August, 2025
Date Headline Image
Thu07Aug
India may cut Russian crude imports in the near term, but faces hurdles securing prompt Middle East cargoes, Vortexa's Ivan Mathews tells Ship & Bunker.
FEATURE: Bunker Market Steady as India Mulls Russian Crude Shift Amid US Tariffs
July, 2025
Date Headline Image
Tue22Jul
The UK has sanctioned 135 ships and Lukoil's Dubai trading arm in a fresh move to disrupt Russia's shadow fleet and cut off oil revenues.
UK Adds 135 Ships and Lukoil's Dubai Unit to Russia Sanctions List
Mon21Jul
The EU has unveiled its new sanctions package against Russia, cutting the oil price cap to $47.6/bbl and blacklisting over 100 more vessels, including for the first time an Indian refinery linked to Rosneft.
EU Lowers Russian Oil Price Cap, Adds Over 100 Ships to Sanctions List
Fri11Jul
The commission is set to propose to the G7 group that the current $60/bl cap be replaced by a floating price.
European Commission to Propose Floating Price Cap for Russian Oil: Report