EU Plans to Cut Russian Oil Price Ceiling to $45 Amid Sanctions
May 27, 2025
The European Commission (EC) has proposed reducing the price ceiling for Russian oil from its current $60 per barrel to $45. This initiative, reported by the Financial Times on May 27, 2025, is part of ...
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Germany and European Commission Agree to Ban Nord Stream Pipeline
May 23, 2025
Germany and the European Commission have reached a significant agreement to ban the Nord Stream gas pipeline, aimed at preventing its potential activation by both the United States and Russia. As reported by the Financial ...
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US Treasury Lifts Sanctions on CPC and Tengizchevroil: A Strategic Move for Oil Exports
May 16, 2025
On May 15, 2025, the US Department of the Treasury announced the removal of anti-Russian sanctions affecting the Caspian Pipeline Consortium (CPC) and the Kazakh company Tengizchevroil. This decision facilitates the resumption of operations previously ...
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