EU Aims to Close Baltic and North Seas to Russian Tankers
May 13, 2025
The European Union is set to intensify sanctions against Russia by targeting 17 vessels linked to the notorious “shadow fleet,” which has been utilized to evade oil sanctions. According to EUobserver, 25 of these ships ...
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U.S. and Ukraine Reach Agreement on Resource Access
May 1, 2025
The United States and Ukraine have signed an agreement regulating access to Ukraine’s natural resources and establishing a joint investment fund aimed at reconstruction. The announcement was made by the U.S. Department of the Treasury, ...
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China Slashes US Oil Imports, Turns to Canadian Supply Amid Trade Tensions
April 17, 2025
China has drastically reduced its imports of US crude oil by 90%, effectively bringing purchases to near zero. This development comes as Chinese oil refineries pivot toward record levels of oil imports from Canada, according ...
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