Europe
Trump’s India squeeze to push Russian oil further into the shadows
India has become a major trade buyer of Russian oil since Moscow’s invasion of Ukraine in 2022. It purchased 1.9 MMbpd of Russia’s crude in the first nine months of 2025, 40% of its total exports.
MOL says restarting units of Danube refinery not affected by fire; probe ongoing
The refinery, which has a capacity of 165,000 bpd of crude oil, largely processes Russian crude delivered via the Druzhba pipeline. It effectively covers Hungary's domestic demand for oil products.
U.S. says India halves Russian oil imports, sources say no cuts seen
Russian oil is a main irritant for Trump in prolonged trade talks with India - half of his 50% tariffs on Indian goods are in retaliation for those purchases.
Russia says refineries to postpone maintenance to saturate market
In September, Russia imposed a partial ban on diesel exports and extended a gasoline export ban, which applies to all exporters, until the end of the year.
UK sanctions Russia's Lukoil and Rosneft, targets shadow fleet
Lukoil and Rosneft were designated under Britain's Russia sanctions laws for what London described as their role in supporting the Russian government. They are subject to an asset freeze, director disqualification, transport restrictions, and a ban on British trust services.
OCI Global and VICTROL partner to develop refrigerated clean ammonia bunkering supply chain in the Netherlands and Belgium
This strategic collaboration marks an important step in accelerating the decarbonization of the maritime industry.
Some Indian refiners to move away from Russian oil
India and China are the biggest buyers of Russian sea-borne crude, taking advantage of discounted prices Russia was forced to offer after losing sales to Europe following Moscow's invasion of Ukraine in 2022.
Airlines face price-gouging by green jet fuel sellers, IATA says
The EU began requiring airlines to use more sustainable aviation fuel (SAF) this year, with a 2% minimum blending mandate set to rise to 6% by 2030.
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