EU Agrees to $60 Price Cap for Russian Oil, Allowing Buyers to Access Insurance December 2, 2022 By Ewa Krukowska, Alberto Nardelli and Jorge Valero The European Union agreed to put a price cap on Russian oil at $60 a barrel, paving the way for...
Western Governments Struggle to Set Russian Oil Price Cap Before Dec. 5 November 30, 2022 Western governments want to set a maximum purchase price for Russian oil on the world market to limit Moscow’s ability...
Russia Seeks to Boost Recognition of its Shipping Insurance to Dodge Sanctions November 30, 2022 Moscow is seeking to bolster the recognition of Russian maritime cargo insurance to allow it to ship oil and related...
Russia Says It Won’t Sell Oil to Nations That Cap Prices November 22, 2022 By Bloomberg News Russia doesn’t plan to supply crude or oil products to nations that implement a price cap, according to Deputy Prime...
Explosive Residue Found at Site of Nord Stream Leaks, Confirming Sabotage: Sweden November 18, 2022 By Anna Ringstrom and Terje Solsvik Investigators have found traces of explosives at the site of the damaged Nord Stream gas pipelines, confirming sabotage had taken...
Turkey to Demand Oil Tankers Have Proof of Insurance, Adding Teeth to Russia Sanctions November 17, 2022 By Alex Longley, Ugur Yilmaz and Ercan Ersoy Turkey warned the world’s oil shippers they will need to prove they’re insured to cross the country’s vital straits, a...
Reuters: Russian Oil Cap Spurs Insurer Fears of Oil-Laden Ships Being Left at Sea November 11, 2022 Oil-laden tankers risk being left languishing at sea if insurers do not urgently get clarity on an unfinished G7 and...
UK to Cap Price of Russian Oil Using Insurance, Brokerage, Shipping Services Ban November 4, 2022 By Joe Mayes The UK government is to cap the price of Russian oil for any company in the world using the country’s...
Nord Stream 1 Operator Finds Craters at Damaged Pipeline Site November 3, 2022 The Swiss-based operator of Russia-led Nord Stream 1 gas pipeline said on Wednesday it had completed initial data gathering at...
Re/Insurers Grapple With How to Respond to Claims From Nord Stream Pipeline Blasts October 25, 2022 By Jonathan Saul and Carolyn Cohn With the mystery of the blasts that destroyed undersea gas pipelines between Russia and Germany unsolved, Nord Stream 1’s insurers...