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Germany
UK, Allies Refuse Trump Call to Send Warships as Strait of Hormuz Blocked
Despite Washington’s push to assemble an international naval force to secure the passage by accompanying ships, key US allies appear reluctant to take part.
March 16, 2026
Russia
How Will US Oil Sanctions Waiver Help Russia?
The waiver may carry more symbolic than financial weight for Moscow. “It’s a gift to Russia in terms of sanctions,” said Richard Meade, editor-in-chief of Lloyd’s List Intelligence.
March 13, 2026
Russia
Russia Moves to Expand Shadow Fleet as Ukrainian Intelligence Warns of New Hybrid Threat to Europe
The SZRU said that Russia plans to reflag about 80 shadow fleet tankers under its own registry – potentially helping Moscow to evade sanctions and expand hybrid threats in the Baltic Sea.
March 13, 2026
Russia
‘Big Winner of This Conflict’ – Russia Set for $3-5B Oil Windfall as Hormuz Crisis Lifts Prices
Disruption in the Strait of Hormuz has pushed oil prices higher, potentially delivering billions in extra revenues to Russia as demand for its crude surges in India and China.
March 13, 2026
Putin
Ex-US Diplomat: Iran War Eases Pressure on Putin Rather Than Tightening It
Kurt Volker argued that the surge in oil prices alone will bring Russia badly needed financial relief.
March 13, 2026
Russia
Wreck of Russian Shadow Fleet Tanker Found ‘Drifting’ in Mediterranean
Moscow accused Kyiv of attacking the Arctic Metagaz oil tanker on March 3, with Libyan authorities confirming it had been sunk. Now, however, its husk appears to be floating off the Maltese coast.
March 12, 2026
Energy
Hungary Accuses Ukraine of Attacking TurkStream Infrastructure
Hungary’s foreign minister said an alleged Ukrainian strike on infrastructure linked to the TurkStream pipeline threatens the country’s gas supply.
March 12, 2026
Russia
Ukraine Hits One of Southern Russia’s Largest Oil Transshipment Hubs
Ukrainian drones struck an oil depot at the Tikhoretsk oil hub in Russia’s Krasnodar region, setting fuel tanks on fire at one of the largest oil transshipment facilities in southern Russia.
March 12, 2026
Ukraine
Kyiv Says Hungarians Who Came for Druzhba Talks Are Not a Delegation
Ukraine’s Foreign Ministry said Hungarian citizens who arrived in Kyiv for talks on the Druzhba pipeline entered as private visitors.
Updated: March 11, 2026
Europe
ANALYSIS: European Aid to Ukraine Undercut by Russian Fossil Fuel Imports Through 2025
In the first years of Russia’s full-scale invasion, until December 2025, the cumulative amount Europe paid for Russian fossil fuels was higher than the total aid sent to Ukraine.
March 11, 2026
Energy
Hungary Sends Delegation to Kyiv for Talks on Druzhba Oil Pipeline
A Hungarian government delegation has traveled to Kyiv to discuss the condition of the Druzhba pipeline and hold talks with Ukrainian officials and EU representatives.
March 11, 2026
US
Iran Military Says Ships of US, Israel, Allies in Hormuz Strait ‘Legitimate Targets’
Tehran reiterated that its armed forces “will not allow a single litre of oil to transit” through the strait, adding that it’s the “result of conditions imposed by the US and Israel.”
March 11, 2026
Russia
India Snaps Up Russian Oil After US Waiver Amid Middle East Supply Disruptions
US Treasury Secretary Scott Bessent had insisted that the “deliberate short-term measure” would “not provide significant financial benefit” to Moscow.
March 10, 2026
US
Russia Sole ‘Winner’ in Iran War, Says EU’s Costa
The Iran war has upended the world’s energy and transport sectors, virtually halting activity in the strategically vital Strait of Hormuz as Iran’s retaliatory strikes hit the Gulf.
March 10, 2026
Russia
Putin Says Europe Could Receive Russian Oil and Gas
Putin in a televised meeting said he would resume supplying Europe with oil and gas as long as such partnerships are “long-term.”
March 9, 2026
Energy
Oil Prices Surge to Highest Levels Since Mid-2022
Energy markets are particularly nervous because the crisis is unfolding around the Strait of Hormuz, through which roughly one-fifth of the world’s oil supply normally passes.
March 9, 2026