Tag: russian energy
-
Sweden Raises Concerns Over Russian Oil Tankers Passing Gotland Amid Sanctions Evasion
Sweden is heightening its alertness as a significant number of Russian oil tankers, dubbed “shadow ships,” navigate close to Gotland’s coast. These vessels are utilized by Russia to circumvent Western sanctions imposed following its invasion of Ukraine, posing not only a security concern but also a significant environmental risk due to their dilapidated condition and…
-
China and India Boost Russia’s Economy by Increasing Oil Purchases Amid Western Sanctions
Recent shifts in global oil trade dynamics have seen China and India significantly increase their purchases of Russian oil, following Western sanctions imposed on Russia due to its invasion of Ukraine. These developments have altered traditional trade routes and pricing structures, with Russian oil now being sold at a discount. Despite the sanctions, Russia’s oil…