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India-bound tanker carrying Russian crude U-turns in Baltic Sea

India-bound tanker carrying Russian crude U-turns in Baltic Sea

by AIP Online Bureau | Oct 29, 2025 | Eco/Invest/Demography, International News, Risk Management

The vessel’s U-turn in the Fehmarn Belt occurred a week after the US slapped sanctions on state-owned Rosneft and fellow Russian oil giant Lukoil PJSC. Transactions involving the two companies must be wound down by Nov. 21, the Treasury Department said. An India-bound...
EU adopts a new package of sanctions targeting Russia’s energy infrastructure

EU adopts a new package of sanctions targeting Russia’s energy infrastructure

by AIP Online Bureau | Oct 26, 2025 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance

Along with a full transaction ban on two major Russian oil companies, Rosneft PJSC and Gazprom Neft PJSC, and sanction 117 additional so-called shadow fleet vessels, which have enabled Russia to evade previous measures, the EU package goes after 45 entities that have...
UK sanctions Russia’s Lukoil and Rosneft, targets shadow fleet

UK sanctions Russia’s Lukoil and Rosneft, targets shadow fleet

by AIP Online Bureau | Oct 16, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“We are introducing targeted sanctions against the two biggest oil companies in Russia, Lukoil and Rosneft. At the same time, we are ramping up pressure on companies in third countries, including India and China, that continue to facilitate getting Russia oil...
Insurers lose bid to appeal London judgment over jets lost in Russia

Insurers lose bid to appeal London judgment over jets lost in Russia

by AIP Online Bureau | Sep 17, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The decision marks another milestone in one of the largest lawsuits to be heard in London, which has become a bellwether for similar cases fought in other jurisdictions, such as the United States, and triggered a battle in London between all risks and war risks...
Nayara turns to dark-fleet tankers and Russian oil for survival

Nayara turns to dark-fleet tankers and Russian oil for survival

by AIP Online Bureau | Aug 21, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

The refiner, part-owned by Russian oil major Rosneft PJSC, is an important pillar of the Indian market. Its 400,000 barrels-a-day processing plant accounts for 8% of the country’s refining, and the company operates 7% of its fuel stations. It’s been forced to reduce...
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