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EU Will Propose to G7 Nations a Reduction in Sanctions Price Cap for Russian Oil
May 20 2025 // The EU will propose to G7 finance ministers this week to lower the current $60 per barrel price cap on Russian seaborne oil as part of the new sanctions package against Moscow, European Economic Commissioner Valdis...
Estonia Says Russia Detained Tanker in Baltic Sea
May 19 2025 // Russia detained a Greek-owned oil tanker on Sunday after it left an Estonian Baltic Sea port, the Estonian Foreign Ministry said, adding it had alerted NATO allies to the incident. The Liberia-flagged ship Green Admire was...
Estonia Says Russia Sent Jet After Attempt to Stop Sanction-Breaking Ship
May 16 2025 // Estonia said on Thursday that Moscow had briefly sent a fighter jet into NATO airspace over the Baltic Sea during an attempt to stop a Russian-bound oil tanker thought to be part of a “shadow fleet” defying...
India Approves More Russian Insurers to Provide Marine Cover
May 13 2025 // India has approved three Russian insurers, including a unit of top lender Sberbank, to provide marine cover to ships arriving at Indian ports, a government notification shows, helping Moscow maintain oil supplies to a key...
EU to Propose More Sanctions on Russia’s ‘Shadow’ Oil Tankers
May 8 2025 // The European Union’s executive arm is set to propose a new package of sanctions targeting Moscow’s covert fleet of oil tankers as it seek to crank up pressure on Russia over its war against Ukraine. The...
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