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Russian Oil

Greek Shippers Exit Russian Oil Trade Amid Growing US Scrutiny

Three major Greek shipping companies, Minerva Marine, Thenamaris, and TMS Tankers, have ceased transporting Russian oil in recent weeks to avoid US sanctions. They are aimed at targeting shipping firms engaged in the movement of Russian oil. The move is...

New Illegal Routes of Russian Oil Spotted in Kalamata, Greece

A new investigation has uncovered a widespread practice of illegal transportation of Russian oil, according to Le Monde. The investigation has revealed an underground practice of transporting hydrocarbons in old and covert tankers in open seas. This shipping method has...

Ukraine Says Five Greek Shipping Firms Placed on Sanctions List

Five Greek shipping firms have been placed on a list compiled by the National Committee for War and Sanctions for allegedly continuing to cooperate with Russia despite the ongoing war in Ukraine and the levying of Western sanctions. The five...

EU Agrees on Partial Ban of Russian Oil Imports

European Union leaders have agreed on a plan to block more than two-thirds of Russian oil imports after late-night talks at a summit in Brussels. The president of the European Council, Charles Michel, hailed the deal as a “remarkable achievement”,...

Greece Becomes Top Destination for Russian Fuel Tankers

The number of tankers carrying Russian fuel that arrived in Greece in April reached record-breaking highs, indicating that the country's waters have become a top destination for transporting Russian fuel. According to a report by Reuters, arrivals of ships carrying...

EU Plans to Ban Oil Imports from Russia by the End of 2022

The EU Commission announced plans on Wednesday to ban the import of oil from Russia by the end of 2022 and to sanction Russians who committed war crimes in Ukraine. "Putin must pay a high price for his brutal aggression,"...

EU Sends Support to Ukraine, but Won’t Fast Track Membership Yet

Although the European Union has expressed its support of Ukraine, it stopped short of offering the country fast-track membership at a summit of EU leaders in France on Thursday. The bloc has been united in response to Russia's invasion of...

Zelensky Speaks Before UK Parliament; UK to Phase Out Russian Oil

Ukrainian President Volodymyr Zelensky spoke before members of the UK Parliament in the House of Commons via live video feed on Tuesday, as the country announced that it would end dependence on Russian oil by the end of 2022. Zelensky,...

Shell to Stop Buying Russian Oil and Gas

The multinational gas company Shell announced on Tuesday that it intends to halt the purchase of Russian oil and gas due to the country's attack on Ukraine. The company will stop purchasing all Russian hydrocarbons, which includes "crude oil, petroleum...