There is also no guarantee that, even with a ban on Russian oil and gas exports, the Kremlin could not continue to make money. China, which accounts for 15.4% of Russia's crude exports, would continue buying. So, in all likelihood, would India. With Russia having m...
Ukraine-launched drones have hit 18 Russian oil refineries this year with a combined capacity of 3.9 million barrels per day, according to report published by JPMorgan earlier this month. Some 670,000 bpd of Russian refining capacity is currently offline due to the strikes, according to the...
Energy giant Shell said Tuesday that it will stop buying Russian oil and natural gas and shut down its service stations, aviation fuels and other operations in the country amid international pressure for companies to sever ties over the invasion ofUkraine. The company said in a statement that it...
Russia and India have maintained close business ties despite the war in Ukraine. India has remained one of the largest buyers of Russian oil at a time when Western nations have looked to restrict Russian energy imports. — Holly Ellyatt Wed, Mar 20 20244:00 AM EDT Russia's Putin says he ...
The Rostov region, located in southwestern Russia, has become a focal point of military actions due to its critical infrastructure. Reports indicate that Ukrainian forces specifically aimed at the Caucasus plant, a facility known for its oil product storage. This recent strike follows various attacks...
Volodymyr Zelenskyy asked European nations to stop buying Russian oil. Ukrainian Presidential Press Service | via Reuters Ukrainian President Volodymyr Zelenskyy emphasized the need for cooperation in combatting Russian aggression and terror in his nightly address, following another deadly wave of Russian ...
Volodymyr Zelenskyy asked European nations to stop buying Russian oil. Ukrainian Presidential Press Service | via Reuters Ukrainian President Volodymyr Zelenskyy struck a more serious and restrained note in his nightly address, despite the "joy in the informational space" following Russia's decision to...
KYIV, Ukraine —Ukrainian drones attacked one ofRussia’s biggest oil refineriesand a drone factory in the Russian province of Tatarstan, officials said Tuesday, in what appeared to be Kyiv’s deepest strike inside Russian territory since the war began mor...
Canadian Prime Minister Justin Trudeau said Monday that his administration will ban Russian crude oil imports in response to Russia's invasion of Ukraine. "Today we are also announcing our intention to ban all imports of crude oil from Russia, an industry that has benefited President Putin and ...
Why India can buy Russian oil and still be friends with the US Analysis from CNN's Rhea Mogul and Simone McCarthy What a difference a few weeks make. Just last month, India was taking flak from the West for its relationship with Russia. Not only was the South Asian country refusing ...