... wait-and-see approach: they have already benefited from the summer demand increase, and their task now is to prevent a new oil surplus in the market by smoothly adapting to changing conditions. Russia Prolongs Restrictions on Fuel Exports The Russian refined oil product market continues to operate under limited export supplies. The Russian government previously imposed a temporary ban on gasoline exports for all categories of suppliers, including major oil refineries (refineries), until August 31, 2025. This measure aims to maintain stability in the domestic fuel ...

... external pressures. This underscores these countries' commitment to pursuing an independent energy policy based on their economic interests. In Europe , meanwhile, the course to reduce dependence on Russian energy carriers continues. Imports of Russian oil and petroleum products to the EU have been effectively halted by the existing embargo, and pipeline gas supplies have been reduced to minimal levels. The European Union is actively developing infrastructure for receiving LNG (new terminals are being built, and long-term contracts are being signed with alternative suppliers) to replace the volumes lost. ...

... risks does this create for the market and how does it affect Russia? Find out in our analysis. Chinese Purchases of Iranian Oil: Covert Operations and Their Consequences for Russia Despite international sanctions and official statements about halting oil supplies from Iran to China, the Middle Kingdom continues to import crude oil using complex circumvention schemes. These actions have a significant impact on the global oil market, creating challenges for other major exporters, including Russia. How the ...

... natural gas: significant volumes of LNG are being supplied to China from Qatar, Australia, and the spot market, bypassing American gas. Concurrently, Europe continues its efforts to reduce dependence on Russian energy resources. The import of Russian oil and petroleum products into the EU has effectively ceased due to the existing embargo, while pipeline gas supplies have been reduced to minimal volumes. The European Union is actively developing infrastructure for LNG reception (new terminals are being constructed, and long-term contracts with alternative suppliers are being signed) to replace the volumes ...

... "In winter, we observed how our suppliers and carriers adapted to the new sanction conditions. But by early spring, even the largest global agencies began to acknowledge that these sanctions did not have a noticeable impact on the volume of Russian oil supplies to markets. After some decline, shipments began to recover and reached levels comparable to last year," Frolov explains. According to the same Platts estimate, maritime exports of oil from Russia to India reached 1.64 million barrels per ...