr Zelensky stated during a military meeting.
"On the Danish side, we have assembled a circle of countries that will look at the possibilities for further measures against the shadow fleet," Danish Foreign Minister Lars Loekke Rasmussen said in an interview.
Russia has already attacked 10 oil storage facilities in 2024, according to Kuyun. He said that such attacks would not affect the availability of fuel in Ukraine.
The operator of the world's largest oil refining complex, India's Reliance Industries, has reached a one-year agreement with Russia's state-controlled oil company Rosneft to purchase oil in rubles, Reuters reported on May 28.
The CEO of Russia's state-controlled oil company, Rosneft, sent a letter to Russian Prime Minister Mikhail Mishustin asking the Kremlin to approve tax breaks to offset the cost of preventing drone attacks on the company's oil refineries, Russian state-controlled media reported on May 23.
Iran’s recent missile attacks against Israel serve as a stark reminder of the growing audacity of petro-dictatorships in flouting international norms and undermining global peace. Iran, emboldened by Russia’s relentless and indiscriminate assaults on Ukraine – targeting everything from hospitals and kindergartens to power stations with Iranian-made missiles and
India's imports of Russian oil rose to a nine-month high after shipments from non-sanctioned tankers of the Russian Sovcomflot company resumed, Reuters reported on May 21, citing data from shipping and trade sources.
Key developments on May 15: * Zelensky: Ukraine stabilizes situation in Kharkiv Oblast amid Russian offensive * General Staff: Russian forces 'partially pushed out' from Vovchansk * Ukraine deploys more forces to Kharkiv Oblast * Blinken: US to give Ukraine additional $2 billion in military financing * Source: Ukraine's military intelligence drones strike oil depot
The strike against the Pervyy Zavod plant was reportedly carried out with kamikaze drones.
For the first time since the start of the full-scale invasion, Ukraine attacked facilities in Bashkortostan, some 1,500 kilometers from the country's border, according to the source.
Ukraine's State Security Service (SBU) hit two oil depots in Russia's Krasnodar Krai overnight on May 9, a source privy to the information told the Kyiv Independent.
An oil depot in the Russian-occupied city of Luhansk was heavily damaged in a fire that Russian proxies claim was the result of a Ukrainian strike, Luhansk Oblast Governor Artem Lysohor said on May 8.
An oil depot in occupied Luhansk was struck by ATACMS missiles, causing a mass fire at the facility, the Moscow-installed head of the occupied region, Leonid Pasechnik, claimed on May 8. At least five employees were reportedly injured and hospitalized.
Russia has been shipping refined petroleum to North Korea in volumes that may violate the U.N. Security Council's restrictions, U.S. National Security Council spokesperson John Kirby said on May 2, according to Reuters.
The press service of Russia's Emergency Situations Ministry said in a statement that three 200-liter containers of petroleum products were on fire at an undisclosed location.
EU Trade Commissioner Valdis Dombrovskis said earlier in April that the bloc is preparing its 14th round of sanctions against Russia, which should be adopted in spring.
Drones of the Security Service of Ukraine (SBU) attacked two oil depots in Russia's Smolensk Oblast overnight, destroying 26,000 cubic meters of fuel, sources in law enforcement agencies told the Kyiv Independent on April 24.
Swedish Navy chief Ewa Skoog Haslum said some of the ships from the shadow fleet have been found to possess communications and signals equipment not usually associated with cargo vessels, leading to concerns they could be used in "hybrid operations."
An oil pipeline near the Russian city of Azov, Rostov Oblast, that was funneling oil products to tankers in the Azov Sea Port was blown up overnight on April 6, Ukraine's military intelligence agency (HUR) said.
