New Dehli was also allowed to pay for oil in rupees but this method has faced problems due to Reserve Bank of India (RBI) ...
Russia’s oil storage capacity is limited. When a refinery is destroyed or damaged, therefore, extracted crude oil cannot ...
The Kremlin's government budget, fueled by energy-related taxes, surged to $11.5 billion, marking a 111.9% leap from April ...
Russia’s oil revenue more than doubled in April from a year earlier, despite international sanctions intended to limit the ...
Moscow has dramatically reduced its need for Western ships or services by building up a shadow fleet of tankers.
A group of Western insurers has said a Russian oil price cap has become unenforceable and only pushed more ships into joining ...
Tankers transferring Russian oil off the southern coast of NATO member Greece have been pushed out further into the ...
Russia’s oil and gas revenues climbed to $13.5 billion in April, nearly double the amount from a year earlier.
A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an organization at the heart ...
The Greek navy on Wednesday extended an advisory effectively banning ship traffic off the coast of the southeastern ...
UK-based International Group of P&I Clubs, a global insurance company, says a growing shadow fleet is making it less and less ...