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Russian Oil

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...

Gas Prices in Greece: Cheaper to Fly to Paris Than Drive to Thessaloniki

Gas prices have risen so much in Greece -- just as they have in the rest of the world -- that it is cheaper for an Athenian to take a flight to Paris than to drive to the northern...

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...

US Senators Introduce Act to Ban Russian Oil, Energy Imports

US Senators introduced a bill that would ban Russian oil and energy imports on Thursday. The "Banning Russian Energy Imports Act" already has widespread support, says senator Joe Manchin, a Democrat from West Virginia, who said that the legislation...