Reuters – Ukraine 24

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China imports record amount of Russian crude oil in 2024, Reuters reports

Imports of Russian crude oil to China reached a record high in 2024, rising by 1% compared to 2023, Reuters reported on Jan. 20. The Russian fossil fuel industry is the primary economic driver of Moscow's full-scale war against Ukraine. Despite sanctions and Ukrainian strikes on Russian oil production, China, the world's largest crude oil […]

Ukraine

January 20, 2025

Russia’s seaborne oil exports decline 9.1% in 2024 amid Ukrainian drone attacks, Reuters reports

Russia's seaborne exports of petroleum products declined by 9.1% to 113.7 million metric tons in 2024, reflecting mounting challenges to its fossil fuel industry, Reuters reported on Jan. 17. Ukraine has targeted Russia's fossil fuel infrastructure as part of its strategy to undermine a key funding source for Russia's war effort. Drone strikes on refineries […]

Ukraine

January 17, 2025

Members of Trump's team admit Ukraine-Russia peace settlement could take months, Reuters reports

Several advisors to U.S. President-elect Donald Trump have accepted a timeline of at least several months to strike a deal to settle the Russia-Ukraine war, Reuters reported on Jan. 15, citing two Trump associates who directly spoke to the president-elect about the war. Trump has previously promised to end Russia's war against Ukraine in 24 […]

Ukraine

January 15, 2025

65 oil tankers drop anchor after latest US sanctions against Russia, Reuters reports

Sixty-five oil tankers paused operations in various places around the world following the recent U.S.-U.K. sanctions against Russia’s oil industry and shadow fleet, Reuters reported on Jan. 13, citing maritime tracking data. According to the news agency, five of those tankers were anchoring off China and Singapore, while others were idling in the Baltic Sea […]

Ukraine

January 14, 2025

Vital Pokrovsk coking coal mine halts operation, Reuters reports

As Russian troops continue approaching the city of Pokrovsk, Ukraine halts the extraction of coking coal near the city, Reuters reported on Jan. 13, citing unnamed sources. "They have all stopped working now," one Reuters source said. "There's no production there, they're only working on the surface," another Reuters source added. The Pokrovsk coal mine, […]

Ukraine

January 13, 2025

NATO won't endorse Trump's 5% spending target, but ready for increase, Reuters reports

NATO allies are unlikely to meet U.S. President-elect Donald Trump's proposed spending target of 5% of GDP but are open to an increase from the current 2%, Reuters reported on Jan. 10, citing comments from officials and analysts from various NATO countries. On Jan. 7, Trump called for an increase to the NATO spending target […]

Ukraine

January 11, 2025

NATO membership is Ukraine’s best security guarantee, Finland's FM tells Reuters

NATO membership is the only credible long-term guarantee Ukraine can secure to defend against future Russian aggression, Finland's Foreign Minister Elina Valtonen told Reuters on Jan. 8. While Donald Trump's upcoming return to the White House on January 20 has sparked hope for a diplomatic resolution to Moscow's invasion, it has also raised concerns in […]

Ukraine

January 8, 2025

Chinese port ban on US-sanctioned tankers tightens oil supply, Reuters reports

Shandong Port Group has prohibited U.S.-sanctioned tankers from accessing its ports in the eastern Chinese province, three traders familiar with the issue told Reuters. This region, home to many independent refiners, is a significant importer of oil from countries under U.S. embargoes. Last year, Shandong imported approximately 1.74 million barrels per day (bpd) of oil […]

Ukraine

January 7, 2025

Incoming Ukraine peace envoy postpones visit to Kyiv until after Trump's inauguration, Reuters reports

The Trump administration's Ukraine peace envoy, Keith Kellogg, has postponed a visit to Kyiv until after U.S. President-elect Donald Trump is inaugurated on Jan. 20, Reuters reported on Jan. 6, citing four sources with knowledge of the trip. According to the sources who spoke to Reuters, the new date has not yet been set, and […]

Ukraine

January 6, 2025

Loud bang heard before Azerbaijan Airlines plane crashed, passengers tell Reuters

Two passengers who survived the crash of an Azerbaijan Airlines plane in Kazakhstan heard a loud bang as it approached its original destination of Grozny, Reuters reported on Dec. 27. The plane, en route from Baku on Dec. 25, carried 67 passengers, including 42 Azerbaijani citizens, 16 Russians, six Kazakhs, and three Kyrgyz citizens. Thirty-eight […]

Ukraine

December 27, 2024

Russian companies increasingly using bitcoin amid sanctions, Reuters reports

Russian companies are increasingly using bitcoin and other digital currencies for international payments in response to Western sanctions, Reuters reported on Dec. 25. Once key facilitators of Russia’s trade, Chinese banks have significantly curtailed transactions over fears of losing access to U.S. financial markets. By mid-2024, roughly 80% of Russian payments in Chinese yuan were […]

Ukraine

December 26, 2024

Biden administration to announce its final $1.2 billion Ukraine aid package under USAI, Reuters reports

The Biden administration is planning to announce in the coming days its final aid package under the Ukraine Security Assistance Initiative (USAI) worth around $1.2 billion, Reuters reported on Dec. 20, citing unnamed sources. The U.S. provided more than $60 billion in military aid to Ukraine under the Biden administration. The USAI is a Pentagon-led […]

Ukraine

December 20, 2024