Certain "technological facilities" of the Novoshakhtinsk oil refinery in Rostov Oblast have shut down after an overnight drone attack, Rostov Oblast Governor Vasiliy Golubev said on Telegram on March 13.
Global Terminal Services (GTS), which operates the Dortyol terminal, said it would not accept products from Russia any longer.
Bulgaria halted Russian oil imports this week as part of the European Union's ban on Russian oil, thereby ending a two-year embargo exemption, the Bulgarian news outlet BGNES reported on March 1.
A new U.S. sanctions package against Russia may threaten Russian oil exports to India, a major source of funding for its invasion of Ukraine, Reuters reported on Feb. 28.
Former lawmaker Serhii Pashynskyi, suspected of illegally appropriating almost 100,000 metric tons of state-owned oil in 2014, was released from custody on bail, Pashynski said on social media on Feb. 27. The bail was set at Hr 272.5 million ($7.1 million).
As Western sanctions designed to cripple Russian energy exports barely slow them down, the Kremlin continues to make enough money to keep its war against Ukraine going indefinitely, just by selling oil to China and India. After pivoting away from Europe, Moscow found enthusiastic buyers in Beijing and New Delhi.
The sanctions announced by OFAC on Feb. 8 were targeted at three companies based in the United Arab Emirates (UAE) and one in Liberia. The last company to be sanctioned by OFAC for violating the price cap in January 2024 was also registered in the UAE.
While European leaders have poured cold water on Ukraine’s ambitious hope of a quick ascension to the EU, efforts continue to bring the eastern nation closer to achieving its long-awaited goal. Ever since Russia unleashed its full-scale invasion of Ukraine, President Volodymyr Zelensky and his top officials have repeatedly
