oil
Kallas: Strikes on russian oil revenues are a logical step in countering aggression
High Representative of the EU for Foreign Affairs and Security Policy Kaja Kallas stated that Ukraine’s attacks on the russian oil sector are entirely justified. It is the revenue from energy sales that allows the Kremlin to sustain its army and…
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Global oil prices decline amid talks on the Strait of Hormuz
Oil prices for Brent and WTI benchmarks decreased by 0.5% amid negotiations between Iran and Qatar regarding control over the Strait of Hormuz. Investors are hopeful for a resumption of energy supplies, which had previously fallen to a quarter of…
Maritime oil exports from Russia hit lowest level since April
Maritime supplies of Russian oil have been shrinking for five consecutive weeks amid Ukrainian strikes on energy infrastructure. Last week, shipments fell to 22.38 million barrels.
US creates shipping corridor in Hormuz for oil transport
The US military has quietly established a secure shipping route through the Strait of Hormuz, allowing millions of barrels of oil to be transported daily. The operation involves 15 to 20 tankers moving through the southern channel.
Global oil prices continue to rise amid Middle East escalation and supply risks
Benchmark crude oil prices continue to climb on international markets. The trend is driven by worsening geopolitical tensions surrounding Iran and heightened concerns over energy supply disruptions.
Russia begins protecting its tankers from Ukrainian drones
Russia has started installing special protective nets on vessels of the so-called shadow fleet. These measures are aimed at protecting tankers from attacks by Ukrainian drones in maritime areas.
