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Tankers rate hit new high amid US sanctions

Tankers rate hit new high amid US sanctions

by AIP Online Bureau | Nov 24, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Figures from analytics firm Kpler suggest that close to 48 million barrels of Rosneft and Lukoil crude — mostly Urals and ESPO grades — are currently in transit or beginning to load. That includes roughly 50 tankers pointing toward China and India, but also others...
Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

by AIP Online Bureau | Nov 20, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management

The European Union – a big market for Reliance – has imposed wide-ranging sanctions targeting Russia’s energy revenues, including measures that restrict the import and sale of fuels produced from Russian crude oil New Delhi: Reliance Industries Ltd...

US sanctions Russian oil majors over Ukraine, prompting jitters in India and China

by AIP Online Bureau | Oct 23, 2025 | Eco/Invest/Demography, International News, Policy, Regulation

The sanctions target oil giants Rosneft and Lukoil, which between them account for more than 5% of global oil output In another bid to starve Moscow of revenue, the EU also approved a 19th package of sanctions that includes a ban on Russian liquefied natural gas...
What’s in the EU’s 18th sanctions package against Russia?

What’s in the EU’s 18th sanctions package against Russia?

by AIP Online Bureau | Jul 22, 2025 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance, Risk Management

Central to the package is a lower price cap on Russian oil – a move designed to shrink Moscow’s energy revenues without disrupting global markets by severing Russian supply entirely. Here are the details of the European Union’s 18th package of sanctions against Russia...
Govt is building a sanctions-proof supply chain for Russian oil, says Petroleum Secy

Govt is building a sanctions-proof supply chain for Russian oil, says Petroleum Secy

by AIP Online Bureau | Feb 12, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance

“Imports need ships which are not sanctioned, insurance which takes time to reconfigure, and imports will need payments to go through. So each one of these has problems that need to be solved. People are working on solving these problems,” Oil Secretary Pankaj Jain...
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