Ukraine attacks Crimean oil-drilling platform for second time in a week

Ukrainian forces have attacked a drilling platform in the Black Sea owned by a Crimean oil and gas company, Tass news agency cited local officials as saying, the second strike in a week.

Fire Break Out at Russian Oil Refinery after Alleged Ukrainian Drone Attack - Tasnim News Agency

 A fire broke out at an oil refinery in southern Russia’s Rostov Region on Wednesday after it was allegedly hit by a Ukrainian kamikaze drone.

Greece Releases Iranian Tanker - Tasnim News Agency

Greece has released an Iranian oil tanker that had been confiscated under the US’ pressure, Iran’s Ports and Maritime Organization (PMO) said.

Venezuela Receives Second Iranian-Made Oil Tanker - Tasnim News Agency

The second Aframax oil tanker manufactured in Iran was delivered to Venezuela in a ceremony on Saturday.

Decision on Seizure of Iranian Oil Cargo Overturned by Greek Court - Tasnim News Agency

A court in Greece overturned an earlier court ruling that allowed the confiscation by the United States of part of a cargo of Iranian oil on an Iranian-flagged tanker off the European country’s coast.

UK Petrol Prices Hit New Record High amid Warning ‘Worst Is Yet to Come’ - Tasnim News Agency

UK Petrol prices have climbed to a new high of 178.5p a liter as drivers associations warned that the “worst is yet to come”.

VIDEO: Moments when IRGC Seized Two Greek Tankers in the Persian Gulf

 

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On Friday, the IRGC announced it had seized the two Greek oil tankers, days after an Iranian oil tanker was captured by Greece in its territorial waters and its oil cargo was transferred to the US.

EU leaders agree to exempt Hungary from Russian oil embargo

European Union leaders reached a late-night agreement Monday on cutting 90% of Russian oil imports and exempting crude oil transported by pipeline to Hungary under the measures, the president of the European Commission announced.

Western media turns blind eye to US occupation of oil-rich Syrian regions, says Draxler – SANA

Former Slovak Minister of Education, Science, Research, Juraj Draxler said the continued presence of US occupation of part of the Syrian territory constitutes a blatant violation of international law, adding that this occupation has caused thousands of casualties among the Syrians.

Norway has made it clear that it will not give in to Poland’s demand to share its growing profits from oil and gas trade — RT World News

 The Norwegian people and their economy are also suffering from soaring oil and gas prices, according to Oslo

Italy Quadruples Imports of Russian Oil Despite EU Opposition – Al-Manar TV Lebanon

Italy has increased its imports of Russian crude in spite of efforts by the European Union to end its dependence on Russian energy over the Ukraine crisis.

Venezuela hopes for 'absolute lifting' of sanctions by US

Venezuelan Vice President Delcy Rodriguez said Tuesday that her government hopes a decision by the US to ease some economic sanctions on the country will pave the way for the “absolute lifting of the illicit sanctions.”

Ukraine "opposes" EU sanction package lacking ban on Russian oil exports

Ukraine’s foreign minister said Monday that Kyiv expects the European Union’s sixth sanction package against Russia to include a ban on Russian oil exports.

Saudi Arabia posts $15.3 billion budget surplus in Q1 as oil prices surge | Al Arabiya English

Saudi Arabia posted a budget surplus of 57.49 billion riyal ($15.33 billion) in the first three months of 2022, the finance ministry said, bolstered by a 58 percent jump in oil revenue as prices surged.

Germany to ban Russian oil regardless of EU: Bloomberg

Germany plans to stop importing Russian oil by the end of the year, even if the EU fails to agree on a ban in its next set of sanctions, Bloomberg has reported citing government officials.

Kiev Says Almost Impossible To Refill Cars In Ukraine Due To Shortage In Gasoline Supplies - UrduPoint

Ukrainian Deputy Finance Minister Alexander Kava said on Sunday that it was almost impossible to refill private vehicles in the country due to shortages in gasoline supplies.

Russian shells hit Lysychansk oil refinery, damage production areas: local authority | Al Jazeera

Russian shells struck the oil refinery at Lysychansk in eastern Ukraine, damaging production facilities, the governor of Luhansk region said.

EU Revising 6th Sanctions Package As 6 States Having Issues With Proposed Oil Ban - Source - UrduPoint

EU ambassadors are meeting on Friday to discuss the sixth package of sanctions against Russia, with six member states expressing objections to different aspects of the proposed oil embargo, a source told Sputnik.

Attacks on energy infrastructure, supply cutoff by Russia and Belarus: UA closed 7,000 gas stations

 

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EU members seek exemptions from Russian oil embargo

European Union officials have handed over a draft plan to member states on a new package of sanctions against Russia, but some members are jockeying to opt out of an oil embargo.