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Putin Threatens Seizures Of European Ships Over EU's "Piracy & Banditry"
Putin Threatens Seizures Of European Ships Over EU's "Piracy & Banditry"
Russian President Vladimir Putin on Wednesday addressed the persisting issue of European governments and navies seizing what they deem Russian 'shadow fleet' vessels off Europe's coast.
The past year alone has seen several examples, sometimes involving French or Swedish commandos descending onto a tanker's deck from helicopters and arresting crew members. The seized vessels are then taken to nearby European ports.
The latest European Union sanctions package passed last month stipulates that EU members can sell the oil or any seized...
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May 18, 2026 / Tyler Durden
Oil Slides After Iran Says US Agreed To Lift Oil Sanctions During Talks, Long-Term 'Nuclear Freeze' On Table
Oil Slides After Iran Says US Agreed To Lift Oil Sanctions During Talks, Long-Term 'Nuclear Freeze' On Table
Saudi state-owned Al Arabiya early Monday has issued a bombshell if true (but still very much not officially confirmed), reporting that Iran has agreed to a long-term nuclear freeze instead of a complete dismantling. The outlet also reports that Iran has withdrawn its demand for compensation, instead demanding economic concessions. However, this could be highly dubious, given over the past several days Tehran has not shown willingness to back down from this demand of compensation.
It...
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Feb 21, 2026 / Tyler Durden
‘Incubator Babies’ Are Back, With Iran In Crosshairs
Tehran is once again pointing the finger at “terrorists” for last month’s bloodshed, rejecting outside estimates and doubling down after President Trump just issued his own high estimate. Trump told reporters Friday that 32,000 people were killed in the unrest, declaring that “the people of Iran have lived in hell” under the ruling clerical regime of the Ayatollah. That figure […]
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Apr 11, 2026 / Tyler Durden
Novorossiysk Restarts Oil Loadings At Reduced Capacity After Drone Strike
Novorossiysk Restarts Oil Loadings At Reduced Capacity After Drone Strike
By Julianne Geiger of OilPrice
Russia has restarted limited oil loadings at its Black Sea port of Novorossiysk after a drone attack earlier this week forced a full suspension.
Operations at the Sheskharis terminal resumed late Thursday, but only one berth is currently active. A single cargo of roughly 80,000 tons is expected to depart, well below the terminal's normal capacity of about 700,000 barrels per day.
The restart comes after the Monday strike that caused fires at a fuel terminal and damaged...
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