Russia
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Putin Admits Fuel Rationing as Ukrainian Strikes Hit Russian Refineries
MOSCOW, July 13 — The arithmetic of Russia’s war economy is becoming harder to balance. Oil and gas…
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Economic Impact: How Shadow Fleet Strikes Affect Global Oil Markets
ROME, July 12 — From the Black Sea to the corridors of global energy markets, a quiet but…
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Russia’s Oil Revenues Rebound, Giving the Kremlin More Time to Fund the Ukraine War
MOSCOW, July 11 — Russia’s oil and gas revenues, which funded roughly 30-40% of the federal budget in…
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Higher Oil Prices Give Russia More Time to Pay for the War
MOSCOW, July 11 — The shift is already underway in global energy markets, and Russia’s oil sector is…
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Ukrainian Strikes Hit Russian Fuel Exports as Crude Trade Shifts to Asia
MOSCOW, July 11 — Against the backdrop of shifting global alliances and the steady recalibration of energy flows…
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Secondary Tariffs on Russian Oil Buyers Could Ripple Through US Supply Chains
ROME, July 10 — The proposed US tariffs on Russian oil represent a shift in the mechanics of…
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Trump Signs Russia Sanctions Law Allowing Tariffs of Up to 100% on Energy Buyers
WASHINGTON, July 10 — The prospect of heavy US tariffs on Russian oil, a tool the Trump administration…
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Trump Administration Backs Bipartisan Bill Imposing Heavy Penalties on Buyers of Russian Oil
WASHINGTON, July 10 — The shift is quietly underway. Heavy tariffs on Russian oil are being floated in…
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New US Law Threatens Tariffs on Russian Oil Buyers as Brent Tops $100
WASHINGTON, July 10 — The figure that matters for American drivers is 25 cents. If Brent crude prices…
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Brent Crude Hits $123 a Barrel as Hormuz Disruption Squeezes Global Supply
LONDON, July 10 — Against the backdrop of escalating trade tensions between Washington and Moscow, the global oil…
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Ukraine’s Drone Campaign Reaches Russia’s Largest Refinery in Siberia
MOSCOW, July 7 — A strike on the Omsk refinery has introduced a new variable into Russia’s domestic…
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60 US Senators Back Bill Allowing Tariffs of Up to 100% on Top Russian Oil Buyers
WASHINGTON — The Trump administration is exploring a proposal to impose heavy tariffs on Russian oil, though sources…
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Ukrainian Drones Hit Ryazan Refinery, Ending Pause in Energy Strikes
LONDON, July 8 — Against this backdrop of escalating conflict in the Black Sea, Ukraine’s recent strikes on…
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The Economic Impact: How Oil Revenue Funds Russia’s War Machine
MOSCOW, July 8 — The shift is already underway in the Black Sea and the Baltic, and it…
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Russia Halts Crude Loadings at Novorossiysk’s Sheskharis Terminal After Drone Attack
NOVOROSSIYSK — The black smoke has long since cleared from the waters off Russia’s largest oil export port,…
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Ukrainian Drones Hit Russia’s Largest Oil Refinery in Omsk, Siberia
ST. PETERSBURG, July 7 — The shift is unmistakable: a strategic strike on a flagship refinery has opened…
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Ukraine Strikes Omsk Refinery, Russia’s Largest, 2,500 km From the Border
OMSK, July 7 — The Omsk Oil Refinery, Russia’s largest crude processing facility, has become a recurring target…
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Ukraine Says Strikes Have Disabled Over 51% of Russia’s Oil Refining Capacity
MOSCOW, July 7 — The shift is subtle but unmistakable: Russia’s refining machine, once a sprawling engine of…
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Russia’s Novak Oversees Energy Infrastructure as Deputy PM
MOSCOW, July 7 — The shift is subtle but unmistakable in Russia’s energy command structure. Alexander Novak, the…
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Russia Bans Diesel Exports After Ukrainian Drone Strikes on Its Refineries
MOSCOW, July 7 — Russia’s oil refining sector processed approximately 275 million tons of crude oil in 2023,…
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Putin Says Ukrainian Refinery Strikes Cost Russia About 1% of GDP
MOSCOW, July 7 — The mechanics here are brutal in their simplicity: Ukrainian drone strikes hit Russian oil…
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Ukraine Hits Omsk Oil Refinery in Deepest Strike of the War, Moscow Responds
OMSK, July 7 — The shift is quiet, but its implications are enormous. Russia’s largest oil refinery, the…
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Ukrainian Drones Hit Gazprom Neft’s Omsk Refinery, 2,500 Kilometers From the Border
SAINT PETERSBURG, July 7 — Gazprom Neft, Russia’s third-largest oil producer and a subsidiary of the state-controlled gas…
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Ukrainian Drones Hit Omsk Refinery, Russia’s Largest, 2,500 Km From the Border
OMSK, July 7 — The Omsk Oil Refinery, Russia’s largest by crude oil processing capacity, remains a critical…
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