Russia’s Oil Exports Stagnate as Prices Sink and Sanctions Bite
Tuesday, 1 July 2025 () Russia’s seaborne crude oil shipments barely budged in late June, holding near two-month lows despite a modest uptick from major ports. In the four weeks to June 29, crude exports averaged 3.21 million barrels per day (bpd)—up just 1% from the previous four-week period, according to Bloomberg tracking data. Weekly volumes sat around 3 million bpd, also little changed. While key terminals like Primorsk and Kozmino saw higher flows, declines from smaller ports—including Novorossiysk and Murmansk—nearly canceled out the gains.…
Slovak Prime Minister Robert Fico stunned NATO and EU allies after rejecting proposed sanctions on Russian energy, calling them “ideological” and harmful to Slovakia’s economy. At a press conference, Fico questioned why Slovakia should pay high gas prices due to the Ukraine conflict, citing a...
EU proposes fresh sanctions on Russia's oil, banks, Nord Stream and 'shadow fleet'
The latest proposal of EU sanctions comes ahead of a summit of G7 leaders, where the revision of the price cap on..
Credit: euronews (in English) Duration: 01:10Published
Despite sanctions and pledges to support Ukraine, the EU remains Russia’s biggest fossil fuel customer—spending over €209 billion since 2022. Russia has earned an estimated €885 billion from..
Russia may use military force to protect shadow fleet, Estonia warns
Moscow is using ageing vessels in an effort to dodge international sanctions on its oil exports.
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Credit: euronews (in English) Duration: 01:10Published
Tuesday, 1 July 2025 ()
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