Russia

There is "growing evidence" that Russia is using "shadow tanker fleets" to circumvent a Western oil price cap, a watchdog committee of British lawmakers warned on Wednesday.Arguing Britain and its allies must maintain sanctions and military support for Ukraine for "as long as it takes," the panel from parliament's unelected upper House of Lords urged them to take "decisive action" over the issue.It comes just over a year after the G7, European Union and Australia imposed the unprecedented price cap on Russian oil, hoping to starve President Vladimir Putin of much-needed revenue while ensuring he still supplied the global market so that energy prices would not soar. Initially successful, the $60 per barrel price ceiling on Russian oil lost its impact once Moscow found new buyers and tankers to deliver its exports.Recent assessments show Moscow has reduced its dependence on Western shipping services and skirted the curb by building so-called shadow fleets of tankers and buying old ships, while also offering its own insurance services."We are concerned at the growing evidence that Russia has been able to circumvent sanctions, including through third states and uninsured shadow tanker fleets," the Lords' European Affairs Committee said in a new report."This is an issue where decisive action by the UK and its allies is needed," it added, urging the government to detail "specific examples" of enforcement action.Companies based in the EU, G7 member states and Australia are banned from providing services enabling maritime transport, such as insurance, of oil above that price.But the Kyiv School of Economics is the latest to highlight the extent to which Russia is now able to get around the mechanism.In its December "Russian oil tracker" report released earlier this month, it estimated "179 loaded Russian shadow fleet tankers left Russian ports in November 2023."Around 70% of the vessels were built more than 15 years ago, it said.In October, the shadow fleet was responsible for exports of around 2.3 million barrels per day of crude oil and 800,000 million barrels per day of petroleum products, according to the oil tracker report.The Lords' committee welcomed the Western sanctions regime imposed on Moscow since its invasion of Ukraine in early 2022, in particular, that it had been "broadly aligned," but warned against "divergence.""Divergence between sanctions regimes results in gaps and loopholes, weakening their effectiveness; it should be as limited as possible."





Unlimited Portal Access + Monthly Magazine - 12 issues-Publication from Jan 2021


Buy Our Merchandise (Peace Series)

 


Contribute US to Start Broadcasting



It's Voluntary! Take care of your Family, Friends and People around You First and later think about us. Its Fine if you dont wish to contribute and if you wish to contribute then think about the Homeless first and Feed them. We can survive with your wishes too :-). You can Buy our Merchandise too which are of the finest quality.


STRIPE


Alexei Navalny Wrote He Knew He Would Die in Prison in New Memoir


[Russia] - Russian Court Orders Arrest of CNN Journalist for Kursk Reporting


[Russia] - Russian Court Orders Seizure of JPMorgan Funds as VTB Seeks Damages for Assets Blocked Abroad


In Russia?s Republic of Sakha, a Fatal Stray Dog Attack Underscores Country-Wide Problem


Russia Sentences Siberian to 18 Years for Arson Attack on Army Office


[Russia] - Russia and Iran Hail 'Close' World Views


Russia Hikes ?Exit Tax,? Sales Discount for Foreign Companies ? RBC


Ukrainian Reporter Died in Russian Detention, Kyiv Says


Jet Fire at Crimea Oil Terminal Extinguished 5 Days After Ukraine Strike


Russian Strikes Kill 4 in Ukraine?s Odesa Region Overnight ? Governor


Russia Calls U.S. Actions in Asia ?Destructive? at ASEAN Summit


King of the Netherlands Visits The Moscow Times, TV Rain Newsrooms


49 Russians Targeted in Soviet-Style Punitive Psychiatry ? Memorial


[Russia] - Queasiness, Headaches and Coughing: Locals Complain Amid Crimean Oil Refinery Fire Caused By Ukrainian Strike


AP Investigates Russia?s Recruitment of African Women to Make Drones: What We Learned


Russia Says Struck Ukraine?s Patriot Air Defense System Launchers


Putin Expands Russia?s Visa-Free Regime for Georgians


Kremlin Says Trump Sent Putin Covid Tests as Part of International Cooperation


[Russia] - Kremlin Rejects 'Fake' Report North Koreans Fighting in Ukraine


Putin Relieves Russian Ambassador to U.S. With No Replacement Named


[Russia] - Consumer Goods Giant Unilever Finally Exits Russia


[Russia] - U.S. Confident Ukraine Can Hold Parts of Russia's Kursk Region 'for Months'-- Bloomberg


Toll From Russian Strike on Odesa Rises to 8


[Russia] - Kadyrov Declares 'Blood Feud' Against Russian Lawmakers in First Remarks on Wildberries Shootout


Russia Says Shot Down Ukrainian Drone Barrage


Crimea Oil Depot Burns 3 Days After Ukraine Strike


Russian Football Team Left Without Opponents for International Break


An Ark for Russian Emigres: The Project Helping Anti-War Russians Find Their Footing Abroad


Russia to U.S.: Worry About Diddy, Not Us


[Russia] - Volunteer at Site of Nemtsov's Assassination Jailed 12 Years for Aiding Ukraine-- Mediazona


Over 500M Euros of Frozen Russian Assets in Netherlands Released ? Reports


Russia Says Two Kursk Region Villages Recaptured From Ukraine


[Russia] - Chechnya's Kadyrov Speaks Out Against Russia's 'Medieval' Migration Laws


[Russia] - Russia Sentences Freed Ex-U.S. Marine to 14.5 Years in Absentia on Mercenary Charges


