Russia’s seaborne oil exports decline 9.1% in 2024 amid Ukrainian
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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 […]
Ukrainian drone hits large oil refinery in Russia’s Tatarstan, head
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Ukrainian drone hits large oil refinery in Russia’s Tatarstan, head of Ukraine’s Center for Countering Disinformation confirms

A Ukrainian drone hit the Taneko oil refinery in Tatarstan, Russian Telegram channel ASTRA reported on Jan. 11. The refinery is one of the country's largest oil-processing facilities. Workers at the refinery in Nizhnekamsk were evacuated amid the attack, and local footage showed smoke rising from the site. Andrii Kovalenko, Head of Ukraine's Center for […]
Japan's new sanctions are 'significant blow to Russia’s military-industrial complex,'
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Japan's new sanctions are 'significant blow to Russia’s military-industrial complex,' Zelensky says

The Japanese government has broadened its sanctions list in response to Russia's invasion of Ukraine, the country's Foreign Ministry announced on Jan. 10. The new measures targeted individuals and entities from Russia, China, the United Arab Emirates, Kazakhstan, Kyrgyzstan, Thailand, Turkey, and North Korea. Twenty-nine Russian entities, including the Machine-Building Scientific and Production Union, and […]
Trump's China strategy hinges on crippling Russia’s economy
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Trump's China strategy hinges on crippling Russia’s economy

U.S. President-elect Donald Trump is determined to confront China economically and strategically. This is a difficult problem, because so many goods purchased in the United States have supply chains with deep roots in the Chinese manufacturing base. If new U.S. tariffs cause the Chinese renminbi to depreciate, as seems likely, Chinese products will remain competitive, […]