Following Russia''s invasion of Ukraine, the EU has sanctioned its energy sector, with import bans on Russian oil and coal, and bans on EU exports and investments.
Twenty-six entities connected to Russia''s military-industrial complex were added to Annex IV of Regulation 833, making them subject to stricter export restrictions with respect to dual-use goods
The Department is designating two currently producing Russian LNG export terminals to directly disrupt Russia''s ability to produce and export LNG and reduce Russia''s revenue from LNG
Russia was the world''s second-highest producer of crude oil and condensate as well as dry natural gas and was the world''s third top exporter for coal and natural gas in 2023.1
The sources expect Russian oil sales to be handed over to intermediaries and trading firms, which will increase costs for sellers but may shield buyers from sanctions-related risks.
As the Russia-Ukraine conflict continues, Russia"s oil infrastructure remains under threat from attacks, adding to volatility in Russia"s refined product exports.
As part of a fresh round of sanctions announced in July, the European Union has now banned transactions including any provision of goods or services related to Nord Stream, which
As of 2025, it is clear that energy is as much a vulnerability as it is an asset. Among the factors making this obvious are Ukrainian strikes against Russian infrastructure, the EU''s phaseout of...
In May, Astana imposed a six-month ban on exports of petroleum products and cracked down on cross-border fuel smuggling. The moves were aimed at preventing shortages in
Russia''s fossil fuel exports remain highly concentrated, with China dominating coal and crude oil purchases, Turkiye dominating purchases of oil products, and the EU still the largest buyer
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