Latest
Energy
Can Russia’s Yamal LNG Redirect Exports From Europe to Asia?
Higher gas prices are emerging as shipping constraints on Russian exports tighten global supply, reinforcing concerns that Moscow may be using energy disruption for political gain.
April 6, 2026
Energy
Russian Oil Giant Rosneft Announces 73% Drop in 2025 Net Income
Rosneft’s CEO attributed the drop to an “ideal storm” of negative impacts due to the war in Ukraine and Western sanctions, adding that recent price hikes due to Iran were offset by increasing costs.
April 1, 2026
Georgia
Georgian Refinery Says It Will Phase Out Russian Oil After EU Sanctions Warning
Georgia’s only oil refinery says it will replace Russian crude with oil from Turkmenistan, Kazakhstan and other sources as pressure grows over Russian feedstock.
March 31, 2026
Turkey
Turkish Tanker Ferrying Russian Oil Hit by Drones in Black Sea
The vessel Altura, which has been under EU and UK sanctions, departed the Russian port of Novorossiysk with about a million barrels of Russian crude before it was struck.
March 26, 2026
Zelensky
Zelensky Warns Russia’s $100B Budget Deficit Could Be Offset By Oil Sales
Kyiv says oil revenues remain the Kremlin’s key financial lifeline as Ukraine pushes Western partners to maintain pressure on Moscow’s energy exports.
March 15, 2026
Zelensky
US Easing of Russian Oil Sanctions Could Give Moscow $10B, Zelensky Says
Ukraine’s president warned that a temporary US waiver allowing sales of Russian oil could generate about $10 billion for Moscow’s war effort.
March 13, 2026
Russian Oil Crisis
Russia Claims Global Economy Needs Its Oil as US Issues Temporary Sanctions Waiver
Russian envoy Kirill Dmitriev said the world was rediscovering the “systemic role” of Russian energy after Washington temporarily authorized sales of Russian oil already at sea.
March 13, 2026
Energy
Russian Gas Tanker Sinks in Mediterranean – Moscow Blames Ukraine
The tanker, Arctic Metagaz, was carrying liquefied natural gas and is considered part of a so-called Russian “shadow fleet” transporting energy supplies under US and European sanctions.
Updated: March 4, 2026
Drones
SBU Drones Fly 500 km, Ignite Pskov Oil Depot as 113-UAV Swarm Strikes Russia
Russia’s defense ministry said Thursday its air defenses had intercepted and destroyed 113 Ukrainian drones during the night. Some of them, officials said, were aimed at energy targets.
Updated: Feb. 19, 2026
Ruble
Russia’s Largest Private Oil Company Demands a Bailout
Lukoil is petitioning the Russian government to change its tax rules because the Kremlin’s war in Ukraine has sent global prices per barrel plummeting. Foreign buyers have been sniffing for a deal.
Jan. 27, 2026
War in Ukraine
Ukraine Says UK Storm Shadow Missiles Hit Key Russian Refinery
The Novoshakhtinsk refinery is a key fuel supplier in southern Russia and plays a direct role in supporting the Russian military, providing diesel fuel and aviation kerosene.
Dec. 26, 2025
Russia
Ukraine Hits Russian Warship in Caspian Sea, Opening New Drone Front
Ukraine’s General Staff said it carried out additional strikes on Friday night in the Caspian Sea – far from Ukraine’s borders – targeting a Russian vessel and oil facilities.
Dec. 20, 2025
Energy
Drone Strike Sets One of Central Russia’s Biggest Refineries on Fire
The strike on Yaroslavl comes less than 24 hours after Ukraine carried out its biggest and most wide-reaching combined drone attack of the full-scale war.
Dec. 12, 2025
Ukraine
Ukraine Launches War’s Most Massive Drone-Missile Strikes, Russian Energy Targeted
Five Russian oil refineries set ablaze, four airfield strikes, a Lukoil offshore rig ablaze in the Caspian Sea – all in one night – noisily contradicted Trump’s claim that “Ukraine has no cards.”
Dec. 11, 2025
Energy
Ukrainian Drones Hit Rosneft’s Ryazan Refinery Again – 9 Strikes This Year
The refinery supplies Moscow and the surrounding region and processed 13.1 million tons of crude in 2024, about 5% of Russia’s total refining capacity.
Dec. 6, 2025
Energy
Syzran Oil Refinery in Samara – Key Rosneft Facility – Hit by Ukrainian Drones
The Syzran plant has been repeatedly targeted as part of Ukraine’s campaign against Russia’s oil industry, which funds and fuels Moscow’s war machine.
Dec. 5, 2025