RUSSIA – The Russian Deputy Foreign Minister Andrey Rudenko said on Tuesday that Moscow will not deliver oil to countries supporting price cap. Rudenko said in an interview with the Russian daily Izvestia that the energy market is currently volatile, with a shortage and rising cost of energy resources. Asked about the trade with countries […]
Tag: Russian Oil
Hungary to Stop Supplying Gas to Ukraine; Viktor Orban
HUNGARY – The Hungarian Prime Minister Viktor Orban announced on Wednesday that Hungary will stop supplying gas to Ukraine until Kyiv restores the flow of Russian oil through the Druzhba pipeline. “In order to break the blockade and ensure Hungary’s energy supply, new measures are now necessary. Therefore, we will gradually stop gas supplies….. until Ukraine supplies […]
EU’s Kaja Kallas Decries Ease of US Sanctions on Russian Oil
BELGIUM – EU foreign policy chief Kaja Kallas on Monday decried the ease of US sanctions on Russian oil, despite the ongoing energy disruptions due to the Middle East war, saying that it sets a dangerous precedent. “We see the easing of sanctions on oil, on Russia, by US is a dangerous precedent, because right […]
Indian Refiners Given 30-Day Waiver by US to Purchase Russian Oil
RUSSIA – A 30-day waiver was given by the US to the Indian refiners to purchase Russian oil, in what the Treasury Secretary Scott Bessent said was to keep global supplies flowing. In a statement posted on the US social media company X’s platform, Bessent said the measure was designed to ensure that oil continues […]