Russia’s invasion of Ukraine prompted a shift in energy cooperation with African countries, once considered a priority for future upstream investment. Western sanctions have increased the importance of alternative energy partners and markets, including Africa, for Russia. Following the visits of several Russian delegations to African countries to discuss increased cooperation since the outbreak of…
While violations of the G7 price cap on Russian oil are becoming apparent, there is still room for Western countries to enhance regulations and decrease the cash flows directed towards Russia. The extensive and unprecedented sanctions imposed on Russia to limit its oil export income, including the European Union embargo and the G7 oil price…
Prior to the implementation of the G7 oil price cap in December 2022, a significant shift in vessel ownership occurred, involving the transfer of ownership from direct Russian entities to new companies based in India and the United Arab Emirates (UAE). These newly established tanker owners have formed fleets of vessels that maintain direct and…
Stable OPEC+ Oil Exports in April Sustained by Saudi Arabia’s Increased Supply Amid Nigerian and Iraqi Disruptions
Unpacking the Flaws in John Mearsheimer’s Argument: Why Blaming the West for the Ukraine Crisis Falls Short.