Russia's Army Recruits Are Increasingly Older, Less Capable Men – Vyorstka


Bodies of Wagner Fighters Killed in Mali Repatriated to Russia


[Russia] - Russia's Tax Revenue From Occupied Ukrainian Regions Tops 2023 Levels


[Russia] - Kremlin Denies Trump, Putin Spoke 7 Times Since 2021


Russia Bans Messaging Platform Discord


Ukraine Claims Strike on Depot Storing North Korean Ammo


[Russia] - Trump Secretly Sent Putin Rare Covid Tests at Pandemic's Height, Book Reveals &-- WP


[Russia] - U.K. Sanctions Russian Army Commander Over Ukraine Chemical Weapons Claims


[Russia] - EU Approves Sanctions Framework Against 'Hybrid Threats'


[Russia] - Moscow Luxury Housing Sales Hit Record $1.8 Bln in 2024-- Vedomosti


[Russia] - Russia's Youngest Political Prisoner, 16, Says Beaten by Cellmate


[Russia] - Russian Opposition Activist Slits Wrists in Court -Rights Group


Five Russians Killed Climbing Mountain in Nepal ? Tourism Official


N. Korean Soldiers ‘Highly Likely' Killed in Ukraine & Seoul


[Russia] - Russia, China Hold Joint Navy Patrol in the Pacific


[Russia] - Over 1K Evacuated After Ukraine Hits Annexed Crimea's 'Largest' Oil Depot


Putin To Meet Iran President in Turkmenistan on Friday ? News Agencies


[Russia] - Moscow Arrests Man for ‘& lsquo; LGBT Propaganda & and & lsquo; Satanism 'Russia on Monday arrested a medic for Satanism and promoting same-sex relationships, as Moscow heightens a legal crackdown on LGBTQ+ rights in defense of


Despite Fears of Wider Middle East War, Russian Emigres in Israel Say They Are Unlikely to Leave


[Russia] - Two Major Buyers Said To Bid for Raiffeisenbank Russia


[Russia] - Russia Jails Ukrainian Woman 8 Years for Annexation Day Bomb Plot-- Mediazona


[Russia] - Russian Schoolchildren Forced to Send Putin Birthday Wishes On-Camera


[Russia] - Putin Halts Visits to Sochi Residence Due to Safety Concerns-- Proekt


[Russia] - Russia Jails U.S. 'Mercenary', 72, for Nearly 7 Years


[Russia] - Belgorod Region Offers Record 3M Ruble Military Sign-Up Payment


Putin?s ?Merchant of Death? Viktor Bout Returns to Arms Trading Business ? WSJ


Russian State Media Corporation Hit By ?Unprecedented? Hacking Attack ? Reports


Ukraine Says Hit Crimea Oil Terminal, Russia Claims Gains


[Russia] - Russian Activist Killed on Front Line in Ukraine


[Russia] - Russia Arrests Dutch Citizen for 'Violence Against Police'A Russian


Russia Sentences Crimean to 14 Years on Treason Charges


Putin Abandons Peace Talks, Seeks to Destroy Ukrainian State After Kursk Incursion ? Report


Investigators Collected Snow, Underwear and More From Scene of Navalny?s Death ? Dossier Center


[Russia] - FSB Chief Calls Pager Attacks a 'Direct Threat' to CIS Countries


[Russia] - In Russia's Caucasus, a Tentative Border Redraw Edges Republics Closer to Instability


[Russia] - 'Russian Spy' Whale Likely Died of Infection-- Norwegian Police


[Russia] - Beached Orcas Rescued Off Russian Coast


[Russia] - Siberian Region Declares 'High Alert' Over Electricity Shortages


Car Bomb Kills Security Chief at Ukraine's Russian-Held Nuclear Plant


[Russia] - Russia Calls On West to Lift Sanctions on Afghanistan


[Russia] - Ukraine Claims Attack on Russian Oil Depot


Russia Evacuates Diplomats' Family Members from Lebanon


[Russia] - Moldova Uncovers 'Unprecedented' Pro-Russia Vote Rigging


Ukraine Claims Drone Strike on Russia?s Borisoglebsk Air Base ? Reports


What Went Wrong for Ukraine at Vuhledar


How the War in Ukraine Split the Orthodox Church


[Russia] - Moscow Nurse Jailed 8 Years for Anti-War Posts


[Russia] - Russian 'Mercenary' Trial of 72-Year-Old American Made Secret


[Russia] - Rescuers Working to Save Stranded Orca Whale Family in Russia's Far East


[Russia] - Russian Beaten By Kadyrov's Son for Quran-Burning Charged With Treason


Putin Names Separatist Officer as Kremlin Envoy to Russia's Defense Hub


[Russia] - Tolstoy Descendants Feud Over Russian Peace Prize


[Russia] - Beyonce, Lana Del Rey, Metallica 'Blacklisted' in Russia-- Vyorstka


[Russia] - Russia Opens Criminal Case Against Cryptex, UAPS Payment System Creators


[Russia] - On the Pokrovsk Front, Ukrainian Forces Struggle To Keep Back the Russian Advance


[Russia] - Russia Allows Criminal Defendants to eliminate in Ukraine


[Russia] - Trial Opens for Russian Journalists in Navalny 'Extremism' Case


EU Moves to Sanction Russia Over Hybrid Attacks


[Russia] - Russia's 2025 Budget Seen as Pro-Inflationary-- Analysts


[Russia] - Kremlin Calls for 'Restraint' After Iran Missile Attack on Israel


[Russia] - Ukraine Army Says Withdrawing From Eastern Stronghold of Vuhledar


Kyiv Accuses Russian Troops of Executing 16 Ukrainian POWs


[Russia] - Russia Opens Criminal Case Against Opposition Politician Shlosberg


[Russia] - Russia's 'Evil Corp' Hackers Unmasked by Sweeping Sanctions


[Russia] - China's Xi Tells Putin Ready to ‘& lsquo; Expand' Ties-- State Media


Russian Court Imprisons 13 Young Men for Anti-War Sabotage Acts





66