Lukoil

Iran’s War on Iraq’s Oil Industry

Iran-aligned militias in Iraq have been attacking the country’s oil sector while the world’s attention focuses on the Strait of Hormuz.

Marking Four Years of Russia’s Invasion of Ukraine

Strict Enforcement Needed To Curb Indian Imports of Russian Oil

Russian oil sellers are increasingly turning to Chinese purchasers to offset losses stemming from India’s decision to halt imports in accordance with New Delhi’s ambitious new trade deal...

Russian Businesses Adopt ‘Tactical Poverty’ Measures, Signaling Growing Economic Stress 

“Tactical poverty” is what Russians are calling the belt-tightening measures Russian companies have been compelled to impose amid poor economic indicators for 2026. According to the Russian business...

To Build Leverage for Peace, Enforce Oil Sanctions on Russia

American and Ukrainian officials spent the weekend in Geneva revising a peace plan that initially tilted heavily in Russia’s favor. The real challenge now is getting the Kremlin to accept terms that...

China Keeps the Axis of Aggressors Afloat With Oil Imports

Beijing continues to import oil from key U.S. adversaries. According to TankerTrackers, China imported 8.31 million barrels per day (bpd) of crude oil in October, only slightly lower than its September...

Russian Bank CEO Informs Putin of “Shrinking Portfolios” As War Against Ukraine Continues

Lending Declines: The head of Russia’s largest bank told Russian President Vladimir Putin during a meeting on November 10 that some of its portfolios are shrinking as a result...

Russian PM’s Visit to China Highlights Need for Firm U.S. Sanctions Enforcement

Beijing and Moscow have made a “strategic choice” to advance their partnership despite the “turbulent external environment,” Chinese leader Xi Jinping declared as he hosted Russian Prime Minister...

Polish Fighter Jets Intercept Russian Spy Plane Over Baltic Sea

Plane Flew Without Flight Plan or Transponder: Polish MiG-29 fighter jets intercepted a Russian Il-20 spy plane over the Baltic Sea on October 29 and escorted it out of the area....

The Effectiveness of Trump’s New Russia Oil Sanctions Depends on Stringent Enforcement

The Trump administration imposed sweeping new measures targeting Russia’s two biggest oil companies on October 22. The sanctions apply to Rosneft and Lukoil, along with 34 of their subsidiaries, and...

U.S. and EU Include Key Oil Companies in New Sanctions Targeting Russia

Rosneft and Lukoil Targeted: The United States imposed sanctions on Russia’s two largest oil companies as President Donald Trump expressed frustration with Russian President Vladimir...

Ruble Rumble

Offensive and Defensive Measures to Defeat Russia in the Economic Domain

Major Austrian Energy Firm to Leave Iran

OMV, a major Austrian energy firm, will no longer resist U.S. efforts to re-impose sanctions on Iran. “Let’s face it, you cannot simply carry on in Iran,”...