Russian oil

India Halts Russian Oil Buys Amid U.S. Trade Talks

India Halts Russian Oil Buys Amid U.S. Trade Talks

Indian refiners have halted new purchases of Russian crude for April delivery and are expected to extend the moratorium, a shift that could ease trade negotiations between New Delhi and Washington, according to industry and trading sources.

The move by India’s largest fuel producers comes after the United States and India announced a framework Friday for a bilateral trade agreement they aim to finalize by March.

The deal would reduce tariffs and expand economic ties between the two nations, though neither government explicitly linked the Russian oil issue to the trade talks. Indian Oil Corporation, Bharat Petroleum and Reliance Industries …

Novorossiysk Drone Attack Halts Russian Oil Exports

Novorossiysk Drone Attack Halts Russian Oil Exports

Russia halted oil exports from its Black Sea port of Novorossiysk on Friday after what authorities described as a major Ukrainian drone attack, disrupting one of the country’s most important energy export routes, according to industry sources who spoke to Reuters.

The strike—one of the most significant on Russian oil-exporting infrastructure in recent months—comes amid Ukraine’s expanded campaign to degrade Moscow’s ability to finance its war by targeting refineries, ports, and pipeline systems.

Two industry sources said oil loadings at Novorossiysk were suspended after drones struck port facilities overnight. Russia’s pipeline operator Transneft also halted crude supplies to the port, …

Zelenskyy Visits Frontline as Ukraine Strikes Russian Oil

Zelenskyy Visits Frontline as Ukraine Strikes Russian Oil

Ukrainian President Volodymyr Zelenskyy visited troops near the front line in southern Zaporizhia on Thursday, as Ukraine’s military reported attacks on Russian-occupied oil facilities in the region and Crimea. The visit underscored Kyiv’s focus on morale amid intensified fighting and Russia’s accelerated advances.

“I listened to a report on the operational situation in this sector, enemy activity, and losses among the occupiers,” Zelenskyy said on X. “We are doing everything to strengthen our warriors.”

The Ukrainian general staff reported that its forces struck an oil terminal in Russian-annexed Crimea, along with an oil depot in occupied Zaporizhia. Domestically produced weapons, …

Russia Advances In East Ukraine As EU Brainstorms On Oil Ban

Russia Advances In East Ukraine As EU Brainstorms On Oil Ban

Russian forces edged toward the centre of the eastern Ukrainian city of Severodonetsk on Wednesday, while President Volodymyr Zelensky is prepared to appeal to EU leaders at an emergency summit where a ban on Russian oil imports is on the agenda.

Africa Daily News, New York reports that Zelensky is expected to press EU officials at the summit ‘to kill Russian exports’ as he seeks to crank up international pressure on Moscow.

Member states are searching for a compromise on a sixth round of sanctions, which has been delayed by resistance from within the bloc, namely from Hungary.

Meanwhile, Russia …