russian oil
Russian oil revenues soar despite sanctions, study finds
Rising oil prices more than offset a decline in export volumes during the first 100 days of the assault on Ukraine.
The refinery standing between Germany and an oil embargo
A Russian-owned refinery, linked to a Soviet-era pipeline, is a reminder of Germany’s past and a stumbling block to efforts to cut off Russian oil.
Hooked on cheap oil, Hungary resists an embargo on Russia
Prime Minister Viktor Orban has promised voters to keep energy prices low. The dividends from taking Russian fuel also help fund the policies that have made Hungary a beacon for right-wing groups.
U.S. aims to cripple Russian oil industry, officials say
The revenue powers Vladimir V. Putin’s war machine in Ukraine. But plans for new U.S. sanctions could create problems with China, India and other major buyers.
Orbán’s price: What will it take to get Hungary to ban Russian oil?
Brussels eyes the EU leaders’ summit at the end of May for a sanctions deal as hopes of a breakthrough fade.
Europe’s quest to replace Russian gas faces plenty of hurdles
Climate concerns, investor reticence and political disputes complicate a shift to supplies from the United States, North Africa and the Mediterranean.
Europe is about to ban Russian oil: What happens next?
Policymakers want to stop financial support to a war machine. Replacing that energy supply is going to be difficult and expensive for consumers.
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