# oil

Will fuel prices be reduced in Ukraine by spring 2025?

Since the beginning of 2025, fuel prices at Ukrainian gas stations (gas stations) have increased due to increased excise duties and oil rise in the world markets. However, for ...

Hungary has accessed the port construction in Italy

In the Italian city of Triest, the construction of a Hungarian seaport has begun, which should become an important logistics hub for export of Hungarian goods. This is a strategic project for Hungary, ...

G7 may refuse to strengthen oil sanctions against Russia

The countries of the Great Seven (G7) consider the possibility of refusing to strengthen oil sanctions against Russia, which were initially to force Moscow to sit at the negotiation table for ...

G7 countries decide or increase the price limit on oil from the Russian Federation

G7 countries plan to review the price limit for Russian oil to further limit Russia's financial capabilities and make it reduce the cost of war in ...

Trump agreed on the pressure on Iran

US President Donald Trump has signed a decree restoring the "maximum pressure" policy on Iran. The strategy is aimed at reducing Iran's income from oil exports for ...

China enters duties on American goods

China has introduced new import duties on goods from the United States in response to similar actions of the Presidential Administration Donald Trump. This was reported by Reuters 4 ...

China and India stopped importing Russian oil

China and India, the two largest importers of Russian oil, stopped its purchase due to new US sanctions, which caused a sharp increase in tariffs for tanker transportation. About...

US sanctions collapsed Russian oil stocks

The actions of leading Russian oil companies are undergoing a significant fall on the Moscow Exchange because of new rigid sanctions against the US, which are against "Gazprom of the Neft", "Surgutneftegase" and above ...

Oil prices rise after new US sanctions against Russia

Oil prices jumped after the United States imposed tough sanctions against Russia's oil industry. Anticipation of these sanctions caused an increase in global prices for...

Hungary has threatened to block Ukraine's accession to the EU due to the draft law on gas transit

The Minister of Foreign Affairs of Hungary, Peter Szijjártó, announced the possibility of blocking Ukraine's accession to the European Union, if the Verkhovna Rada adopts draft law No. 12380, which prohibits...

China imposes ban on tankers under US sanctions

On January 6, 2025, the Chinese port operator Shandong Port Group announced the introduction of a ban on entering its ports for tankers that fall under...

Office of the President on the need to fight the shadow trade of the Russian Federation

The adviser to the head of the Presidential Office Mikhail Podolyak, in his statement on January 3, emphasized the need to change the approach to counteracting the oil income of Russia. Previous sanctions, ...
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