Economics
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.
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.
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.
Sinopec diverts supertanker from U.S.-sanctioned port
A supertanker carrying oil to the Chinese port of Rizhao in Shandong province changed its destination over the weekend after the U.S. imposed sanctions on an import terminal at the port on Friday.
Sanctions-hit Nayara scrambles to sustain operations, with New Delhi's help
Shut out of many international markets because of crippling sanctions imposed by the European Union on July 18, the Russian-owned refinery has had to divert more fuel to the domestic market and find new export customers, among numerous workarounds, big and small, forced by the bloc's penalty.
- Westlake Polyethylene achieves ISCC PLUS Certification at Sulphur, Louisiana (U.S.) site 11/7
- Transition Industries, Mitsubishi Gas Chemical sign PSA for ultra-low carbon methanol 11/7
- Malaysia's used cooking oil exports to face pressure in 2026 on domestic SAF production 11/7
- U.S. EPA approves 14 small refinery biofuel waivers 11/7
- China's October crude oil imports rise 8.2% year-on-year, refinery utilization rates highest of year 11/7
- U.S. urges Europe to stick to oil and gas, not renewables 11/7
