EU energy ministers agreed to a full ban on Russian natural gas imports starting in 2028, aiming to cut a key source of Moscow’s war funding. The plan now awaits approval by the European Parliament
By 2028, Turkey could meet over half its gas needs through domestic production and LNG imports, challenging Russia and Iran’s hold on the last major European market and advancing Ankara’s ambition to become a regional gas hub
Brussels unveils its 19th sanctions package, aiming to cut Russian LNG imports sooner than planned while expanding restrictions on banks, crypto platforms, and foreign trade links
EU also looks to tap billions of dollars in frozen Russian assets for first time in conflict
Last month, Trump posted on Truth Social that India could face new sanctions over its continued purchases of Russian oil.
During a May 2024 Q1 earnings call with analysts, Okeanis CEO Aristidis Alafouzos tried to give assurances that the company was not carrying sanctioned Russian oil. Recently published data point to the opposite. On 15 May 2024 Aristidis Alafouzos, CEO of the NYSE-listed Okeanis Eco Tankers, wrote a triumphant tweet about his company’s revenues. On […]
Ships owned by the Alafouzos family and the NYSE-listed company Okeanis Eco Tankers Corp. (NYSE: ECO) are at the forefront of transporting Russian oil, raising critical concerns about compliance with U.S. and EU sanctions. Evidence of ship-to-ship transfers involving Venezuelan oil and the recent sale of a tanker that ultimately serviced Russian ports further intensifies […]
Moscow circumvents the G-7 oil-price cap by moving crude on a fleet of aging tankers on which sanctions have limited traction