EU lowers price cap for Russian crude under new sanctions package

Aerial view of a ship at sea. Suriyapong Thongsawang | Moment | Getty Images The European Union has reached an agreement on a new sanctions package against Russia, which includes a lower price cap for Moscow's crude oil barrels. Within a year of...

EU Slaps New Sanctions on Russia and Its Oil Trade

European Union states have approved a fresh sanctions package on Russia over its war against Ukraine including a revised oil price cap, new banking restrictions, and curbs on fuels made from Russian petroleum. The package, the bloc’s 18th since...

UK sanctions Russian cyber spies accused of facilitating murders

Editor's Note: Story updated 9:15 a.m. Eastern U.S. time with additional details and names of sanctioned individuals. The British government sanctioned 18 Russian military intelligence officers on Friday, alleging their units were responsible for...

Bloomberg: New EU sanctions may disrupt Russian Rosneft's Indian refinery stake sale

An oil refinery. Photo: Getty Images New EU sanctions on an Indian refinery processing Russian oil may hinder Russian energy giant Rosneft's plans to sell its stake. Source: Bloomberg Details: The largest Russian oil company seeks to exit its...

Russian oil price falls short of 2025 budget target – Reuters

The Kremlin. Photo: Getty Images The average price of Russian oil, calculated in roubles, remains below the federal budget target for 2025, adding pressure to a budget already grappling with a growing deficit. Source: Reuters Details: The...

EU imposes fresh sanctions on Russia, how will it impact India? New Delhi may benefit as...

With the sole objective of cutting the war-funding and bringing Russia to its knees and ruining its economy forever, the 27-nation bloc on Friday announced a slew of stiff sanction measures against Russia, including a lower oil price cap, a ban on...

Israel thinks Iran’s nuclear program set 2-3 years back — ambassador to Russia

MOSCOW, July 18. /TASS/. Israel believes that its recent attacks have set Iran’s nuclear program back by at least two or three years, Israeli Ambassador to Russia Simona Halperin said. "The assessment from our experts — not just military —...

Oil Rises on Fresh EU Sanctions on Russia, New Price Cap

Slovakia Secures Assurances As EU Forces Through 18th Russia Sanctions Package

The European Union approved its 18th package of sanctions against Russia on Friday, July 18th, marking yet another step in its efforts to pressure Moscow over the ongoing war in Ukraine. But behind the headlines of ‘unity’ lies a deeper...

EU agrees fresh round of sanctions on Russia

This latest package of EU sanctions against Russia includes measures aimed at dealing further blows to the Russian oil and energy industry. Show more Three and a half years into Russia’s full-scale invasion of Ukraine, European Union countries...

EU targets Putin's oil income over Ukraine war, sanctions Russia-owned refinery in India

With the 18th package of sanctions on Russia over its war on Ukraine, the European Union (EU) on Friday targeted Russia’s oil revenue and sanctioned an Indian refinery for the first time. Under the latest sanctions, the EU lowered the price cap on...

EU Bans India And Turkey From Profiting From Russian Oil Product Supplies

"The back door is closed. The 18th package of sanctions approved by the EU countries envisages a ban on imports from third countries of refined products derived from Russian oil. The main suppliers are India, where Rosneft operates a half-owned...

One Of The Leading IT-businessmen In Russia Arrested

1 The Basmanny Court of Moscow handed down the judgment in absentia. The co-founder of the large IT holding IBS Sergey Matsotsky has been arrested in absentia by Moscow's Basmanny court on charges of bribery, the press service of Moscow courts...

EU Lowers Russian Oil Cap to $47.60

The European Union lowered the price cap on Russian crude oil to $47.60 from $60 per barrel as it adopted on Friday the 18th sanctions package against Russia, targeting a hundred more ‘shadow fleet’ tankers, energy trade, and traders and banks...

Russia claims 122 Ukrainian drones downed, including three near Moscow

Drone attack. Screenshot: video from Russian Telegram channels Russia’s Ministry of Defence has claimed that its air defences intercepted 122 Ukrainian drones on the night of 17 July across multiple regions. Source: Russian Ministry of Defence;...

Where were the cheapest places to fill up on midgrade gas in cities in Staunton city in week ending July 12?

Federal Energy Regulatory Commission (FERC) Chairman Willie L. Phillips | www.ferc.govFederal Energy Regulatory Commission (FERC) Chairman Willie L. Phillips | www.ferc.gov There was a single gas station in cities across Staunton city selling...

Where were the cheapest places to fill up on premium gas in cities in Dale County in week ending July 12?

Federal Energy Regulatory Commission (FERC) Chairman Willie L. Phillips | www.ferc.govFederal Energy Regulatory Commission (FERC) Chairman Willie L. Phillips | www.ferc.gov There was a single gas station in cities across Dale County selling...

Where were the cheapest places to fill up on diesel in cities in Brooks County in week ending July 12?

Federal Energy Regulatory Commission (FERC) Commissioner Mark C. Christie | www.ferc.govFederal Energy Regulatory Commission (FERC) Commissioner Mark C. Christie | www.ferc.gov There was a single gas station in cities across Brooks County selling...

Where were the cheapest places to fill up on regular gas in cities in Peoria County in week ending July 12?

Federal Energy Regulatory Commission (FERC) Commissioner Allison Clements | www.ferc.govFederal Energy Regulatory Commission (FERC) Commissioner Allison Clements | www.ferc.gov There was a single gas station in cities across Peoria County selling...

Where were the cheapest places to fill up on regular gas in cities in Marquette County in week ending July 12?

Federal Energy Regulatory Commission (FERC) Commissioner Mark C. Christie | www.ferc.govFederal Energy Regulatory Commission (FERC) Commissioner Mark C. Christie | www.ferc.gov There were two gas stations in cities across Marquette County selling...